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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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THAILAND

THAI takes revenue hit from fuel

Business, Amornrat Mahitthirook, Published on 16/05/2017

» Thai Airways International Plc (THAI) remains upbeat about its full-year revenue growth target of 5-10% despite a 47.3% drop in net profit in the first quarter amid fierce competition and fuel price hikes.

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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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THAILAND

THAI enters new phase after period of cost cutting

Business, Amornrat Mahitthirook, Published on 24/09/2016

» A new route plan for Thai International Airways (THAI) will take about six months from October, says president Charamporn Jotikasthira.

BUSINESS

Study urged on value of World Expo

Business, Amornrat Mahitthirook, Published on 14/02/2013

» Niwatthamrong Bunsongphaisan, a PM's Office minister, has insisted an in-depth study is still needed to consider whether Thailand's ambitious plan to host the World Expo 2020 is worth the investment.

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BUSINESS

All systems go on Don Mueang's first day

Business, Amornrat Mahitthirook, Published on 02/10/2012

» Air traffic and airlines operating at Don Mueang saw smooth operations on its grand reopening after the airport was closed for massive renovations due to last year's floods.