Thai airways

Asian Carriers Hosts Forum As Regional Travel Restrictions Ease

The Association of Asia Pacific Airlines (AAPA)’s 66th Assembly of Presidents is being held in Bangkok, Thailand this week. After two years of virtual assemblies due to the coronavirus pandemic, the airline leaders of the AAPA member airlines have said they are “cautiously optimistic” about the immediate future of air travel in the region. For […]

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Thai Airways Gets Approval for Restructuring of $12.9 Billion Debt

The Covid-19 pandemic has forced several international airlines to file for bankruptcy and enter administration in order to not only stay afloat but also as a way to pay off continuously-piling debts as the severe decrease in passenger numbers and highly-restrictive border closures have resulted in decreasing revenues earned for these airlines. Thai Airways has […]

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Thai Airways Approved for Restructuring Plan

Thai Airways International managed to get its creditors’ approval on May 19 for a proposed restructuring plan that would help the airline refinance its debt in an effort to stay afloat and remain financially viable long-term, Nikkei reported. In order for the seal of approval to be given, the restructuring plan needed a nod from […]

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Thai Airways Debuts New Strategies to Increase Revenue

Following the report of a huge loss in the second quarter, the state run Thai Airways has announced some new strategies. Earlier, Thai Airways reported a loss of $221 million for April to June, a 122 percent increase compared to the same period last year. The airline blamed several factors, such as a strong baht, […]

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Thai Airways Debuts New Strategies to Increase Revenue

Following the report of a huge loss in the second quarter, the state run Thai Airways has announced some new strategies. Earlier, Thai Airways reported a loss of $221 million for April to June, a 122 percent increase compared to the same period last year. The airline blamed several factors, such as a strong baht, […]

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