Connect with us

Corporate

Thai Airways to acquire 15 Airbus

The carrier needs 50 billion baht in capital for its restructuring, of which 20 billion baht would come from a capital increase and 30 billion from borrowing.

Aishwarya Gupta

Published

on

The cabinet yesterday approved a proposal by Thai Airways International Plc to acquire 15 aircraft for 114.67 billion baht.

Loading...

The acquisitions are planned for 2010 to 2014 and will include seven A330-300 aircraft under operating leases and eight 350-seat aircraft with operating leases and parts, said Supachai Jaisamuth, a government spokesman.

The planes should improve THAI’s services and raise its competitiveness.

The cabinet suggested that after THAI improved its performance this year, the company should improve its terms by altering the acquisitions to financial leases, rather than operating leases.

THAI was also advised to prepare a long-term plan for its next acquisition by conducting risk planning and drafting an emergency plan for oil price fluctuations.

The carrier needs 50 billion baht in capital for its restructuring, of which 20 billion baht would come from a capital increase and 30 billion from borrowing.

Corporate

The 3 key barriers to remote working (and how to overcome them)

COVID-19 created the world’s largest remote working experiment and, for many, showed just how possible it was for employees to do their jobs without being at the office.

Daniel Lorenzzo

Published

on

Following the real-world experiment with remote working, it’s time for business leaders to re-examine their previous misgivings, and explore how to adopt flexible working in the long term

Loading...
(more…)

Continue Reading

Corporate

Digital transformation: what will be the long‑term effect of Covid‑19?

For many businesses, the Covid-19 pandemic was the catalyst for their organisational caterpillar to evolve toward digital transformation. Yet following the crisis, it remains to be seen which companies will emerge with wings – and which will simply be crawling along slightly faster than before.

Daniel Lorenzzo

Published

on

The outbreak of Covid-19 forced the rapid adoption of remote working practices and an acknowledgment of the importance of digital transformation. Following the pandemic, what will the lasting impact be?

Loading...
(more…)

Continue Reading

Corporate

Fitch Ratings Expects Improvement of Thai Corporates’ Credit Outlook

Fitch said the outlook for the food retail sector in 2021 would remain stable as earnings rebound, while the outlook for the building material and power & utilities sectors to be stable in the coming years.

National News Bureau of Thailand

Published

on

logomain

BANGKOK (NNT) – The credit rating agency Fitch Ratings expects Thai corporates’ credit outlook to improve this year as vaccination is rolled out and economic activity recovers.

Loading...
(more…)

Continue Reading

Most Viewed

Subscribe via Email

Enter your email address to subscribe and receive notifications of new posts by email.

Join 13,958 other subscribers

Latest

Trending