Showing 1-10 of 85 results
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Govt to recapitalise Thai Airways with B10bn
News, Wichit Chantanusornsiri, Published on 28/10/2022
» The government will need to raise 10 billion baht to recapitalise financially ailing Thai Airways International (THAI) to keep its shareholding in the company from dipping below 40%, according to the State Enterprise Policy Office (Sepo).
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Govt to inject another B10bn into THAI
Wichit Chantanusornsiri, Published on 27/10/2022
» The Finance Ministry plans to inject 10 billion baht into Thai Airways International to keep its shareholding from dipping below 40%, according to the State Enterprise Policy Office (Sepo).
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GSB ready to assist THAI, Oil Fuel Fund
Business, Wichit Chantanusornsiri, Published on 24/05/2022
» The Government Savings Bank (GSB) stands ready to extend loans to Thai Airways International (THAI) and the Oil Fuel Fund to boost their liquidity if the government adopts a policy for it to do so, said GSB chairman Prapas Kong-Ied.
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Diesel excise tax cut up in the air
Business, Wichit Chantanusornsiri, Published on 18/11/2021
» The Finance Ministry has yet to consider cutting the diesel excise tax and will continue to use the Oil Fund to stabilise the retail diesel price, said Finance Minister Arkhom Termpittayapaisith.
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THAI seeks B25bn loan, expands cargo flights by 30 routes
News, Wichit Chantanusornsiri, Published on 12/11/2021
» Thai Airways International (THAI) is expected to seek 25 billion baht in loans to boost its financial liquidity as the airline expands its cargo flight services to a further 30 routes from now until March next year.
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THAI creditors approve debt restructuring plan
News, Wichit Chantanusornsiri, Published on 20/05/2021
» Thai Airways International's (THAI) creditors on Wednesday formally approved the airline's debt rehabilitation plan which emphasises the state's role in helping the struggling flag carrier access fresh cash injections.
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State 'not obliged to save THAI'
News, Wichit Chantanusornsiri, Published on 17/05/2021
» There is no commitment to a state bailout in Thai Airways International Plc's (THAI) debt rehabilitation plan, according to a source close to people conducting the process.
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Creditors vote Wednesday on THAI rehab plan
News, Wichit Chantanusornsiri, Published on 12/05/2021
» If Thai Airways International Plc (THAI) were to go under on decision day, which is Wednesday, creditors would only be paid 12.9% of what is owed to them, a source at the airline warned.
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Govt 'won't back' billion-baht THAI cash injection
News, Wichit Chantanusornsiri, Published on 10/05/2021
» The Finance Ministry will not recapitalise financially troubled Thai Airways (THAI) of which it is the biggest shareholder, the State Enterprise Policy Office (SEPO) chief said.
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THAI's state status is 'up to creditors'
News, Wichit Chantanusornsiri, Published on 24/04/2021
» Whether the state enterprise status of Thai Airways International Plc (THAI) will be returned depends on creditors, Finance Minister Arkhom Termpittayapaisith said on Friday.
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