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Search Result for “recapitalisation”

Showing 1 - 8 of 8

THAILAND

Future's bright as THAI rebounds

News, Kamolwat Praprutitum, Published on 01/01/2023

» The aviation business was plunged into an unimaginable depth of despair during the more than two years of the Covid-19 pandemic, which has also set a new rule for the industry: shape up or ship out.

OPINION

So we're paying for THAI?

News, Postbag, Published on 27/11/2022

» Re: "THAI to borrow less amid recovery," (BP, Nov 24).

BUSINESS

Thai Airways to borrow less amid recovery

News, Post Reporters, Published on 24/11/2022

» Thai Airways International (THAI) requires only half the money which it initially estimated would be needed for recapitalisation, given its consistently positive performance, a high-level meeting was told.

BUSINESS

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).

THAILAND

THAI's new rehab plan gets court nod

News, Post Reporters, Published on 21/10/2022

» The Central Bankruptcy Court has approved Thai Airways International's (THAI) revised business reorganisation plan, setting in motion its full financial restructuring process, according to a high-ranking source in the company.

BUSINESS

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.

OPINION

THAI should go it alone

News, Editorial, Published on 20/04/2020

» With a joint panel between the finance and transport ministries expected to finalise a rescue plan for the ailing Thai Airways International Plc (THAI) this week, it's time to make a decision as to whether the national flag carrier should retain its state enterprise status.

BUSINESS

Thai Airways to cut salaries of employees

News, Post Reporters, Published on 03/04/2020

» Starting Saturday, employees of Thai Airways International (THAI) will cease work and take a pay cut, according to the national carrier.