October 24, 2016 9:37 PM ET


Company Overview of Thai Airways International Public Company Limited

Company Overview

Thai Airways International Public Company Limited, together with its subsidiaries, engages in the air transportation activities in Thailand and internationally. It operates through three segments: Air Transportation Activities, Business Units, and Other Activities. The company provides air transportation services, such as passenger, freight, and mail services; services related to transportation activities, including cargo and mail commercial, ground customer, ground support equipment, and catering services; and dispatch, sales on board, THAI shop, and technical services. It also offers information technology for travel services. As of December 31, 2015, the company’s route network covered 63...

89 Vibhavadee Rungsit Road

Chom Phon


Bangkok,  10900


Founded in 1960


66 2 545 4053


66 2 545 3920

Key Executives for Thai Airways International Public Company Limited

Thai Airways International Public Company Limited does not have any Key Executives recorded.

Thai Airways International Public Company Limited Key Developments

Thai Airways International Launches New Services to Tehran and Moscow

Thai Airways International (THAI) recently announced that they will revive their flights to Tehran from 01 Oct. 2016 and resume flights to Moscow in Nov. 2016. THAI have introduced promotional rates to Tehran to the market and commenced marketing Experience the Beauty of Persia. They are expected to have similar promotions for the resumption of their Moscow flights. The three weekly flights between Bangkok and the capital city of Iran will start on Oct. 1. Four flights per week between Bangkok and Moscow will restart on Nov. 1.

Thai Airways International Expects to Finalize Joint Investment in Aircraft-Maintenance Project in Rayong Province

Thai Airways International expects to finalize a joint investment in an aircraft-maintenance project in Rayong province in the next few months, with the goal being to make the new facility a regional maintenance hub. THAI will then form a joint venture with partners to build a new aircraft-maintenance centre at U-tapao Rayong Pattaya International Airport in Rayong's Ban Chang district. The airline will seek qualified partners that are eager to participate in aviation and aircraft maintenance. THAI aims to build a maintenance centre that means customer airlines [in Thailand] will not have to fly a long distance to get their aircraft maintained. The centre will also serve clients throughout the region. U-tapao Airport is undergoing a major expansion, although the work is months behind schedule, with the new opening date reported to be some time in the first quarter of next year 2017. The expansion of the Royal Navy airfield and facilities is also reported to be well over the original budget of THB 700 million, now standing at around THB 1.7 billion. Once the expansion is complete, the airport will have a new passenger terminal as well as 20,000 square metres of commercial space. Capacity will be increased from 870,000 passengers per year to more than 3 million. The facelift is part of the carrier's product-improvement programme, which aims to tackle tougher competition and more rivals in the business-class segment. All business-class seats in the six aircraft will be changed to flat-bed seats, while seating in economy class will be unchanged.

Thai Airways International Seeks To Sell

Thai Airways International Public Company Limited (SET : THAI) plans to to sell land and other assets to further bolster its balance sheet after posting losses in four of the past five years.

Recent Private Companies Transactions

No transactions available in the past 12 months.

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