Thai Airways International Public Company Limited

Chai Eamsiri, former Chief Executive Officer of Thai Airways, has come out to rebut allegations through his personal Facebook page after the company's board resolved to suspend him from duty on October 2. He stated that the wine procurement case, in which he is accused of bypassing proper channels and handling the matter himself, followed detailed and rigorous procedures in accordance with regulations and can be audited at any time. He affirmed that throughout 41 years of work he has never had any blemish related to corruption and is ready to submit to scrutiny by any agency in the country. He also noted that he was already the authorized-signatory director with the weakest financial standing on the Thai Airways board. He asked that drama or disrespectful remarks not be brought into his space.

Thai Airways International Public Company Limited, or THAI, informed the Stock Exchange of Thailand that its board of directors has resolved to suspend Mr. Chai Eamsiri from his duties as chief executive officer during a fact-finding investigation and review of management processes in a crisis, effective from 2 October 2026. The board also appointed Mr. Samrit Samniang, a company director, to serve as acting chief executive officer in his place. The company stated that this action is a suspension pending a fact-finding investigation and is not a notification of resignation from the chief executive officer position. The resolution was passed at the 9/2569 extraordinary meeting of the board of directors on 2 October 2026, after the board took note of the flood situation that occurred in late September 2026, which affected the aviation business and the company's image. In addition, the company announced a change in the list of directors authorized to sign on behalf of the company, from Mr. Chai Eamsiri and Mr. Samrit Samniang signing jointly with the company seal, to Mr. Samrit Samniang and Mr. Winit Wisetsuwannaphum signing jointly with the company seal.

Thai Airways International Public Company Limited, or THAI, has resolved to temporarily suspend Mr. Chai Eamsiri from his duties as Chief Executive Officer pending a fact-finding investigation and review of the company's crisis management process, and has appointed Mr. Samrit Sangnueang, a company director, to serve as acting Chief Executive Officer in his place, effective from 2 October 2026. The decision was made at the 9/2569 special meeting of the Board of Directors on 2 October 2026, after the Board took note of the flood events in late September 2026, which affected the aviation business and the company's image. The Board therefore resolved to conduct a fact-finding investigation and review the crisis management process, and to report the results to the Board as soon as possible. In addition, the Board approved a change in the list of directors authorized to sign on behalf of the company under Article 23 of the company's regulations, which requires two directors to sign jointly and affix the company seal. The authorized signatories will change from Mr. Chai Eamsiri and Mr. Samrit Sangnueang to Mr. Samrit Sangnueang and Mr. Winich Wisesuwanphum, who will sign jointly and affix the company seal. Thai Airways stated that it places importance on maintaining the confidence of customers, stakeholders, and the public, as well as the best interests of shareholders as a whole, and that it will inform the Stock Exchange of Thailand of any material progress or conclusions.

Shares of Thai Airways International, or THAI, rebounded 1.77%, or 0.10 baht, to 5.75 baht on trading value of 192 million baht, after falling for four consecutive trading days, amid reports that CEO Chai Eamsiri is set to be removed over poor management. Today, Lavaron Sangsnit, permanent secretary of the Finance Ministry and chairman of THAI's board, called a special board meeting to monitor the situation regarding passenger services at Suvarnabhumi Airport after the airline faced problems with delayed flights and a large number of unclaimed baggage. The agenda is expected to include the appointment of a committee to investigate Chai Eamsiri, amid reports that he will be removed from his post before his employment contract expires on January 31, 2027.

Thai Airways International Public Company Limited, or THAI, is accelerating flight management and mobilizing resources from all sectors to prepare to restore full passenger service on all flights by October 3, 2026, after previously reducing flights to align with its operational capacity. On October 1, 2026, it cut 15 flights, and on October 2, 2026, it cut another 9 flights, totaling 24 flights over the two days. To assist passengers, Thai Airways will open its ticketing office at its headquarters on Vibhavadi Rangsit Road on Saturday, October 3, and Sunday, October 4, 2026, from 08:00 to 17:00, to add service channels and help passengers during the return to normal service. On the same day, the Thai Airways board of directors is scheduled to hold a special meeting, and the market will be watching for the guidelines the board sets to improve flight management and service, as well as measures to prevent operational problems from affecting passengers again.

