Showing 1-10 of 31 results
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Thaworn 'confident' in Thai Airways' rehab plan
News, Thodsapol Hongtong, Published on 02/08/2019
» Deputy Transport Minister Thaworn Senneam has expressed confidence that loss-ridden Thai Airways International (THAI) will be able to stage a turnaround and start making profits within three years.
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Thai Airways at crisis point, president says
Thodsapol Hongtong, Published on 22/10/2019
» Thai Airways International (THAI) president Sumeth Damrongchaitham said on Tuesday that staff must cooperate with the airline's rehabilitation efforts because it is in a crisis and faces possible closure.
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Saksayam mulls Thai Airways board change
News, Thodsapol Hongtong, Published on 06/09/2019
» The board of directors of Thai Airways International Plc (THAI) may be replaced due to apparent underperformance, which has been blamed for the national carrier's accumulated loss of 13.5 billion baht over the past year, Transport Minister Saksayam Chidchob hinted on Thursday.
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State Audit Office begins Thai Airways operations audit
News, Thodsapol Hongtong, Published on 16/08/2019
» The State Audit Office (SAO) will begin auditing Thai Airways International's (THAI) balance sheet and financial statements and review the board's transparency in operating the flag carrier on Friday, the government says.
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THAI may turn to leasing planes
Thodsapol Hongtong, Published on 27/09/2019
» Thai Airways International (THAI) will revise its plan to procure 38 planes after its board shot down a proposal to buy them, and leasing is now an option, according to its president.
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THAI hopes to pare losses to B2.2 billion
News, Thodsapol Hongtong, Published on 13/11/2019
» Thai Airways International Plc (THAI) is expected to post a loss of around 2.2 billion baht this year, significantly less than its initially projected 10 billion baht in losses, according to Sumeth Damrongchaitham.
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THAI reports B10.9bn net loss for Jan-Sept
Thodsapol Hongtong, Published on 15/11/2019
» Thai Airways International and its subsidiaries reported a 4.68-billion-baht net loss in the third quarter of this year and 10.91-billion-baht net loss for the first nine months, THAI president Sumeth Damrongchaitham said on Friday.
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THAI execs asked to agree to pay cuts
Thodsapol Hongtong, Published on 19/08/2019
» The Thai Airways International president has asked senior executives to agree to a cut in their salaries and meeting allowances to help the airline survive a financial crisis.
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THAI told to revamp rehab plan
News, Thodsapol Hongtong, Published on 11/10/2019
» Deputy Transport Minister Thaworn Senneam has ordered loss-ridden national flag carrier Thai Airways International (THAI) to overhaul its financial rehabilitation plan and draw up a new business plan within 30 days.
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THAI Smile hopes restructuring will close yawning losses
Thodsapol Hongtong, Published on 08/05/2019
» THAI Smile Airways' chairman of the board is confident the airline's performance will improve after a restructuring plan aimed at cutting costs and boosting efficiency.
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