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Search Result for “new capital”

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THAILAND

Sky-high WiFi set to go far and wide

Business, Kamolwat Praprutitum, Published on 27/06/2018

» Air passengers putting their phones and tablets on flight mode are set to be a thing of the past as on-board WiFi service becomes the rule rather than the exception in the hugely lucrative connectivity industry, says an executive at Inmarsat, the British provider of global mobile satellite communications.

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BUSINESS

Nok Air's new shares fully subscribed

Business, Boonsong Kositchotethana, Published on 01/11/2017

» Cash-strapped Nok Air's latest bid to get shareholders to inject 1.7 billion baht in fresh funds and advance a turnaround plan has been declared a success.

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BUSINESS

Nok Air's Patee leaves CEO post

Business, Boonsong Kositchotethana, Published on 16/09/2017

» After heading Nok Air since its inception 14 years ago, Patee Sarasin has called it quits as chief executive.

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THAILAND

Scoot aims to remain at city's two airports

Business, Boonsong Kositchotethana, Published on 02/08/2017

» While most airlines frown on operating at two airports close to each other for cost and efficiency reasons, and to avoid confusing passengers, Scoot thinks otherwise.

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BUSINESS

TAA insiders keep distance from Nok

Business, Boonsong Kositchotethana, Published on 03/06/2017

» The chance of Asia Aviation Plc (AAV) acquiring a stake in troubled Nok Air as speculated by stock analysts is remote, according to executives.

BUSINESS

Disappointment with Opec accord hits world equities

Business, Published on 29/05/2017

» Recap: Global equity markets retreated last week as a slump in crude prices triggered a sell-off in energy stocks after an Opec-led decision to extend output cuts fell short of expectations. However, markets rallied on Friday amid a consensus that the sell-off had been an overreaction. The energy-heavy Thai stock market started the week strongly in anticipation of good news from Opec, and offshore fund inflows helped to limit losses later.

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BUSINESS

Nok Air shares gobbled up

Business, Boonsong Kositchotethana, Published on 27/05/2017

» Nok Air confirmed yesterday that almost 82% of its new share offering was taken up despite the refusal of Thai Airways International (THAI) to exercise its subscription rights.

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BUSINESS

Crowded skies leave airlines bustling

Business, Boonsong Kositchotethana, Published on 12/05/2017

» Thailand's domestic air traffic market has nearly reached saturation point, with very little room left for further expansion by airlines, according to the industry.

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THAILAND

Nok Air seeks B1.5bn capital injection

Business, Boonsong Kositchotethana, Published on 24/04/2017

» Nok Air has received shareholder approval to raise 1.5 billion baht in fresh capital to support its revival efforts.