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THAILAND

THAI plans B156bn swoop

News, Thodsapol Hongtong, Published on 08/05/2019

» Thai Airways International Plc (THAI) will seek cabinet approval this month to buy or lease 38 new planes at an estimated cost of 156 billion baht, with 31 aircraft to be procured over the next five years.

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THAILAND

THAI to submit B156bn new plane purchase plan to cabinet

Thodsapol Hongtong, Published on 07/05/2019

» Thai Airways International (THAI) will seek cabinet approval this month to buy or lease 38 new planes at an estimated cost of 156 billion baht, with 31 planes to be procured over the next five years.

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BUSINESS

Govt mulls city transit splurge

News, Thodsapol Hongtong, Published on 08/04/2019

» The Japan International Cooperation Agency (Jica) has proposed Thailand invest in the construction of three mass transit routes worth 100 billion baht to ease congestion and accommodate growth in and around Bangkok.

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BUSINESS

Nok Air cash flow, debt alarms CAAT

News, Thodsapol Hongtong, Published on 04/04/2019

» The Transport Ministry is keeping a close eye on troubled budget carrier Nok Air after a "worrying" sign on its balance sheet was detected, according to the Civil Aviation Authority of Thailand (CAAT).

THAILAND

SRT, CP race to ink rail deal

News, Thodsapol Hongtong, Published on 03/04/2019

» The contract signing for the high-speed rail project linking three major airports is expected to take place by the end of May before a change of government, a source at the State Railway of Thailand (SRT) said.

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THAILAND

SRT ramps up efforts to lease its land

News, Thodsapol Hongtong, Published on 31/03/2019

» The debt-ridden State Railway of Thailand (SRT) is ramping up efforts to lease its three prime land plots in Bangkok to be used for a 400 billion-baht commercial development project in a bid to bolster revenues.

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THAILAND

Plan to construct own trains in Northeast gathers steam

News, Thodsapol Hongtong, Published on 27/03/2019

» The Transport Ministry is planning to set up train assembly plants in the Northeast to ease Thailand's heavy dependence on train imports in a move to slash government spending on new rolling stock 10-fold.

THAILAND

U-Tapao bidders revealed

News, Thodsapol Hongtong, Published on 22/03/2019

» Three consortiums have submitted their bids to develop U-Tapao airport and the Eastern Airport City Project, a source said on Thursday.

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THAILAND

Airport rail pact 'needs fine-tuning'

News, Thodsapol Hongtong, Published on 20/03/2019

» Contractual negotiations on a high-speed rail project linking three major airports between the State Railway of Thailand (SRT) and a CP-led consortium have become less tense after CP settled for a 50-year contract.

BUSINESS

Airport rail decision due on March 19

News, Thodsapol Hongtong, Published on 09/03/2019

» Talks between the State Railway of Thailand (SRT) and Charoen Pokphand Group (CP Group) on March 19 will decide whether the consortium will develop a high-speed rail project linking three major airports, Deputy Transport Minister Pailin Chuchottaworn said.