JVPhoto

And look at SA's financial position.

TPJ

But LX and LX are making money, despite using A-340"s.

JVPhoto

Being replaced this year and next with the 777.
TG has the Dreamliner on orders and the (delayed) A350. But goes SA have anything in the queue that's going to come online and replace their 340s?

transpac

Thai Airways set to soar again, says deputy PM

February 15, 2016 5:32 pm

Thai Airways International’s performance has shown signs of improvement, suggesting that the worst is over at the national carrier and it is ready to bounce back, said Deputy Prime Minister Somkid Jatusripituk.

He made the remark after he and Finance Minister Apisak Tantivorawong visited THAI headquarters Monday as part of a follow-up on the performances of state enterprises under the Finance Ministry.

http://www.nationmultimedia.com/brea...-30279365.html

http://thainews.prd.go.th/website_en...O5902160010001

BinSabai

oh, then we are all so relieved...
bounce back like the stock markets the last couple of days?

transpac

I guess we really need a THAI News thread?




AirAsia, THAI in stake talks

Thai AirAsia boss Tassapon Bijleveld will meet Thai Airways International (THAI) chief Charamporn Jotikasthira next week to discuss the possibility of the flag carrier buying a 20% stake in the budget...

http://www.bangkokpost.com/news/tran...in-stake-talks

boogey

Oh. Is that for ThaiAirAsia a "fire sale" or a "life insurance"?

transpac

THAI swings to quarterly profit

The national carrier posted a net profit of about 4 billion baht in the fourth quarter last year, narrowing its 2015 net loss to about 14 billion, compared with a 15.6 billion baht net loss in 2014, said...

http://www.bangkokpost.com/news/gene...arterly-profit

transpac

Interesting Op-ed piece...official numbers come out on Monday so the post above seems based on leaks?

Time for a more transparent THAI

Despite the slew of negative articles regarding the country's troubled aviation industry published since last year, positive media reports about debt-ridden Thai Airways International Plc (THAI) have emerged...

http://www.bangkokpost.com/opinion/o...ansparent-thai


THAI's proposed TAA stake puzzles experts

A proposal for Thai Airways International (THAI) to buy a 20% stake in Thai AirAsia (TAA) has raised a few eyebrows amid questions over whether the deal would bring any benefit to the troubled flag carrier. Veteran...

http://www.bangkokpost.com/business/...uzzles-experts

BinSabai

original quote from the first article: "But informally telephone calls were made to several newspapers saying the Thai AirAsia purchase idea of Mr Somkid's at the meeting was meant to be a joke."

and this joke made the share price increasing over 45%!

transpac

THAI tells SET it's not taking stake in other airline

Thai Airways International (THAI) has informed the Stock Exchange of Thailand it has not considered investing in any other airline. THAI's chief financial officer Narongchai Wongthanavimok wrote to the...

http://www.bangkokpost.com/news/tran...-other-airline

11277m

Interesting that it's the THAI shares which increased. I wonder what happened to the Thai Air Asia price?

BinSabai

around 8% down today and back to the old level before the rumors popped up
http://www.bloomberg.com/quote/AAV:TB

transpac

http://marketdata.set.or.th/mkt/stoc....do?symbol=AAV

I think THAI popped because of the 'pre-announcement' of the Q4 numbers (formal presentation on Monday). It's not for nothing that the SET is commonly referred to as "the murkiest market in Asia".

http://marketdata.set.or.th/mkt/stoc...=en&country=US

transpac

Missed this Op-ed piece from earlier in the week, some interesting figures...


Chance of a THAI turnaround: Fat or slim?

Thai Airways International must have done something right lately: its share price rallied last week.

On the day that Deputy Prime Minister Somkid Jatusripitak and Finance Minister Apisak Tantivorawong paid a visit to its headquarters, THAI stock gained 4.35 per cent. A day later, the price went up 20.24 per cent to Bt10.10, a level unseen in months. That day also saw over 700,000 THAI shares change hands - also unseen in months.

During his visit, Somkid expressed confidence that the national carrier would turn around, suggesting that the worst was over. But boosting investor confidence must be the notion of THAI executive vice president for commercial Teerapol Chotithanapibal, who said that next month the carrier would announce a step-by-step cut in its fuel surcharge as part of an aim to bring it to zero.

http://www.nationmultimedia.com/opin...-30279924.html