Thai Airways
- Transport News
Thai Airways should file for bankruptcy: former finance minister
A former Finance Minister is proposing that Thai Airways formally file for bankruptcy, so the troubled national flag carrier can use the protection of the country’s bankruptcy law to begin rehabilitation. Kla party leader Korn Chatikavanich maintains that this is a “golden opportunity” for the financially battered airline to enter administration, under the bankruptcy process, and clear the way for real,…
- Economy News
Former union leader calls for total overhaul at Thai Airways
The former president of the Thai Airways union is calling for a complete revamp of the airline, including the ousting of all existing board members. The call follows years of crippling losses, bailouts and promises of a corporate cleanout. The Bangkok Post reports that Chamsri Sukchotrat made the call in a Facebook post, addressing PM Prayut Chan-o-cha in his role…
- Thailand News
Thailand News Today – Thursday, April 30
Thailand Covid-19 update: 7 new cases, no new deaths The CSSA has announced this morning that Thailand had only 7 new cases of the Covid-19 nationwide in the previous 24 hours. 3 of the new cases were imported, meaning that they came from Thai nationals returning to the country from overseas. All were immediately quarantined. Only 4 cases came from…
- Economy News
Thai Airways gets another lifeline from the government
Thai Airways is finally getting a reprieve, after years of financial woes and corporate drama. The struggling national carrier is getting a lifeline in the form of a bailout loan. Finance permanent secretary Prasong Poontaneat made the announcement yesterday, after a meeting chaired by PM Prayut Chan-o-cha. The State Enterprise Policy Committee meeting approved “in principle” the proposal to rehabilitate…
- 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…
- Covid-19 News
Thai aviation will take to the skies with strict new anti-virus guidelines
“Little of this, plus the additional hassles at check in and immigration, is going to help entice tourists to return to Thailand in the short-term.” Looking at the new ‘normal’, post April 30 in Thailand, we are now starting to see how commercial aviation may have to function for, at least, the immediate future. Suffice to say, flying around is…
- Covid-19 News
AoT, already struggling, deny investing in faltering Thai Airways
“We’ve got enough problems of our own.” Airports of Thailand is denying claims that it is interested in acquiring a stake in the financially floundering flag carrier Thai Airways, saying that they too are struggling with the sharp drop in revenue after airlines and airport shutdowns related to the Covid-19 pandemic. Thai Airways, once considered one of Asia’s most luxurious…
- Covid-19 News
Passengers on 2 Thai Airways flights from London test positive for coronavirus
Authorities in Nonthaburi province, just outside Bangkok, have announced that passengers of 2 Thai Airways flights from London to Bangkok may be at risk of contracting the Covid-19 coronavirus because 3people on those flights were found to be infected. The 3 passengers developed symptoms en route and later tested positive. In a Facebook post, the Nonthaburi Provincial Public Health Office…
- Covid-19 News
Thai Airways suspends all flights, some from today
The Covid-19 coronavirus pandemic has claimed another victim: Thai Airways, the national carrier, has announced the suspension of all operations until May 31. The struggling carrier, once considered one of Asia’s most luxurious airlines, said yesterday that the suspension is necessary “because the global pandemic has prompted many countries to impose border closures and lockdowns, forcing many Thai offices abroad…
- Covid-19 News
9 Thai airlines stop services during Covid-19 crisis
Yesterday, director general Chula Sukmanop of The Civil Aviation Authority of Thailand (CAAT), granted nine airlines permission to halt their flights due to the Covid-19 situation. Chula says “that the nine airlines that had submitted requests to temporarily halt their operations”. The airlines are… Thai Airways International, Thai Smile, Bangkok Airways, Thai AirAsia, Thai AirAsia X, Thai Lion Air, Nok…
- World News
Thai airways cancels 32 flights to 12 countries
Reports from Thai Airways International say that due to the spread of the Covid-19 disease the national airline is obligated to announce the cancellation of international flights. In order to meet the traveling needs of decreasing passengers, the airline have announced cancelled flights to and from 12 countries, totalling 32 flights. These flights include… 1. Nepal, Kathmandu, 2 flights, TG…
- Economy News
Airlines offered drop in landing fees and fuel excise at Thai airports
Airlines, international and domestic, have been hit hard with the impact on travel following the Coronavirus outbreak. Over the past month there’s been daily announcements of cancellations of flights and rescheduling to cope with border closures and daily changes in the coronavirus evolution. The Thai Cabinet yesterday approved a relief package which had been proposed by the Transport Ministry for…
- Covid-19 News
A few more flight cancellations and K-Pop curtailed
