Thai Airways

Chai said he wasn't given a reason for the decision but believed the board wanted to review shortcomings in his handling of the flood-related disruption

The 256-seater flight TG 325, a Boeing 787-8 Dreamliner aircraft, had taken off from Bangkok and landed in Bengaluru at 11.32 p.m. on Tuesday in Bengaluru

"The number of executive positions has been reduced from 740 to about 500," the airline said in a statement

The Central Bankruptcy Court will decide whether the airline can proceed with its plan to rehabilitate its debt

Conflicting news reports say Tatas want to sell their stake and exit, and that the Malaysian partner Air Asia Berhard wants to bow out.

Thai Airways's total expenses dropped 0.8 per cent to 49.6 billion baht on lower fuel prices

The public data released by the British courts does not name implicated individuals