All Thailand articles
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NewsThailand to kickstart Bt290 billion ‘aviation city’ construction in U-tapao
The Thai government has approved plans for an “aviation city” surrounding U-tapao airport located near Pattaya, citing the need to “revitalise” and grow its aviation sector.
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Bangkok Airways ekes out first profit since pandemic; Thai AirAsia widens loss
Two Thai operators posted stark differences in their third-quarter earnings, despite seeing a significant rise in their revenues as travel demand picked up.
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Thai Airways mulls return of A380s as demand rises
Thai Airways International is “studying closely” plans to bring its stored Airbus A380s back into its fleet to cope with a capacity shortfall, as the airline sees a steady increase in travel demand.
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Nok Air narrows 2021 loss on restructuring revenue gains
Thai low-cost operator Nok Air narrowed its 2021 loss, helped by a revenue gain from debt restructuring, as well as recovery in domestic air travel demand in the second half of the year.
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With China’s continued closure, Thai AirAsia looks to South Asia
Thai AirAsia expects to expand in South Asia, as China – a major revenue source pre-pandemic – remains tightly shut.
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Thai Airways narrows Q2 losses as travel recovers
Thai Airways narrowed its second-quarter loss, as passenger travel demand soared with the reopening of borders.
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Bangkok Airways narrows Q2 loss
Bangkok Airways trimmed its second-quarter operating loss, as revenue increase outpaced a steady rise in costs.
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Thai AirAsia to raise Bt2 billion; eyes international recovery
Thai AirAsia is to raise up to Bt 2billion ($58.5 million) for “financial stability”, as well as future expansion into international markets.
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Thai AirAsia X latest Thai carrier to file for business rehabilitation
Bangkok-based long-haul, low-cost carrier Thai AirAsia X has filed for business rehabilitation, though it stresses its daily operations will not be affected by the process.
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Thailand to host own air show in 2027
Thailand will host its own air show from 2027, with the event to be held at U-tapao international airport near Pattaya.
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Nok Air narrows half-year loss
Troubled Thai low-cost carrier Nok Air narrowed its half-year operating loss, as a decline in revenue outpaced a fall in costs.
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Bangkok Airways plunges to steep net loss after airport lease termination
Bangkok Airways significantly widened its net loss for the three months to 30 September, as it took on a hefty charge for the termination of an airport lease agreement.
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Covid-19 resurgence pushes Thai AirAsia parent deeper in the red
Thai AirAsia parent company Asia Aviation widened its third-quarter operating loss, amid a sharp revenue plunge from having to suspend operations during Thailand’s worst wave of coronavirus infections.
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Thai AirAsia parent to raise capital, adjust shareholding in revised restructuring plans
Thailand’s Asia Aviation is set to inject fresh capital into its low-cost airline unit Thai AirAsia, as part of a broader revised restructuring plan that will see significant changes to both companies’ shareholding structures.
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Analysis
Open-up October: Southeast Asia enters cautious reopening phase
Amid a growing shift towards living with an endemic coronavirus, a number of countries in Southeast Asia are gradually reopening their domestic and international borders, citing the need to boost a battered tourism sector, as well as regain some level of normalcy.
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Nok Air to boost capital as creditors seek to claw back Bt27.3 billion
Embattled low-cost carrier Nok Air plans to inject fresh funds in 2022, to pay for “necessary capital expenditure”, as well as repay liabilities.
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Nok Air gets court approval for rehabilitation plan
Nok Air has cleared a major hurdle in its business restructuring process, after Thailand’s Central Bankruptcy Court approved its rehabilitation plan.
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Thai AirAsia taps crowdfunding to shore up capital
Thai AirAsia has launched a crowdfunding bond campaign as part of efforts to beef up its war chest against the pandemic’s impact.
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Bangkok, Chiang Mai among Thai cities to reopen borders from 1 October
Thailand is pressing ahead with plans to reopen the country’s international borders, with major cities such as Bangkok and Chiang Mai set to welcome vaccinated travellers from 1 October.
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Nok Air widens full-year loss as liabilities exceed assets
Embattled low-cost carrier Nok Air plunged deeper into the red for the 2020 calendar year, as revenue evaporated amid a collapse in passenger travel demand during the coronavirus pandemic.