US stock markets closed mixed, with the Dow Jones Industrial Average ending at 50,906.05 points, down 443.87 points or 0.86%, and the S&P 500 closing at 7,651.54 points, down 19.30 points or 0.25%, pressured by elevated oil prices and bond yields. The Nasdaq closed at 26,861.06 points, up 63.52 points or 0.24%, supported by buying in technology stocks. Headline PCE for August rose 3.4% year on year, below market expectations of 3.7%, while Core PCE rose 3.0% year on year, below expectations of 3.3%. The yield on 10-year US Treasury bonds rose above 5.3% and the 30-year yield above 5.6%. Investors are therefore watching September Nonfarm Payrolls, which the market expects to rise by 98,000 positions, compared with 162,000 in August, with the unemployment rate forecast at 4.1%. In European markets, the STOXX Europe 600 closed at 634.89 points, down 3.19 points or 0.50%, with bank stocks down 0.8% and insurance stocks down 1.4%. The DAX closed at 25,199.19 points, down 200.02 points or 0.79%, and the CAC 40 closed at 7,964.51 points, down 71.36 points or 0.89%, while the FTSE 100 closed at 10,606.00 points, down 30.71 points or 0.29%. In Asian markets, the Nikkei 225 opened at 67,106.52 points, up 352.80 points or 0.53%, boosted by buying in large technology stocks, while the KOSPI fell 0.8% and the S&P/ASX 200 dropped 1.09%. The Shanghai Composite and the Hang Seng Index were closed for China's National Day holiday. Thailand's stock market is expected to trade in a volatile and consolidating range, with sentiment pressured by surging US bond yields and concerns over continued foreign fund outflows. The stock to watch today is THAI, after the cancellation or rescheduling of domestic and international flights between October 1 and 3, 2026, along with efforts to clear backlogged baggage at Suvarnabhumi Airport, which could weigh on confidence and the company's short-term operations.

The flood situation in Thailand has spread to the business sector, with Toyota forced to temporarily halt operations at four automobile manufacturing plants because parts deliveries have been disrupted. Three of these are company plants, and one is a plant of Toyota Auto Works, a joint venture. Meanwhile, Thai Airways has suspended both inbound and outbound cargo services from Wednesday, September 30, through October 6, after a large number of employees were unable to travel to work. A Toyota spokesperson said the company is coordinating with suppliers to restore parts deliveries and will try to restart production lines as soon as possible. On the broader impact, data from the Ministry of Interior indicates that 44 provinces out of 77 have been affected, and as of Wednesday flooding persisted in 32 provinces, with at least 24 deaths. Ekkaphab Phanthasri, spokesperson for the Prime Minister's Office, citing data from the Ministry of Public Health, said the death toll stood at 40, and officials are accelerating efforts to drain floodwater in Bangkok, aiming to return the situation to normal within two to three days. Bangkok has faced heavy rainfall of as much as 320 millimeters in just three days, nearly equal to the average rainfall for the entire month of September. At Suvarnabhumi Airport, about half of the employees were unable to come to work, leaving thousands of pieces of passenger baggage stranded and many flights canceled.

Thai Airways faced a ground services crisis in late September 2026, as flight delays, long passenger waits for baggage, and unclaimed baggage became clearly visible from 26 September. The airline explained that flooding prevented some ground staff from travelling to work, and that some baggage conveyor vehicles broke down, affecting both outbound flights and the unloading of baggage from inbound flights. The key issue is that heavy cost-cutting in the past, selling off equipment and reducing permanent staff before shifting mainly to an outsourcing system, has made manpower control harder in an emergency. During this crisis, Thai Airways received assistance from Bangkok Flight Services Company Limited, a joint venture between Bangkok Airways and AOT Ground Aviation Services Company Limited, part of Airports of Thailand Public Company Limited, or AOT. Meanwhile, the Royal Thai Air Force deployed 69 personnel to help with ground operations, and discussions were held with Thailand Post about delivering baggage to passengers' accommodation. For investors, this incident is a question that should be weighed alongside the airline's profit and profit margin: whether the company has enough people, equipment, and systems to handle the workload, and how well it can maintain service standards when something goes wrong.

