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Boris Becker Jailed for 2.5 Years Over Bankruptcy Fraud

Former World Champion tennis star Boris Becker has been jailed for two and a half years after being found guilty of fraud by a...

Many Small Companies in Thailand Facing Bankruptcy

Many small and medium-sized companies in Thailand are facing bankruptcy as they struggle with falling income, rising costs and a lack of liquidity due...

Thai Airways Offers Flight Simulator Experience to Raise Money

Thai Airways is offering a dream flight package in a flight simulator for those interested in enhancing their aviation experience. The struggling ariline said...

7 Signs Filing Bankruptcy is the Right Step for Your Business

Running a business is not easy. Too many people go into the world of entrepreneurship thinking that it will be an easy cakewalk to...

Bankruptcy Panel Reveals Mismanagement and Graft Sank Thai Airways

A Bankruptcy Court Investigation panel has revealed Mismanagement and corruption have led to the downfall of Thai Airways International. Thai Airways which has filed...

Thai Airways Scrambles to Protect its Aircraft from Being Seized

Thai Airways International (THAI) has petitioned courts in three countries to in efforts protects its aircraft from being seized by its creditors. The creditors...

Thai Airways International Flights Grounded, Bankruptcy Looming

THAI Airways recorded a net loss of 11.6 billion baht in 2018 and 12 billion baht in 2019. For the first half of this year, the airline is projected to record a loss of 18 billion baht. Above all due to the impact of the Covid-19 crisis.

Thai Airways International at Risk of Closure

Thai Airways International (THAI) president Sumeth Damrongchaitham said on Tuesday that staff must cooperate with the airline's rehabilitation efforts because it is in a...

Global Travel Company Thomas Cook on the Brink of Collapse

Should Thomas Cook not find backers to provide the £200m facility, it will go into bankruptcy. That would leave the UK government with an estimated £600m bill to repatriate the 150,000 British holidaymakers currently abroad.

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