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BUSINESS

THAI wary of Nok Air shares float

Business, Amornrat Mahitthirook, Published on 24/05/2017

» Thai Airways International (THAI) Plc has backed away from buying new shares raised by its affiliate Nok Air to increase its capital because the loss-making budget carrier's rehabilitation plan remains unclear and its chief executive must be replaced, says a source at the flag carrier.

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BUSINESS

THAI returns to profit in 2016

Amornrat Mahitthirook, Published on 28/02/2017

» Thai Airways International (THAI) turned a profit in 2016, an improvement from a big loss in the previous year.

BUSINESS

Selection of new Thai Airways president risks being derailed

News, Amornrat Mahitthirook, Published on 24/12/2016

» The process of selecting the new president of Thai Airways International Plc (THAI) could be scrapped as four out of the nine candidates are unlikely to meet the required qualifications, according to a source at the airline.

BUSINESS

Thai Smile set to move operations to Suvarnabhumi

News, Amornrat Mahitthirook, Published on 24/12/2016

» Thai Smile Airways will, from the middle of next month, vacate Don Mueang airport and operate its flights at Suvarnabhumi airport in a move to increase overseas trips and make full use of its planes.

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BUSINESS

Ogres take to the skies

Amornrat Mahitthirook, Published on 06/10/2016

» Tourism-promoting ogre characters have taken to the skies to not only encourage Thai people to tour their motherland but also inspire foreigners to visit the country.

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BUSINESS

Suvarnabhumi expects bids by October

Business, Amornrat Mahitthirook, Published on 15/09/2016

» The long-awaited expansion of Suvarnabhumi airport is slated to have an auction for contractors in October, with construction starting by February, says president Nitinai Sirismatthakarn of the state-controlled Airports of Thailand (AoT).

BUSINESS

THAI's MRO investment plan makes headway

Business, Amornrat Mahitthirook, Published on 17/09/2016

» Thai Airways International (THAI) expects to finalise the investment plan for its new maintenance, repair and overhaul (MRO) business in the next few months, says chairman Areephong Bhoocha-oom.

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BUSINESS

BEM posts strong merger-driven profit

Amornrat Mahitthirook, Published on 11/08/2016

» BEM, a subsidiary of construction giant Ch Karnchang Plc, reported a net profit of 1.21 billion baht in the first half of 2016, up by 12.3% year-on-year on rising income and tax benefits.

BUSINESS

Somkid sets cut-off to develop rail land

News, Amornrat Mahitthirook, Published on 16/07/2016

» Deputy Prime Minister Somkid Jatusripitak has demanded the Transport Ministry finish drawing up plans to commercially develop areas around four railway projects within one month.

BUSINESS

Delays as air traffic system deployed

News, Amornrat Mahitthirook, Published on 01/04/2016

» At least 130 flights in and out of Suvarnabhumi and Don Mueang airports were delayed yesterday morning following the switch of the air traffic management system from a ground-based system to a satellite-based one.