Thai Airways International has announced the cancellation of additional routes and further changes to its flight schedule between 1 and 3 October 2026. On 1 October 2026, nine domestic round-trip routes were cancelled: Bangkok-Phuket TG201/TG202, Bangkok-Chiang Mai TG122/TG123, Bangkok-Ubon Ratchathani TG020/TG021, Bangkok-Khon Kaen TG040/TG041, Bangkok-Chiang Rai TG132/TG133, Bangkok-Phuket TG217/TG218, Bangkok-Chiang Mai TG114/TG115, Bangkok-Hat Yai TG267/TG268 and Bangkok-Udon Thani TG008/TG009. Five international round-trip routes were also cancelled: Bangkok-Frankfurt TG922/TG923, Bangkok-Singapore TG403/TG404, Bangkok-New Delhi TG315/TG316, Bangkok-Mumbai TG317/TG318 and Bangkok-Hanoi TG564/TG565. On 2 October 2026, six domestic round-trip routes were cancelled, along with the international round-trip flights Bangkok-Copenhagen TG950/TG951, Bangkok-Taipei TG632/TG633, Bangkok-Singapore TG413/414 and Bangkok-Seoul TG656. On 3 October 2026, the international flights Bangkok-Amsterdam TG936/TG937 and Seoul-Bangkok TG657 were cancelled. The airline has also made further schedule changes to several flights, such as TG401 Bangkok-Singapore, which becomes TG401D on 2 October 2026 with a departure time of 03:30 and arrival at 06:50 the same day, and TG950 Bangkok-Copenhagen, whose departure time changes to 06:00 with arrival at 12:50. The company stated that it is not standing idle and is working closely to resolve the situation until it eases and returns to normal.

Suphajee Suthumpun, Deputy Prime Minister and Minister of Commerce, has called on Thai Airways to speed up its handling of air cargo service problems after the airline announced a temporary suspension of inbound and outbound cargo acceptance at its cargo terminal from September 30 to October 6, 2026. She said the seven-day period was too long and would have wide-ranging effects on the country's image and on exports, especially agricultural goods. Suphajee said the government must ask Thai Airways to resolve the problem in less than seven days, and that the Ministry of Finance, the Ministry of Transport and the Thai Airways board should meet to find a structural solution. She also assigned the Department of International Trade Promotion to closely assess the impact on the export sector and to coordinate with other airlines to urgently find alternative channels and routes, with special priority given to agricultural and perishable goods. Air cargo is not Thailand's main export channel, since most agricultural products, particularly those shipped to China, rely mainly on the rail system. As for export markets, Thailand depends on shipments to the United States and China combined for about one third of the total value of its exports, with more than 20% going to the United States and more than 10% to China. Thailand has negotiated with the United States and has now reached agreement in principle after the United States had initially aimed to impose tariffs on Thailand as high as 36%, and the two sides are finalising the finer details. At the same time, Thailand is accelerating efforts to diversify into the EU, which accounts for only 7-8% of its exports. Thailand-EU free trade agreement talks have completed nine rounds, with two thirds of the deal settled, and are now entering a tenth round, with the negotiations expected to conclude by the end of this year. As for India, where talks had been stalled for three years, the two sides agreed to take 45 days to find a joint model, and if successful they will aim to conclude the Thailand-India free trade agreement within 90 days.

The government has joined forces with Thai Airways, Airports of Thailand, and the Royal Thai Air Force to set up a special operations centre, or War Room, to resolve the crisis of stranded passenger baggage from Thai Airways. Deputy Prime Minister and Transport Minister Phiphat Ratchakitprakarn said the accumulated backlog of baggage exceeds 10,000 pieces, and that roughly 1,800 pieces have recently been sorted and returned to passengers, leaving a target of about 8,000 pieces still to be cleared. Some of these are piled up in the area in front of the apron, while about 4,000 more are in the transfer baggage, or TBT, area inside. The goal is to finish between the 1st and 2nd of this month. Thai Airways and AOT have been ordered to report progress to the Ministry of Transport and the Civil Aviation Authority of Thailand every 8 hours, with an additional 100 personnel from the Royal Thai Air Force and 12 more sets of cargo-handling machinery brought in. Chai Eamsiri, Chief Executive Officer of Thai Airways, said staffing on site has returned to about 90% and operational personnel to 80%. Outbound flights will increase to 105 on October 2, with a target of restoring normal levels of 115 flights within 7 days. Thai Airways confirmed it will take responsibility for all damages, both for lost baggage and for passengers who miss flights, and confirmed it will not close its cargo warehouse.

