Government upbeat on steady credit rating

Government upbeat on steady credit rating

The government remains confident that credit rating agencies will maintain Thailand's sovereign credit rating at its current level thanks to the strength of Thai financial institutions and the country's ability to retain fiscal discipline after the Covid-19 crisis.

US reinstates Thailand’s top aviation safety rating

WASHINGTON, April 24 — The United States (US) Federal Aviation Administration upgraded Thailand’s air safety rating to “Category One” on Wednesday, a decade after a downgrade, paving the way for direct US-Thailand flights to resume. Thai airlines could not launch or expand services to the US, either directly or as a code-share partner, under the “Category Two” rating the International Civil Aviation Organization had assigned in 2015 due to a sho…

US FAA reinstates Thailand's IASA Category 1

The US Federal Aviation Administration (FAA) has reinstated Thailand's Category 1 International Aviation Safety Assessment rating, allowing Thai-based carriers to fly to the United States. The FAA confirmed the change on April 23, 2025. Late last year, Thailand's aviation sector underwent an FAA evaluation pending reclassification. A final meeting took place between FAA and Civil Aviation Authority of Thailand (CAAT) officials in March. "This is…

Thailands Aviation Safety Rating Upgraded to Category 1 by FAA, Opening Doors for U.S. Flights - The Phuket Express

The Phuket Express =-=-=-=-=-=-=-=- BANGKOK, April 22, 2025 — The U.S. Federal Aviation Administration (FAA) has officially restored Thailand’s aviation safety rating to Category 1, stating that the country now complies with international civil aviation safety standards set by the International Civil Aviation Organization (ICAO). The announcement, made today by Thailand’s Ministry of Transport, reversed a downgrade to Category […] Thailands Avia…

The Thai aviation industry has benefited from a favourable measure thanks to the increase of the country's Category 2 safety note to Category 1 by the Federal Aviation Administration (FAA) of the United States. Thai Minister of Transport, Suriya Jungrungruangkit, announced on Tuesday that the FAA website now includes Thailand among the countries meeting the International Civil Aviation Organization (ICAO) safety standards. This upgrade enables t…

FAA Returns Thailand to Category 1 Aviation Safety Rating - The Bulkhead Seat

The Federal Aviation Administration (FAA) upgraded Thailand’s aviation safety rating from Category 2 to 1. This means that the Civil Aviation Authority of Thailand (CAAT) is compliant with international safety standards and can once again fly to the United States and participate in codeshare agreements for the first time in a decade. Mexico was bumped up from Category 2 to 1 in the fall of 2023. The Federal Aviation Administration (FAA) returned…