Thai Airways International News

Thai Air May Issue New Shares For Restructuring

May 29, 2009

National carrier Thai Airways said on Friday it was considering issuing new shares to raise capital for its longterm restructuring plans.
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Thai Airways Q1 Net Profit Jumps

May 13, 2009

Thai Airways reported a better-than-expected rise in first-quarter net profit on Wednesday, boosted by a big gain on foreign exchange and falling operating expenses.
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Thai Air May Delay A380s, Sees Return To Profit

April 2, 2009

Thai Airways said on Thursday it wanted to talks with Airbus about delaying delivery of six A380 superjumbos as part of an overhaul of its business aimed at putting it back into profit this year.
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Thai Airways Posts Record Loss In Q4

February 27, 2009

Thai Airways reported a record net loss for the fourth quarter on Friday, hurt by a drop in passenger numbers due to political instability in Thailand and the global crisis, plus surging fuel costs.
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Thai Air Expects Return To Profit This Year

February 11, 2009

Thai Airways expects to return to a pre-tax operating profit this year thanks to cost-cutting under a new restructuring plan, its chairman said on Wednesday.
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Thai Airways Says No Fuel Hedging From April

February 10, 2009

Thai Airways said on Tuesday it would have no fuel-hedging contracts from April, down from levels of 17 percent of fuel needs in February and March now that oil prices have fallen back.
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Thai Air, Hurt By Airport Trouble, Seeks USD$974 Mln

January 21, 2009

Thai Airways said on Wednesday it was seeking nearly USD$1 billion in funding after the closure of airports by political protests last year added to problems caused by the global economic slowdown.
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Thai Air Seeks USD$545 Mln Working Capital

January 19, 2009

Thai Airways said on Monday it was seeking THB19 billion baht (USD$545 million) in loans from state-owned banks as it needed working capital after being hit by the recent closure of Bangkok airports.
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Thai Air Seeks Delay Of Airbus A330 Deliveries

January 7, 2009

Thai Airways said on Wednesday it planned to ask Airbus to delay the delivery of six A330 aircraft due later this year because of the sluggish airline business.
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Thai Airways Delays Airbus Payment For 3 Months

January 6, 2009

Thai Airways said on Tuesday it had agreed with Airbus to postpone the first payment for six A330 aircraft to be delivered in 2009 after being hit by the global crisis and Thai airport closures.
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