Airlines around the world are battling to re-assess and refine their flight schedules in response to the dive in passenger bookings following the outbreak and impact of the covid-19 coronavirus at the start of the year. In recent weeks the restrictions on travel, to many parts of the world, have started to bite. Thai AirAsia announced today that it will…
- Covid-19 News
Thai Airways crew restrain Chinese passenger who deliberately coughed at them: VIDEO
A shocking Facebook video claims to show the moment Thai Airways cabin crew tackle a passenger who deliberately coughed at them. The unverified footage is said to have been taken on a Thai Airways flight in Shanghai on Friday, and was shared online by YouTube user Fugu M. Reportedly, the plane had already landed at Shanghai’s Pudong International Airport, but…
- Covid-19 News
Thai Airways starts to trim back schedules due to loss of demand
Thai Airways is cutting back services to South Korea and Singapore out of Bangkok due to “a dramatic fall in demand” and cancellations caused by the coronavirus outbreak. The vice president of sales at Thai Airways, Nond Kalinta, says the national carrier had adjusted flight schedules to match commercial demand. He confirmed the following changes. • Flights reduce on the…
- Business News
Thai Airways considers leasing planes and outsourcing cabin staff
In its attempts to restructure the legacy national airline, senior staff of Thai Airways may lease aircraft and cabin staff. The plans are part of fleet and service improvement options as demanded by the Thai Government who had to find 11.1 billion baht over the first 9 months of 2019 to keep the national airline in the skies. According 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 offers One Pass One Price Value Card
In a first of what will surely be a prolonged period of promotions, Thai Airways is offering a One Pass One Price Value Card Package which will cover four economy class fares from Bangkok to some destinations in Cambodia, Laos, Vietnam and Myanmar. Tickets start at 8,060 baht and are valid for trips from Bangkok to Phnom Penh, Siem Reap,…
- 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…
- World News
Thai Airways denies cancelling flights to 4 Asean destinations
Thai Airways has dismissed reports that it will stop flying to four Asean destinations, namely Laos, Cambodia, Vietnam and Myanmar. In a statement issued Tuesday October 22, Thai’s president insisted there is no truth to reports that the airline will stop flights to the four destinations. He said that the company is preparing its corporate strategy, and a thorough analysis…
- Economy News
Airline on brink of collapse, TG president warns
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 to work harder. He also said that there may still be time, though not much, to save the company. “Otherwise speculation that THAI is going bankrupt will materialize and there is a chance that…
- Tourism News
Thai Airways must modify rehabilitation plan to survive: Airline President
PHOTO: gta5-mods.com “Thai Airways will have to modify its rehabilitation plans to survive in the face of tight competition.” This frank admission by the airline’s president Sumet Damrongchaith. The national carrier is now carrying a total debt of over 2.45 billion baht and losses of more than 20 billion, despite being able to reduce its debts by 48 billion baht…
- Business News
Thai Airways under pressure to deliver workable business plan
Thai Airways is coming under more pressure, after being given 30 days to deliver its new rehabilitation and business plans. Thaworn Senniam, the Deputy Transport Minister, gave the instruction yesterday while meeting with the executive of the national carrier for an update on its financial status. He says the business plan must provide clear information on how the fortunes of…
- 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…
- Technology News
Some Mac Book Pros banned on Thai Airways flights to the EU
Thai Airways is telling passengers travelling on their fleet that some Apple MacBook Pro notebooks, distributed between 2015 to 2017, won’t be allowed on flights to and from EU countries. According to the Bangkok Post, the vice president of Thai Airways’ aviation safety department, Flt Lt Prathana Pattanasiri, claims the flag carrier is banning MacBook Pro 15-inch notebooks purchased between September…
- 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
Executives at Thai Airways asked to take pay cut
PHOTO: Thai Airways and Thai PBS World “An unnamed source in the Transport Ministry says the airline’s financial predicament is very serious and puts it at risk of bankruptcy.” The country’s national flag carrier, Thai Airways, could be in deep financial trouble and may need to delay repaying its debt or seek new loans. Thai PBS World reports tat the…
- Tourism News
New Airbus A220 drops into Bangkok during Asia Pacific tour
Perfectly timed with Boeing’s woes and uncertainty over its 737 Max aircraft, Airbus is touring the Asia Pacific displaying its new A220-300 jet on a two-week demonstration tour. The new 143 seat aircraft flew executives from leading Thai airlines over Bangkok yesterday to secure some sales, especially Thai Airways who are in the market to freshen up their garage of…
- 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…
