Thai Airways
- Thailand News
Thai Airways secures 44 billion baht in share rights offering
The Government of Thailand announced plans to increase its investment in Thai Airways International (THAI) without reinstating the airline as a state enterprise. This decision was confirmed during a Cabinet meeting in Chiang Mai, where Finance Minister Pichai Chunhavajira provided updates on the airline’s debt restructuring efforts. During the meeting, it was revealed that THAI anticipates raising approximately 44 billion…
- Thailand News
Thai Airways gets a financial lift-off with ministry’s capital boost
The Ministry of Finance is set to propose a capital injection for Thai Airways International to the Cabinet next week. This move is designed to ensure the airline’s recovery while keeping the ministry’s shareholding below 50%, preventing a reversion to state enterprise status, as confirmed by Tibordee Wattanakul, Director-General of the State Enterprise Policy Office. This financial boost is part…
- Thailand News
THAI to fly wide-body jets on domestic routes this December
In a move that’s sure to delight frequent flyers, Thai Airways (THAI) revealed plans to swap its trusty A320s for luxurious wide-bodied aircraft on select domestic routes this December, just in time for the peak holiday season. The airline is ramping up capacity to accommodate the soaring demand during the Christmas-to-new year rush, from December 20 to 31. While official…
- Business News
Thai Airways cash turbulence: Will shareholders give a capital lift-off?
In a dramatic twist, shareholders of Thai Airways International (THAI) are in a heated debate over whether to pump more cash into the airline, despite its recent financial turnaround. With a shiny rehabilitation plan in place, which includes a bold proposal for capital injection, the airline’s comeback story is under the microscope. Central to this saga is the question of…
- Business News
Thai Airways plans rehabilitation exit by mid-2025, banks to benefit
Creditors of Thai Airways International (THAI), particularly Bangkok Bank (BBL) and Krungthai Bank (KTB), are set to benefit from the airline’s planned exit from its rehabilitation scheme by mid-2025. The banks are being provided with several options for debt repayment, according to analysts. In recent reports submitted to the Stock Exchange of Thailand (SET) and the Securities and Exchange Commission,…
- Thailand News
Thai Airways soars with ‘plane’-tastic gourmet menus for all classes
Thai Airways (THAI) is taking in-flight dining to new heights, literally. The airline has rolled out premium menus across all cabin classes, offering a luxurious yet culturally immersive experience. With European routes booming at an 80% load factor, Thai Airways has decided to up the ante on its service offerings. In First Class, passengers can indulge in Italian caviar sourced…
- Business News
Thai Airways’ growth strategy takes off
Thai Airways International (THAI) is set to transform some of its business units into subsidiaries as part of its growth strategy. Chai Eamsiri, THAI President, announced the plan, emphasising the potential for various business units to operate independently. Chai highlighted the initial focus on the aircraft maintenance and catering divisions, which boast an estimated average profit margin of nearly 20%…
- Thailand News
Thai Airways to issue new shares worth 42 billion baht
Thai Airways International Plc (THAI) is set to issue new shares valued at a minimum of 42 billion baht by December, marking a significant move towards concluding its court-monitored debt restructuring and resuming trading on the Stock Exchange of Thailand (SET). The national airline plans to offer 6.81 billion new shares to creditors as part of a debt-to-equity swap, as…
- Tourism News
Thai Airways partners with Gulf Air, adding six new destinations
Thai Airways International (THAI) anticipates a boost in revenue following the enhancement of its code-sharing agreement with Gulf Air. THAI announced the expansion of its partnership with Gulf Air yesterday, September 29, to include new destinations: Cairo, Kuwait City, Amman, Casablanca, Athens, and Manchester. This agreement took effect immediately. Previously, the collaboration between the two airlines was limited to routes…
- Thailand News
Thai Airways to take off from India’s Gaya Airport in October
India’s Gaya International Airport is gearing up for a major transformation as international flight operations kick off on October 10, with Thai Airways (THAI) taking the lead. The boom is expected right after the conclusion of Pitru Paksha, a key period in Hindu traditions. The Gaya Airport Authority has officially unveiled the flight schedule, THAI’s take-off on October 10 will…