Thai Airways, or THAI, has announced an embargo on inbound, outbound and transshipment cargo at its cargo warehouse at Suvarnabhumi Airport from October 1 to 6, 2026, effective from 00:01 on October 1, 2026, to 23:59 on October 6, 2026. The Cargo Operations Department of Thai Airways International Public Company Limited said flooding in the area continues to affect employee travel, particularly staffing, leaving some employees unable to report to work as normal. As a result, warehouse operations have been significantly affected, both in delivering cargo to customers and in dispatching cargo to scheduled flights, leading to a large backlog of goods. The company therefore needs to temporarily suspend acceptance of such cargo in order to manage available manpower and resources and to maintain safety and operational efficiency. Diplomatic documents, live animals, human remains and mail are exempted. The company apologizes for any inconvenience caused by the situation.

Bloomberg reports that severe flooding in Thailand is beginning to have a broad impact on key business sectors, including airlines and the automotive industry, after several days of continuous heavy rain. The cabinet approved a budget of approximately 4 billion baht, or about 119 million dollars, for relief measures for those affected by the floods. Thai Airways International Public Company Limited canceled a total of 22 domestic and international flights scheduled between September 29 and 30, after a large number of employees were unable to travel to work. As a result, more than 5,000 passenger bags were left stranded at Suvarnabhumi Airport, and Thai Airways also cut its service capacity by about 30 percent from the previous level of roughly 110 flights departing Bangkok per day. Chai Eamsiri, chief executive officer of Thai Airways, expects services to return to normal within 72 hours. Meanwhile, Thai Airways shares fell as much as 2.4 percent. Honda Motor suspended motorcycle production at one of its plants in Thailand on Monday and Tuesday and expects to restart the production line on Wednesday. However, the Federation of Thai Industries said the automotive industry as a whole has not yet been significantly affected and maintained its car production target for 2026 at 1.45 million units. Authorities are closely monitoring the situation in Prachin Buri and Rayong provinces, and the floods have also affected 155 schools in Bangkok, with some facing continuous flooding for four to five days, after Bangkok received more than 300 millimeters of rain in just two to three days.

Shares of Thai Airways International, or THAI, fell 4.13% to 5.80 baht at 11:01 a.m. on September 30, 2026, amid concerns over service problems at Suvarnabhumi Airport affecting passenger flights, baggage handling, and the air cargo business. About 5,600 passenger bags remain stranded after flooding in Bangkok and surrounding provinces disrupted the travel of ground staff, slowing sorting and transport. The company aims to clear the backlog of baggage within 72 hours. Reuters reported that Thai Airways had to cut flights departing Bangkok by about 30% because of a staffing shortage, and announced cancellations on several domestic and international routes between September 29 and October 1, 2026, with a total of 37 additional flights cancelled, following earlier cancellations on some routes between September 29 and 30 covering Bangkok to New Delhi, Singapore, Kuala Lumpur, Frankfurt, Munich, and Brussels. Meanwhile, Thai Airways' cargo operations suspended inbound, outbound, and transshipment cargo at its cargo terminal at Suvarnabhumi Airport between October 1 and 6, 2026, after flooding affected staffing and left large amounts of cargo stranded. There is currently no information from the company or from securities firm research assessing the damage or the impact on profit forecasts officially. Today's weakness in THAI shares should therefore be interpreted as pressure from market concerns over short-term operational and revenue effects rather than a reflection of a clearly quantifiable financial impact.

Today's standout stocks span several key themes. Thai Airways is racing to clear more than 5,600 pieces of unclaimed baggage within 72 hours after 100% of its flights were delayed and it had to cancel a combined 60 flights per day. The airline has brought Airports of Thailand, or AOT, onto its team, while mobilising military personnel and hiring outside contractors at full capacity. Meanwhile, PLANB shares jumped nearly 7% after its board approved subscribing to 46.28% of iCare's capital increase, worth 860 million baht, extending its mobile insurance business in partnership with COM7. Analysts expect the deal to add 200 million baht in recognised profit per year, creating 11-13% upside. They recommend buying with a target price of 8.10 baht, calling it a Top Pick in the sector. MMM has launched mortgage, sale-with-right-of-redemption, and housing loans through its subsidiary Keha Songkhro Capital, aiming to grow its loan portfolio to 700 million baht by 2028 under its Jump+ plan. TASCO confirmed it holds 1.52 million barrels of Venezuelan crude oil inventory, enough to last through the first quarter of 2027, helping lift asphalt output by 10-15%. Brokers recommend buying with a target price of 18.50 baht and expect a 5.9% dividend yield. STECON expects 2026 revenue to exceed its target of 35 billion baht, with brokers forecasting 2027 revenue could reach 50-60 billion baht, driven by data centres, state megaprojects, and its infrastructure investment business.

