Showing 1-10 of 16 results
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Airlines' losses widen on weak tourism, strong baht
Published on 14/08/2019
» Bangkok Airways and smaller Thai carriers have reported surging second-quarter losses as they reeled from a decline in Chinese tourists and a strengthening baht currency.
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Thai airlines 'damaged by open skies'
Business, Boonsong Kositchotethana, Published on 27/10/2015
» Thailand's open-skies policy is so liberal that foreign airlines are exploiting it to the disadvantage of Thai carriers, claims one airline boss.
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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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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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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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China joins chorus of dissenters banning flights
Business, Boonsong Kositchotethana, Published on 31/03/2015
» The sense of mistrust over Thailand's aviation safety standards is spreading internationally, clipping the wings of Thai-registered carriers.
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Terror in Spain, turmoil in Washington dent stocks
Business, Nuntawun Polkuamdee, Published on 21/08/2017
» Recap: US political instability and a terrorist attack in Spain put pressure on global stock markets, with Wall Street hitting a three-month low and European and Asian bourses also sinking, though Thailand managed a small gain.
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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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Nok Air to see overhaul
Business, Boonsong Kositchotethana, Published on 19/09/2017
» Nok Air's new supremo says his task is to stop losses at the cash-strapped budget airline and turn its business around in no time.
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Nok Air shedding costs, aircraft capacity
Business, Boonsong Kositchotethana, Published on 07/03/2017
» Nok Air is embarking on a business recovery plan, but the struggling budget airline's boss says it's a non-starter to expect the company to find its way out of deep financial woes anytime soon.
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