March 01, 2015 8:07 AM ET

Airlines

Company Overview of Thai Airways International Public Company Limited

Company Overview

Thai Airways International Public Company Limited, together with its subsidiaries, operates commercial flights and provides air transport related services in Thailand and internationally. It operates in three segments: Air Transportation Activities, Business Units, and Other Activities. The company is involved in the transportation of passengers, cargo, and mail on scheduled and chartered flights to domestic and international destinations. It also offers cargo and mail commercial, ground customer, ground equipment, catering, and technical services; and dispatch services and duty free sales on board. In addition, the company provides various merchandises through its merchandising stores under...

89 Vibhavadi Rangsit Road

Chom Phon

Chatujak

Bangkok,  10900

Thailand

Founded in 1960

Phone:

66 2 545 1000

Fax:

66 2 545 3894

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

Tourism New Zealand Partners with Thai Airways and Auckland Airport

Tourism New Zealand has launched a new joint venture partnership with Thai Airways and Auckland Airport with an aim to achieve 50,000 arrivals from India by 2017. This campaign introduces special promotional fares from as low as INR 60,762 return for travel between March 2015 and September 2015, with booking validity until March 2015. Tourism New Zealand has witnessed steady growth in visitors from India and the market holds great potential for the destination. In December 2014, New Zealand's visitor arrivals from India were 37, 392, an increase of 20.7% on the previous year. Of these, 17,280 were holiday arrivals, a 17.6% increase on the previous year. The new partnership with Thai Airways and Auckland Airport aims to further increase preference for New Zealand amongst the families and young professionals, with a particular focus on Delhi, Kolkata and Hyderabad.

Thai Airways International Public Company Limited Reports Audited Consolidated and Company Earnings Results for the Year Ended December 31, 2014; Reports Consolidated Operating Results for the Year Ended December 31, 2014

Thai Airways International Public Company Limited reported audited consolidated and company earnings results for the year ended December 31, 2014. For the period, consolidated net loss was THB 15,611,621,000 or THB 7.15 per share compared with net loss of THB 12,047,374,000 or THB 5.52 per share for the same period last year. EBITDA was THB 3,589 million, which decreased by THB 18,885 million or 84.0% over last year. Total revenues were THB 191,266 million against THB 211,605 million a year ago. Loss before tax was THB 16,738 million against THB 12,929 million a year ago. Net cash from operating activities was THB 6,019 million against THB 25,734 million a year ago. Negative return on equity was 31.71% against 19.04% a year ago. Negative return on total assets was 3.47% against 2.25% a year ago. For the period, the company reported net loss of THB 14,896,001,000 or THB 6.82 per share compared with net loss of THB 13,437,992,000 or THB 6.16 per share for the same period last year. For the year, the company reported production of 12,346 MATK against 12,728 MATK a year ago. Traffic was 7,709 MRTK against 8,388 MRTK a year ago. Load factor was 62.4% against 65.9% a year ago. Passenger carried was 19.10 million against 21.51 million a year ago. Passenger production was 82,969 MASK against 85,655 MASK a year ago. Passenger traffic was 57,194 MRPK against 63,479 MRPK a year ago. Cabin factor was 68.9% against 74.1% a year ago.

Thai Airways International Public Company Limited Approves Appointment of Chatudom Titthasiri as Member of the Audit Committee

Thai Airways International Public Company Limited at its board meeting held on Feb. 23, 2015, approved appointment of Lt. Gen. Chatudom Titthasiri to be a member of the audit committee.

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