national airline

  • World News

    Singapore Airlines launches 60 minute A380 flights

    It’s designed to ferry lots of people long distances, in an ultra-quiet flying experience. So flyers would be used to flying the huge Airbus A380 from LA to London, Bahrain to Frankfurt, Melbourne to Hong Kong. The massive super jumbo airliner wasn’t designed for a short 1 hour hop. But that’s exactly what Singapore Airlines have planned now they’re getting…

  • Business News

    Thai Airways’ creditors to vote on rehab plan today

    Today is D-Day for Thai Airways, with 13,000 creditors voting on whether or not to accept the struggling airline’s rehabilitation plan. According to a Bangkok Post report, a source at the airline has warned that should creditors reject the plan, the carrier will be declared bankrupt and they would only receive 12.9% of what they’re owed. In the event of…

  • Transport News

    Thai Airways cuts another 4,250 staff, offering them early retirement

    4,250 Thai Airways employees have been pushed into an early retirement after failing a screening process for remaining employees. The process was a necessary result of the national airlines’ dire financial situation and current debt restructuring program. Remaining staff are being forced into new, leaner contacts. The 13,554 remaining Thai Airways staff went through the screening program. 9,304 passed, according…

  • Food

    Thai Airways food landing in 7-Eleven next month

    Warning. Some low-altitude turbulence is coming to a 7-Eleven near you. Thai Airways has cooked up a new money-making scheme during Covid-19 to sell its airline food in 7-Eleven. Set to take off on April 15, the mostly grounded and indebted airline will attempt to offset its losses during the pandemic by selling food in the ubiquitous convenience store and…

  • Transport News

    Thai Airways challenging claims of over US$7 billion from leasing companies and Rolls Royce

    Thai Airways is questioning claims from the lessors of some of its aircraft and Rolls-Royce, who service some of their aircraft engines. The airline is currently in the middle of lengthy bankruptcy proceedings as the court wades through thousands of creditor claims. The lessor and maintenance claims total over $US$7 billion. Thai Airways says that it’s not liable for the…

  • Tourism News

    Nearly 5,000 Thai Airways staff to deplane in voluntary resignations

    Officially, 4,977 staff at Thai Airways have applied for different stages of its Mutual Separation Plan for the survival of the airline. In other words they’ve been politely asked to resign. The airline employs about 20,000 people. The beleaguered national carrier has endured a decade of substantial losses, endless headlines about systemic corruption, padded senior staff contracts and executive perks.…

  • Thailand News

    Flights to nowhere. The latest ‘cunning plan’ by Thai Airways

    Sort of counter-intuitive, but you get on a plane, take off, and land at the same airport. Not usually the way it’s meant to work, but that’s the latest brain child of the Thai Airways management, via their budget Thai Smile brand, who are already back in the air. The idea is to offer people who have missed the experience…

  • Thailand News

    Thailand News Today | Visa amnesty, sealing Burmese border, Thai airways creditors | September 24

    Latest update for September 26 deadline of visa amnesty. Deadline set for THAI creditors A date has now been set for creditors to recover their money from Thai Airways. Applications for debt repayment through corporate bonds started yesterday. Applications filed by private individuals are being received at the Securities and Exchange Commission office in Bangkok. The deadline for applications is…

  • World News

    EU temporarily bans flights from Pakistan International Airlines

    The European Union Aviation Safety Agency has announced today that Pakistan International Airlines would not be allowed to fly to Europe for at least six months after the country ‘s aviation minister revealed that nearly a third of Pakistani pilots had cheated during their pilot tests. Pakistan International Airlines spokesperson Abdullah Hafeez said that because of the pandemic, PIA has…

  • Business News

    Thai Airways staff balk at cuts in perks and benefits

      The Labour Ministry will invite the management of Thai Airways International for talks over a complaint submitted on Friday to the ministry by the airline’s labour union over unreasonable cuts in work benefits, especially healthcare welfare. Nares Puengyaem, the president of Thai Airway’s labour union, together with two representatives of State Enterprises Workers’ Relations Confederation , yesterday submitted to…

  • Tourism News

    Thai Airways pushes back resumption of international services to August

    Thai Airways, with more problems than most airlines at the moment, has pushed back its resumption of international services from the start of July to August. Maybe the flight schedulers know something the rest of us don’t….? The Civil Aviation Authority of Thailand has pushed back the resumption of international flights twice already. The current ban will finish on June…

  • Transport News

    Thai Airways ponders bankruptcy as it enters rehab

    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. As the airline contemplates getting its grounded planes back in the air, it’s now confronted with a PR disaster at home as the government ponders a bailout valued around 60 billion baht, around US$1.8…

