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April 18, 2015 10:05 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. The company operates through three segments: Air Transportation Activities, Business Units, and Other Activities. It 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 ...

89 Vibhavadi Rangsit Road

Chom Phon

Chatuchak

Bangkok,  10900

Thailand

Founded in 1960

Phone:

66 2 545 4053

Fax:

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 To Divest Ageing Aero-Planes & Non-Core Assets

The State Enterprise Policy office approved a business rehabilitation plan of Thai Airways International Public Company Limited (SET:THAI) which involves among other things selling of ageing aero planes and non-core assets.

Thai Airways International Public Company Limited, Board Meeting, Mar 09, 2015

Thai Airways International Public Company Limited, Board Meeting, Mar 09, 2015. Agenda: To propose to the AGM to consider the board changes.

Cotchett, Pitre & McCarthy LLP and Hausfeld, LLP Provides Update of Settlement of Class Action Lawsuit Involving Price of Airline Tickets

Settlements have been reached with eight airlines in a class action lawsuit involving the price of airline tickets. The Settling Defendants are: Air France; Cathay Pacific; Japan Airlines; Malaysian Airlines; Qantas; Singapore Airlines; Thai Airways; and Vietnam Airlines. The lawsuit continues against five Non-Settling Defendant airlines: Air New Zealand; All Nippon Airways (ANA); China Airlines (Taiwan); EVA Airways; and Philippines Airlines. The lawsuit claims that the Defendants agreed to fix prices on tickets for transpacific air travel. As a result, ticket purchasers may have paid more than was necessary. The Settling Defendants deny the allegations, and deny that they have any liability. The Defendant airlines also deny liability, although ANA has pled guilty to fixing the prices of certain discounted tickets. Purchasers are included if: they bought a ticket for air travel from one of 26 airlines; the ticket included at least one flight segment between the U.S. and Asia or Oceania; and the purchase was made between January 1, 2000 and the present. The Settling Defendants have agreed to pay $39,502,000. Money will not be distributed yet, and will be distributed pursuant to a Plan of Allocation approved by the Court. Class Counsel will pursue the lawsuit against the Non-Settling Defendants.

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