The Constitutional Court has ruled that the Election Commission's use of barcodes and QR codes on constituency MP ballots on 8 February 2026 does not violate the constitution, after the Ombudsman filed a petition arguing that the codes could be traced back to individual voters and would breach the principle of secret voting. The court found that in practice tracing is extremely difficult and that adequate safeguards are in place. That election therefore remains valid and does not need to be rerun, and the court merely recommended considering alternative security measures for future elections. The outcome removes the most severe scenario the capital markets had feared, namely a nationwide annulment of the election leading to a political and policy vacuum. With the ruling of no wrongdoing, it is expected to be positive for overall market sentiment and for foreign investor confidence thanks to reduced political risk, especially for large-cap stocks with high foreign holdings and sectors that depend on continuity of government policy, such as construction contractors, power, industrial estates and banks, since the government can continue administering the country as normal. The investment themes that benefit most include industrial estates AMATA and WHA, power producers GULF, GPSC, BGRIM and GUNKUL, contractors STECON, CK, PYLON and INSET, banks KBANK, KTB and KKP, and component makers DELTA and HANA. Meanwhile, in overall trading yesterday, the Thai stock index closed at 1,594.30 points, down 8.07 points, while Thai Airways, or THAI, closed at 6.05 baht, down 0.10 baht or 1.36%, amid a backlog of more than 5,600 pieces of unclaimed baggage. Thai Airways management explained that the main cause was a shortage of manpower, especially baggage handling teams and staff holding ground operation licences who were affected by flooding and unable to travel to work. In addition, Bangkok is Thai Airways' main aviation hub, so when a large number of employees are affected at the same time, the operating system comes under heavy pressure. The issue arose while Thai Airways is pressing ahead with its rehabilitation plan and its operating results have begun returning to profit. What the market and investors must therefore monitor from here on is not just the numbers in the financial statements, but also the efficiency of the operating system and the ability to cope with a crisis.

Analysts at Yuanta Securities (Thailand) assess that the six consecutive days of net selling of Thai stocks by foreign investors, worth 19.8 billion baht, is merely short-term portfolio adjustment. Yesterday net selling accelerated to 7.685 billion baht, the highest in 29 trading days, in line with capital outflows from the region as US bond yields rose. But the heavier net selling of Thai stocks by foreigners during this period is expected to also stem from concerns over the government's water management. Although traffic on main routes has begun returning to normal, many areas remain heavily flooded due to water drainage, compounded by ground-handling problems at Thai Airways that could affect the tourism sector during this period. It is expected that after Friday's non-farm payrolls report, US bond yields will begin to slow their rise, prompting foreigners to return to net buying in the Thai stock market to speculate on third-quarter 2026 earnings during the earnings season from mid-October onward.

The Thai National Shippers' Council (TNSC) has called on the government to urgently and sustainably resolve the congestion problem at Suvarnabhumi Airport's cargo terminal, after the cargo operations division of Thai Airways International issued a notice on 28 September 2026 asking customers to limit and delay the delivery of outbound cargo between 29 September and 3 October 2026 in order to reduce the backlog. As a result, a number of airlines announced a temporary suspension of outbound cargo carriage, disrupting exports that could not be delivered to buyers in destination countries on schedule. TNSC Chairman Thanakorn Kasetsuwan said that although the notice was prompted by a disaster in Bangkok and its vicinity that prevented employees from travelling to work, the fact is that Suvarnabhumi Airport's cargo terminal has faced continuous congestion because cargo volumes have grown for several years, and since late 2025 the Civil Aviation Authority of Thailand has tightened pre-loading cargo inspections in line with International Civil Aviation Organization standards, putting outbound cargo at risk of missing flights, while in some cases inbound cargo takes about seven working days to leave the area and reach factories. The TNSC therefore proposes that Airports of Thailand procure additional channels and space to handle cargo in the short term, support investment in explosive trace detection equipment and explosive detection dogs, and establish an off-airport security screening centre; accelerate certification of Known Consignor and Regulated Agent standards to cover the supply chain; and speed up development of a National Cargo Community System to provide real-time visibility of cargo status. On 30 September 2026, the TNSC will submit these views and proposals to the Ministry of Transport to press for further action.

