The Sri Lanka prime minister told the nation to prepare for “a difficult and bitter journey” as he declared the country bankrupt and prepared to approach...
After news that the bankrupt airline was planning to buy 20 to 30 more passenger jets in 2025, the Thai Airways International acting president says "no,"...
https://youtu.be/FYGD4vFrGII Interview with Bill Barnett from c9Hotelworks. Phuket has now been hit with a 3rd major crisis, each one more profound than the long-term effects from...
https://youtu.be/Jl_JC-8bB5o Due to the current outbreak of Covid-19, Thai Airways, Thailand’s flagship airline, is reducing its international flight schedule until at least March 27. A limited...
20 people are suspected of corruption and mismanagement within the national airline that led to massive losses for Thai Airways International. The news, announced by police...
In its latest move to generate just a little more cash in the midst of bankruptcy, cash-strapped Thai Airways is leasing out its office buildings and...
UPDATE: Trading in Thai Airways shares was suspended by the Stock Exchange of Thailand this afternoon after auditors declined to sign off on its financial statements...
Embattled, bankrupt Thai Airways suffered about 28 billion baht in losses for the first 6 months of this year, mainly attributable to the Covid-19 pandemic, which...
Thai Airways has arranged 2 repatriation flights to Taipei and 2 to Copenhagen this month, to bring back foreign nationals who were stranded by the Covid-19...
Malaysia's budget airline AirAsia could become the next casualty of the Covid19 pandemic, which has grounded fleets around the world and already forced the demise of...
The economic devastation of the Covid-19 pandemic on Thailand's tourism and hospitality sectors has been inestimable, with foreign arrivals banned since March and hotels nationwide ordered...
"THAI will stop repaying all debt and start from scratch." The government announced today that Thai Airways will have to dismiss more than 6,000 employees after...
Thai Airways, which turns 60 years old this month, recorded a net loss of US$66 million in 2017, US$361 million in 2018 and US$374 million last year....
The president of Thai Airways has announced that the national flag carrier is in deep financial trouble and may have to fold unless staff members unite...
"These insolvency proceedings do not involve the continental and Nordic businesses." The UK Thomas Cook businesses are now under the control of the official receiver who...