  • Transport News

    Thai public balks at Thai Airways’ 60 billion bail out

    A big decision is on the horizon for Thai Airways, the beleaguered national carrier. Crucial decisions are now being discussed which will define the airlines’ future. The airline was still haemorrhaging cash well before the coronavirus crisis started grounding planes from the start of February this year. Thai Airways’ fortunes have been in a death spiral for the past decade,…

  • Pattaya News

    Airbus pulls the plug on the joint Thai Airways’ maintenance facility at U-Tapao

    Airbus, the European multinational aircraft manufacturer, has pulled the plug on an 11 billion baht joint venture with Thai Airways. The project was to develop a maintenance, repair and overhaul facility at the U-Tapao Airport in Rayong province. The airport also serves the seaside resort of Pattaya. The pull out is a huge blow to the Thai Government’s much hyped…

  • Transport News

    Deputy transport minister says Thai Airways must increase revenue, cut costs

    Thai Airways International is in the process of slashing costs and restructuring. Deputy Transport Minister Thaworn Senneam discussed Thailand’s open sky policy and stressed the importance of increasing revenue and reducing expenditure to turn the airline around and make it sustainable. Thaworn, along with the assistant secretary at the Ministry of Transport and other officials visited Thai Airways’ HQ to…

  • Business News

    Thai Airways says it won’t get into a price-war with other airlines

    PHOTO: YouTube National carrier Thai Airways says it won’t head down the ‘price-cutting’ route to be competitive in 2020. The struggling airline says, instead, they will focus on building a solid customer base and tap specific route segments. Airline president Sumeth Damrongchaitham says the carrier will continue to recruit stronger marketing partners and estimated that the aviation industry would continue…

  • Transport News

    Thai Airways’ losses reach 11 billion baht this year

    Thai Airways International has announced the turnover of the company and its affiliates for Q3 of 2019, reporting net losses of 4.68 billion baht, a full 27% higher than last year’s result, an additional loss of 994 million baht. In the third quarter of 2019, the company and its affiliates generated revenue of 45.016 billion baht, which is 6.1% or…

  • Transport News

    Thai Airways management ‘asked’, staff ‘told’, to cut expenses

    PHOTO: Both management and staff likely to lose some entitlements under new policy to reduce costs In a move that will likely contribute little to the airline’s rehabilitation, Thai Airways is trying to reduce expenditures on staff travel. Meanwhile the airlines’ management is being ‘asked’ to reduce some of their expenses. The moves are part of a range of new…

  • Business News

    “No liquidity crunch” – Thai Airways’ President

    PHOTO: Sumeth Damrongchaitham, Thai Airways’ President “Deputy PM says the rehabilitation plan had been implemented for a while now, but there was still no sign of the losses easing.” The President of national flagship carrier Thai Airways International is denying reports that it is experiencing a liquidity crunch. Sumeth Damrongchaitham claims that Thai Airways has sufficient cash flow “for present…

  • Transport News

    Thai Airways to take six months to review purchase of new planes

    “The airline has also been hesitant to address its middle management glut, long-term and uncompetitive employment contracts and accusations of nepotism in senior management.” Thai Airways says it’s going to review its planned fleet-expansion plans to buy 38 new planes. Officially, they’re saying they’re “considering funding sources” and claim the review will take six months. Nearly two years ago they announced…

  • Transport News

    Former finance minister says government shouldn’t bail out Thai Airways

    Former Thai Finance Minister and current Democrat list MP Korn Chatikavanich is voicing his concerns over the financial crisis gripping Thai Airways and objects to any plan to use taxpayer money to rescue the ailing legacy airline. Korn says Thai Airways’ financial current troubles are similar to the situation in 2008, when the company struggled to find money to repay…

  • Transport News

    Thai Airways needs restructuring to survive

    Store your tray table and buckle up. It’s going to be a bumpy ride at Thai Airways. The airline’s president Sumeth Damrongchaitham say Thai Airways needs complete restructuring if it is to survive in the highly competitive aviation business. Sumeth said that under the restructuring, Thai Airways will focus more on the international market and link up with other members…

  • Thailand News

    Thai Airways’ profits dive 83% year-on-year

    Thai Airways has had an 83% dive in profits for the first quarter of 2019. The Q1 balance sheet came out yesterday. The airline’s management is blaming the high baht, the ongoing US-China trade wars and the closure of Pakastani airspace (forcing rerouting of its Eurpean flights), for the drop. • Net profit of 456 million baht, down from a…

  • Business News

    Thai Airways doubles up on 2017 losses

    Thai Airways has doubled up on losses for the past three months (Q3), compared to the same period last year. They’ve reported an operating loss of 3.69 billion baht, up 103% year-on-year. The total revenue was actually up 2.2%, according to a statement from the Thai Airways president, Sumeth Damrongchaitham, but the operating costs were up 1.87 billion baht, compared…