Chai Eamsiri, Chief Executive Officer of Thai Airways International, or THAI, announced that all backlogged baggage will be cleared within 72 hours, after 100% of flights were delayed over the past two days, September 26-27, due to a labour shortage caused by flooding problems. More than 5,600 bags remain backlogged, which is considered very high, so the company decided to cancel flights to Set Zero and prevent new flights from mixing with the backlogged bags. It is also coordinating with Airports of Thailand, or AOT, to request more than 100 military personnel from the Ministry of Defence and the Royal Thai Air Force, as well as hiring two transport companies and Thailand Post, which AOT helped arrange to increase to three, to help manage the return of bags to passengers. Some passengers are being allowed to collect their bags themselves at the terminal, while others will have them delivered, with notifications to be made via the Thai Airways Facebook page. Chai said that of the more than 500 workers, divided between licensed staff and general labourers, only about 200-300 came to work today, so headquarters staff have been pulled in and absent workers called back to help, with compensation offered. He confirmed that this was not caused by a staff strike but by employees' personal circumstances, and that the problem is a frontline issue, not a policy one. This afternoon Thai Airways will set up a desk to receive damage reports and compensate passengers affected by the backlogged bags and delayed flights, possibly at a point inside Suvarnabhumi Airport's passenger terminal. Meanwhile, the cargo warehouse is heavily overfilled, so customers are being urged to collect their goods as soon as possible.

Chai Eiamsiri, Chief Executive Officer of Thai Airways, apologised to passengers after nearly 100% of flights were delayed due to severe flooding, with fewer than 3% of flights departing on time. The company decided to cut capacity by roughly 30–40% by cancelling and merging about 30 flights out of more than 110 flights per day, while transferring passengers to partner airlines. The main cause was that ground personnel and specialised skilled staff whose accommodation is in flooded areas could not travel to work, with a shortage of more than 200–300 workers out of the roughly 500 needed, leaving about 5,600 pieces of baggage stranded at Suvarnabhumi Airport. Thai Airways requested cooperation from the Ministry of Defence and the Royal Thai Air Force to deploy about 100 personnel along with vehicles to transport employees in the affected areas, and is working with Airports of Thailand, Thailand Post and three private delivery providers to speed up the return of baggage to passengers. It aims to restore operations to normal within 72 hours and has set up compensation counters for both delayed baggage and delayed flights. Thai Airways shares closed at 6.05 baht, down 0.10 baht, or 1.63%, with trading value of 447.67 million baht.

Surasak Phanchareonworakul, Minister of Tourism and Sports, said at Government House on September 29, 2026, that he had visited the area to follow up on the problem of unclaimed luggage piling up at Suvarnabhumi Airport, especially the portion for which Thai Airways International Public Company Limited, or THAI, is responsible, including some baggage-handling services it provides for other airlines. He found that passengers had to wait 5 to 6 hours to collect their bags, and some waited even longer. The cause was heavy rain, which prevented Thai Airways baggage handlers from reaching work, leaving too few staff, so work piled up and large numbers of bags were left stranded. Thai Airways has requested military personnel to help move the bags and plans to deliver them to travelers' homes or hotels. Meanwhile, General Adul Bunthamcharoen, Minister of Defence, entered the area again and coordinated military personnel along with hundreds of reserve officer training students to provide additional help. Surasak said the delay problem lies with Thai Airways because it tried to assign staff to serve other airlines whose work it had taken on in order to avoid penalties, causing Thai Airways itself to be the most delayed. He called on the executives to work more proactively or resign if they do not want to do the job. Thai Airways expects that after the flooding recedes and staff return to work as normal, it will take about another 3 to 4 days to return to normal conditions.

