Thai Airways aims to increase 10 billion baht in revenue and cut costs by 6 billion baht this year

Thai Airways International is expected to earn an extra revenue of 10 billion baht and, at the same time, cut costs by 6 billion baht. THAI president Jarumporn Chotikasathien said Monday that if cabin factor could be increased to 80 percent from 73.9 percent, Thai’s revenue would increase by 10 billion baht without any additional […]

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Thai Airways executives face blame if rehab stalls

Thai Airways International (THAI) executives must shoulder the blame if they fail to move ahead with the rehabilitation plan for the debt-ridden airline by March next year, Transport Minister Arkhom Termpittayapaisith said. The State Enterprises Policy Commission, known as the “superboard”, will assess the rehabilitation performance of seven state enterprises that are losing money, including […]

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