- Thailand News
Thai Airways’ Airbus A350s remain unaffected by engine issues
Thai Airways International (THAI) continues to operate its fleet of Airbus A350s without any detected engine issues, affirmed THAI President Chai Eamsiri. This statement follows the disruption experienced by Cathay Pacific due to faulty engines on the same aircraft model. Chai confirmed that THAI’s Airbus A350s undergo regular inspections and maintenance, ensuring the fleet’s smooth operation. “No faulty engine has…
- Thailand News
Thai airlines gear up for massive fleet expansions
Thailand’s airlines are preparing for a massive fleet expansion as the global aviation industry rebounds at full throttle after the Covid-19 pandemic. With air travel poised to double by 2043, as predicted by the International Air Transport Association (IATA), Thai carriers are seizing the opportunity to dominate the skies. Thai Airways International (THAI), the country’s national airline, is leading the…
- Thailand News
Thai Airways extends lifesaving engine contract with GE Aerospace
Thai Airways (THAI) has just inked a six-year extension with GE Aerospace for their TrueChoice service, ensuring the top-notch maintenance, repair, and overhaul of its GE90 engine-powered Boeing 777 fleet. Russell Stokes, President and CEO of Commercial Engines and Services for GE Aerospace, stated that GE Aerospace is honoured that THAI continues to select us to keep its GE90 fleet…
- Transport News
Thai Airways ranks eighth among world’s top ten airlines
Thai Airways secured a spot among the top ten international airlines in the world, as ranked by Travel & Leisure for 2024. The award, announced today, July 18, places Thai Airways at No.8 on the prestigious list. Travel & Leisure’s World’s Best Awards 2024 surveyed opinions from travellers, tourists, and business people worldwide. This comprehensive survey evaluated excellence in various…
- Thailand News
New Thai Airways deal supercharges UK-Asia courier service
Heathrow Airport’s only on-site express courier handler, CFL, inked a three-year deal with Thai Airways (THAI), boosting courier capacity between the UK and the Asia Pacific (APAC) region. CFL Chief Executive Matthew Ware expressed his excitement. “We are delighted to formalise this important partnership with THAI. Exporting is vital for the UK economy, and this deal will give UK businesses…
- Thailand News
Thai Airways launches new routes to Milan and Oslo
Thai Airways International Public Co., Ltd. announced the inauguration of two new flight routes to Milan, Italy, and Oslo, Norway, starting tomorrow. The launch ceremony took place at Suvarnabhumi International Airport’s departure hall. Chairman of the Rehabilitation Plan Executive Committee of Thai Airways, Piyasawat Amranand, revealed that the airline resumed flights to these European destinations, aiming to accommodate increasing passenger…
- Thailand News
Thai Airways signs codeshare agreement with Kuwait Airways
Thai Airways International Public Company Limited (THAI) and Kuwait Airways (KAC) unveiled an exciting new codeshare agreement, set to revolutionise travel between Asia, the Middle East, and Europe. Under this partnership, THAI will utilise the KAC code on flights connecting Kuwait City with Bangkok, as well as European hotspots like Rome and Athens. KAC will place its code on THAI…
- Thailand News
Thai Airways resumes daily Brussels-Bangkok route
Starting December 1, Thai Airways (THAI) will resume its daily direct passenger flights between Brussels Airport and Bangkok. This eagerly awaited route, which was suspended during the Covid-19 pandemic, significantly enhances Brussels Airport’s intercontinental offerings. After a four-year hiatus, Brussels Airport is thrilled to welcome back THAI, a former member of its prestigious airline community. The airline has once again…
- Thailand News
Thai Airways airbus to retrofit A320s with reclining seats
In a groundbreaking move for aviation luxury in the Asia-Pacific region, Airbus has inked a deal with Thai Airways International Public Company Limited (THAI) to retrofit its fleet of 20 A320ceo aircraft with premium reclining business class seats. This marks Airbus’ first-ever cabin retrofit for a single-aisle fleet in this part of the world. This initiative is part of THAI’s broader…
- Thailand News
THAI set for shock stock market comeback: PM Srettha
Prime Minister Srettha Thavisin ordered from the Finance Ministry an expedited rehabilitation plan for Thai Airways International Plc (THAI) to see the national carrier relisted on the Stock Exchange of Thailand (SET) by the end of this year, according to a ministry insider. Originally slated for a stock market return in April or May next year, THAI’s accelerated timeline is…