Thai Airways, or THAI, issued an apology to passengers after nearly 100% of its flights were delayed over the past three days. Chai Eamsiri, Chief Executive Officer of Thai Airways International Public Company Limited, disclosed that the main cause was flooding in the outskirts of Bangkok, where operational staff live, preventing them from traveling to work as normal. This was especially true for staff holding specialized operating licenses, such as load masters and apron machine control officers, only half of whom were able to report for duty. Although coordination was made with the military to send trucks to pick up employees at their homes, obstacles remained because some employees had to care for their families in areas where water levels were still high. At the same time, more than 5,600 pieces of unclaimed baggage had accumulated at Suvarnabhumi Airport, and warehouses were overflowing because receiving operators could not come to collect goods. Thai Airways therefore reduced flights departing from Bangkok by about 30% from roughly 110 flights, and received support of more than 100 personnel from the Ministry of Defence and the Royal Thai Air Force, as well as pulling office staff into frontline duties. It coordinated with Airports of Thailand Public Company Limited, or AOT, to arrange space at the main terminal for passengers to retrieve their bags and to deliver bags to homes through three logistics providers, including Thailand Post Company Limited. It also prepared to set up assistance service counters and to consider compensation according to standard criteria. Chai confirmed that this incident was a natural crisis, not caused by a strike or malicious intent by employees, and set a goal of urgently resolving the backlog of baggage and restoring flight systems to normal within 72 hours.

Thai Airways said flooding in Bangkok and surrounding provinces prevented employees from travelling to work, leaving more than 5,600 passenger bags stranded and delaying nearly 100% of flights, with fewer than 3% of its more than 110 daily flights departing on time. Chai Eamsiri, Chief Executive Officer of Thai Airways International Public Company Limited, said the problem stemmed from shortages in two main groups of staff: general workers, who normally number more than 500 a day but of whom only about 200 to 300 reported for duty, and specialised personnel such as Load Masters, of whom about 45 are normally used each day but only about 20 were available. The company therefore cut capacity out of Bangkok by about 30 flights, or roughly 30% of its capacity, while also combining flights, cancelling some services and in some cases transferring passengers to other airlines. On clearing the backlog of baggage, the company aims to move more than 5,600 bags within 72 hours by increasing its ground handlers to three from two, working with Thailand Post, bringing head-office staff in to help at the terminal, and coordinating with the Royal Thai Army for GMC vehicles to transport specialised personnel. The Royal Thai Air Force is providing about 100 personnel, while Airports of Thailand Public Company Limited is providing space and staff to handle the stranded baggage.

The Royal Irrigation Department has increased water discharge below Chao Phraya Dam to 2,000 cubic metres per second after continuous heavy rainfall accumulated in the northern region and the Chao Phraya River basin. Meanwhile, the Pa Sak South Water Delivery and Maintenance Project will gradually raise discharge through Rama VI Dam to around 600 to 700 cubic metres per second during 28-29 September 2026, with adjustments to be made based on actual water volumes and conditions. At today's Cabinet meeting, a budget framework will be approved for relief and rehabilitation for flood victims, with the government preparing a central budget of 2 billion baht to cover it. In Bangkok, rainfall has eased and drainage operations continue in many areas, with several roads returning to normal traffic, though some communities remain deeply flooded, including Klong Chan Housing, Rom Klao Housing and the Athletes' Village. Suvarnabhumi Airport is facing a backlog of luggage and flight delays, with Thai Airways International mobilising staff and receiving assistance from the military to speed up sorting and returning bags to passengers, while adjusting plans to cancel some flights late in the month. In addition, Keerati Weluwong, Director of the Public Debt Management Office, will join a press conference on the success of the social bond issuance by the Neighbouring Countries Economic Development Cooperation Agency, the first agency under the Ministry of Finance to issue this type of bond.

Thai Airways International Public Company Limited, or THAI, has announced the cancellation of some flights between September 29 and 30, 2026, after being affected by flooding in Bangkok and its surrounding areas. For September 29, 2026, Thai Airways cancelled flights on the Bangkok–Udon Thani route, flights TG008/TG009; Bangkok–New Delhi, TG315/TG316; Bangkok–Singapore, TG407/TG408; Bangkok–Kuala Lumpur, TG415/TG416; and Bangkok–Frankfurt, TG922/TG923. For September 30, 2026, it cancelled flights on the Bangkok–Munich route, TG924/TG925, and Bangkok–Brussels, TG934/TG935. Passengers can inquire for further details at the THAI Contact Center by calling +66 2 356 1111 around the clock, or by email at contact@thaiairways.com. Thai Airways apologises for the inconvenience caused.