Showing 11 - 20 of 46
Thai Airways debt revamp plan gets support from finmin
Bloomberg News, Published on 03/03/2021
» The Finance Ministry, the largest shareholder of Thai Airways International Plc, signalled its support for a restructuring plan that includes raising fresh capital, a temporary freeze on repayment of borrowings and slashing its workforce by half to return the debt-ridden airline to profit.
THAI posts record B141bn loss
Bloomberg News, Published on 25/02/2021
» Thai Airways International, the flag carrier in the middle of a debt restructuring, reported a record loss last year after the coronavirus outbreak ground most of its services to a halt.
Nok Air gets green light to restructure debt
Bloomberg News, Published on 04/11/2020
» Thai budget carrier Nok Airlines Plc obtained court approval to proceed with a debt rehabilitation plan as it weathers a slump in passenger demand due to the coronavirus pandemic.
Thai Airways gets court approval for debt restructuring plan
Bloomberg News, Published on 14/09/2020
» Thai Airways International Plc, the nation’s flagship carrier, got court approval for its debt restructuring on Monday.
Long-stay visits possible this winter
Bloomberg News, Published on 29/08/2020
» Authorities are finalising a plan that would make it possible for retired, sun-seeking foreigners to spend the coming winter months in Thailand in an effort to save the ailing tourism industry, says a prominent hospital executive.
Cabinet approves B290bn upgrade for U-Tapao airport
Bloomberg News, Published on 02/06/2020
» The Cabinet on Tuesday approved a bid by a consortium led by BTS Group Holdings Plc for an airport development project worth 290 billion baht.
Thai Airways steps closer to restructuring in bankruptcy court
Bloomberg News, Published on 18/05/2020
» Thai Airways International Plc is a step closer to restructuring via a bankruptcy court after a key government panel backed the plan, which is due for consideration by the Cabinet on Tuesday.
Qantas world’s safest airline, Garuda most punctual
Bloomberg News, Published on 03/01/2020
» The world’s safest and most punctual airlines are in the Asia-Pacific region, according to surveys.
Cambodia warns of coup as neighbours detain exiles
Bloomberg News, Published on 07/11/2019
» SINGAPORE: Cambodia has sent troops to its border and called on neighbouring countries to arrest exiled dissidents after accusing them of plotting a coup as the European Union reviews trade privileges that are essential to the economy.
Grab said to be eyeing Bangkok-based startup
Bloomberg News, Published on 13/06/2019
» Singapore ride-hailing giant Grab held talks to acquire payments provider 2C2P Pte and was turned down, according to people familiar with the matter, a sign of the ambitions Southeast Asia’s most valuable startup has in financial services.