- Thailand News
Thai Airways’ sky-high comeback from bankruptcy brink
Thai Airways International revealed its anticipated completion of its ongoing restructuring saga, set to wrap up later this year, marking a remarkable turnaround since the tumultuous onset of the Covid-19 crisis in 2020. The Bangkok-based airline, ravaged by the pandemic’s economic fallout, embarked on this arduous journey to rein in its debts and reinvent its operational strategies amidst plummeting air…
- Thailand News
Thai Airways turbulence: Passenger’s business-class fiasco
Thai Airways faced public criticism when a passenger expressed frustration on social media after experiencing subpar service on a business-class flight. Despite purchasing expensive tickets for himself and his clients to Beijing, he encountered malfunctioning seats that would neither recline nor convert into beds. The airline’s attempt to compensate with a modest sum of 5,500 baht was refused by Treerat Sirichantaropas,…
- Thailand News
Thai Airways takes off on an Airbus A380 farewell flight
Amidst a pandemic–induced slump, Thai Airways decided to bid farewell to its Airbus A380 fleet, spelling the end of an era in the skies. According to a report by Aerotime Hub, the Thai flag carrier is offering its superjumbos to the highest bidder until September 12, marking a conclusion to their service. Remaining grounded since the early days of the…
- Thailand News
Thai Airways bids farewell to iconic Boeing 747 ‘Queen of the Skies’
Thai Airways (THAI) officially bid a fond farewell to the legendary Boeing 747 ‘Queen of the Skies’ amidst a gathering of aviation aficionados and tearful staff in Thailand. Prompted by the recent retirement of Air India’s remaining four Boeing 747-400s, THAI rolled out a majestic carpet, creating a grand stage to honour the original superjumbo jet that had graced their…
- Thailand News
Thai Airways adjusts Europe flights amid Iran-Israel tension
Thai Airways International has realigned its Europe-bound flights to circumvent the Middle East following Iran’s onslaught on Israel. Concurrently, the Foreign Ministry has reported no immediate repercussions on Thai nationals in Iran and Israel. Thai Airways International President Chai Eamsiri yesterday confirmed that the airline has made minor alterations to some flight paths to evade the Middle East airspace. However,…
- Thailand News
THAI plans summer flights including Milan and Oslo
Thai Airways International (THAI) unveiled an ambitious summer schedule set to cover 61 global destinations, including Milan and Oslo. From March 31 to October 26, the airline is not just expanding its wings with a special focus on two brand-new destinations: the fashion capital of Milan and the scenic splendour of Oslo. This strategic expansion includes a significant increase in…
- Thailand News
Thai airlines gear up for Songkran splashdown with extra flights
Thai Airways International, Thai AirAsia, Nok Air, Thai Lion Air, and Thai Vietjet are gearing up for the Songkran festival, a major annual event in Thailand. With an expectation of a surge in travel demand, these airlines have announced the addition of extra flights and ticket discounts to accommodate this rise. Thai Airways International yesterday announced that it would supplement…
- Thailand News
Thai Airways resumes flights to Sri Lanka next month
Thai Airways (THAI) gears up to grace the runways of Bandaranaike International Airport (BIA) once again, starting April 1. With daily flights on the agenda, travellers are in for a treat as they embark on a journey of exploration and adventure. The resumption of THAI” operations is not just a mere flight schedule update, it is a boost for the…
- Business News
Thai Airways records recovery with US$782 million profit in 2023
Thai Airways International Public Company Limited witnessed a significant rebound in its earnings following an increase in air travel demand. The airline reported a net profit of 28.1 billion baht (US$782 million) in 2023, a substantial recovery from the 272-million-baht loss experienced in the previous year. This is the second-highest annual net income recorded by the company, surpassed only by…
- Thailand News
Unruly British man goes berserk on Bangkok-London flight (video)
An unruly British man was arrested after his flight from Bangkok to London Heathrow landed following a cowardly attack on a Thai Airways member of staff. The 35 year old unnamed British man went berserk only minutes after the flight from the Thai capital took off on February 7 and proceeded to smash up the aircraft’s toilet. A passenger managed…
