AirAsia Founder Plans Low-Cost Dubai-Style Hub in Bangkok and Kuala Lumpur
Discount airline AirAsia aims to replicate Dubai’s success in global connectivity, but with a low-cost model centered in Bangkok and Kuala Lumpur, marking a new chapter as it moves past…
Thai to Resume Flights to Brussels
Thai Airways International will restart direct flights between Thailand and Belgium on December 1, following a four-year hiatus due to the Covid-19 pandemic. Despite the lack of direct flights for…
Finance Ministry Plans to Restructure THAI Debt
The Ministry of Finance is preparing to convert the debt of Thai Airways International into equity, with a proposal slated for submission to the cabinet this month as part of…
AoT Reports Increase in Air Traffic
Thailand’s six major airports served nearly 120 million passengers in the previous fiscal year ending on September 30, with Airports of Thailand (AoT) indicating that air traffic is set to…
Ministry to Support Six New Airport Projects
The Transport Ministry is aiming to back six airport development and construction projects to establish the country as the transportation hub of the region. On Monday, Deputy Transport Minister Manaporn…
Thai Airways Capital Restructuring Set to Begin
Thai Airways International has submitted a fair value assessment to the Stock Exchange of Thailand in preparation for its upcoming capital restructuring, which will involve a debt-to-equity conversion and the…
Nok Air looking at capital raising for 2025
Nok Air (DD, Bangkok Don Mueang) plans to raise THB 5 billion (USD 150.5 million) next year as it prepares for an exit from its business rehabilitation in 2026. CEO…
Boeing to Reduce Workforce by 17,000 Due to Employee Strike and Financial Losses
Boeing is set to eliminate 17,000 positions, which represents 10% of its workforce, as the company navigates various challenges within its operations. In an email to employees on Friday, CEO…
THAI Proposes New Strategy for Expansion
Thai Airways International (THAI) is planning to spin off certain business units into subsidiaries to foster company growth. Chai Eamsiri, president of THAI, stated that the airline has the opportunity…
Thai Airways to bring back Premium Economy
Thai Airways aims to take advantage of the growing demand for affordable premium travel by introducing its premium economy class once again—essentially re-launching it. The Star Alliance member previously offered…