How Thai Airways avoided collapse and rebuilt for the future

How Thai Airways avoided collapse and rebuilt for the future


Managing Asia’s Christine Tan travels to Bangkok to sit down with the chairman of Thai Airways’ rehabilitation plan, Piyasvasti Amranand, to explore how the national carrier is navigating its path to recovery. Plus, CEO Chai Eamsiri shares renewed ambition as the airline gears up for a relisting on the Stock Exchange of Thailand.

Managing Asia’s Christine Tan traveled to Bangkok to sit down with the chairman of Thai Airways’ rehabilitation plan, Piyasvasti Amranand, to explore how the national carrier is navigating its path to recovery after being on the brink of bankruptcy.

He and CEO Chai Eamsiri shared renewed ambition as the airline gears up for a relisting on the Stock Exchange of Thailand.

As part of its transformation, the airline is modernizing and expanding its fleet—aiming to double it to 150 aircraft by 2033, while growing its route network, particularly across the Asia-Pacific region. 

To mark its 65th anniversary, Thai Airways is also unveiling new cabin crew uniforms, upgraded in-flight amenities and services, all part of its commitment to restore passenger trust and deliver world-class service.

Watch the video above to learn how Thai Airways is charting a bold comeback.



Source

10-year Treasury yield lower as investors mull rates path following strong GDP data
World

10-year Treasury yield lower as investors mull rates path following strong GDP data

U.S. Treasury yields edged slightly lower on Wednesday as investors positioned for a shortened trading day ahead of the holidays. The 10-year Treasury yield — the benchmark for U.S. government borrowing — was 1 basis point lower at 4.159% by 4:15 a.m. E.T. Yields on the 2-year Treasury note were largely unchanged, at 3.528%. The 30-year bond yield, meanwhile, […]

Read More
Oil giant BP to sell 65% stake in  billion Castrol unit
World

Oil giant BP to sell 65% stake in $10 billion Castrol unit

Britain’s BP has agreed to sell a 65% shareholding in lubricants business Castrol to Stonepeak for $6 billion, months on from the oil giant seeking a buyer for the unit. The deal comes as the company looks to launch a strategic reset, including a green strategy U-turn and the divestment of $20 billion of assets […]

Read More
European markets poised for lackluster open ahead of shortened trading session
World

European markets poised for lackluster open ahead of shortened trading session

LONDON — European markets are expected to open in flat to negative territory as investors take stock of the volatile year during Christmas Eve’s shortened trading session. The U.K.’s FTSE 100 and Germany’s DAX were last seen edging below the flatline, while France’s CAC was 0.1% lower according to data from IG Group. The pan-European Stoxx […]

Read More