All Thailand articles – Page 2
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NewsNok 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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NewsNok 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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NewsThai 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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NewsBangkok, 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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NewsNok 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.
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NewsThailand eases domestic flight restrictions from Bangkok
Thailand’s civil aviation authorities has eased restrictions for travel to and from high-risk regions in the country, which includes capital Bangkok.
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NewsThai Airways narrows H1 operating loss; revenue down 75%
Thai Airways swung to a net profit — and narrowed its half-yearly operating loss — as cost-cutting measures appear to bear some fruit.
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NewsThai AirAsia parent widens second-quarter operating loss
Thai AirAsia parent company Asia Aviation widened its second-quarter operating loss — with revenue decline outpacing cost reduction efforts — as the low-cost carrier eyes alternative revenue streams in e-commerce and cargo.
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NewsNok Air creditors approve business rehabilitation plan
Thai low-cost carrier Nok Air has gained the green light from creditors to restructure under a business rehabilitation process.
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NewsThai AirAsia extends suspension as country reports record Covid-19 cases
Thai AirAsia has extended its domestic flight suspension for more than a week, as Thailand battles its worst-ever wave of coronavirus infections.
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NewsKoh Samui reopens to muted response, under pandemic’s shadow
The second phase of Thailand’s reopening got off to a tepid start amid a surge in coronavirus infections, with officials still optimistic about an ambitious plan open up the whole country by end-October.
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NewsThailand extends financial aid to airlines amid record Covid-19 surge
Thailand has extended financial measures to help its carriers to weather the impact of the coronavirus pandemic.
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News‘Phuket Sandbox’ expected to net 100,000 tourists by end-September
Thailand expects around 100,000 tourists to visit the popular island of Phuket — under the quarantine-free ‘Phuket Sandbox’ scheme — for the three months ending 30 September, as it reiterated its commitment to reopening the rest of the country to tourists in the coming months.
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NewsThailand eyes international traffic recovery ‘before 2025’
Thai authorities expect international passenger numbers to hit pre-pandemic levels “before 2025”, as the country inches towards welcoming back visitors in the tourist hotspot of Phuket.
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NewsThai AirAsia eyes year-end international restart amid worsening financial results
Thai low-cost carrier Thai AirAsia has warned that the third wave of coronavirus infections in April will impact its profitability, as it sank deeper in the red amid plunging revenue.
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NewsThai AirAsia plans IPO for capital injection by new investor
Thai AirAsia’s parent company has disclosed a corporate and capital restructuring plan for the airline, which involves listing it on the Stock Exchange of Thailand (SET) to accept a Bt3.15 billion ($100 million) loan from a new investor.
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NewsThai eyes profitability from 2023, as potential delisting looms
Embattled Thai Airways has disclosed that it expects to become profitable again from 2023 and return to positive equity by 2030.
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NewsTroubled Nok given extension to submit rehabilitation plan
Thailand’s Central Bankruptcy Court has granted low-cost carrier Nok Air a one-month extension to file its rehabilitation plan.
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NewsFleet, staff cuts loom at struggling Thai Airways
Embattled Thai Airways has outlined ambitious plans for a post-restructuring future, including simplifying its fleet structure and cutting the number of staff.
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AnalysisThai Airways due to submit rehabilitation plan
Thai Airways International’s rehabilitation planners are expected to submit a plan on 2 March to Thailand’s Central Bankruptcy Court outlining how they propose the airline should be restructured.