Turkish Airlines and Thai Airways International have formalized a joint business agreement to share revenues on flights operating between Istanbul and Bangkok. This partnership underscores the airlines’ commitment to enhancing their competitive positioning on the critical Asia-Europe corridor.
Thai Airways International has signed a Memorandum of Understanding (MOU) with the Kansas Modification Center to establish a joint venture dedicated to converting B777-300ER passenger aircraft into cargo freighters. This strategic collaboration aims to capitalize on the growing demand for cargo capacity amid a continuing global shift in air freight logistics.
Thai Airways International has announced plans to raise up to $1.27 billion through a share rights offering, marking a pivotal step in its efforts to exit court-supervised debt restructuring. This initiative will also enable the resumption of the trading of the airline’s stock on the Thai stock exchange.
Thai Airways International has commenced the Voluntary Debt-to-Equity Conversion period for its creditors, effective November 18, 2024. This initiative is a pivotal component of the airline’s ongoing business rehabilitation plan, aiming to strengthen its financial structure and enhance operational stability.
Really Cool Airlines, a new airline based in Thailand, is set to commence operations in the first half of 2025 with two Boeing 777-200ER aircraft leased from Thai Airways International. The airline plans to deploy these aircraft on routes connecting Thailand to Japan, aiming to capture a share of the popular travel market between these regions. The B777-200ER, known for its long-haul…
Thai Airways International is advancing its capital restructuring efforts, seeking foreign airline partners for strategic investment through a targeted private placement.
Thai Airways International has strengthened its fleet with the recent addition of an Airbus A330-300, serial number 1329.
