THAI to close headquarters next Monday for Bangkok shutdown

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BANGKOK, Jan 7 – A Thai Airways International (THAI) senior executive announced that the company’s headquarters will be closed next Monday for the “Bangkok shutdown” by anti-government protesters.

THAI senior executive vice-president Chokchai Panyayong said Tuesday that the THAI headquarters offices on Vibhavadi Road and its office at the Government Complex on Chaengwattana Road will be closed.

However, the airline’s offices at Lan Luang, Silom, and Suvarnabhumi Airport’s departure terminal will be open for service as usual.

Passengers wishing to change their travel routes both for time and date for all types of flights can change their tickets without changing fees using the website at www.thaiairways.com or call centre at +66 2 356 1111.

Meanwhile, Mr Chokchai asserted that the national flag carrier did not face bankruptcy as reported and having gone viral on social media.

He said that the news was not true and the company had no possibility of going bankrupt despite the fact that THAI had earned little profit in the past year, but that was due to investment to improve competitive ability and create satisfaction among passengers.

The executive said the airline has a good financial plan and sufficient liquidity to pay its debt.

As of 2013’s Q3, THAI had assets, most of which are aircraft, valued at Bt315 billion, while having debt with interest at Bt183 billion, exclusive of rental fee expenditures for some 20 aircraft.