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Old March 31st, 2010, 09:43 PM   #601
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Air Berlin cuts its flights to Thailand

Bangkokpost Published: 31/03/2010 at 12:00 AM


Air Berlin, Germany's second largest airline, is to cut back the capacity for flights between Thailand and Germany by nearly 40% starting on May 2 mainly in response to low-season demand.

The low-fare carrier will slash frequencies to eight flights a week from 13 flights currently, with the suspension of two routes in the May-October period.

Bangkok-Munich and Phuket-Berlin will be suspended, while Bangkok-Dusseldorf, Bangkok-Berlin and Phuket-Munich routes will remain on the summer traffic schedules.

The airline will continue to use Airbus A330-200 wide-body jets, with 279 seats in economy class and 24 in business, for the Thailand-Germany routes.

Air Berlin executives in Bangkok said the cutback was pre-planned for slow summer demand and had little to do with Thailand's current political turmoil.

The airline said that so far, it had experienced no effects from the red-shirt demonstration and continued to fill 90-100% of its seats.

"Our booking numbers are still very good, which can be seen in our average load factor of 98% for flights out of Bangkok. There are no requests for cancellations," said Stefan Magiera, general manager Thailand for Air Berlin PLC & Co Luftverkehrs KG.

"Therefore, we have not noticed any major negative consequences yet."

The assurances came despite an EU travel advisory for its citizens to exercise caution when travel to Thailand.

Air Berlin's flights out of Bangkok are fully booked during Songkran as many Thais holiday in Europe, said Rungnapa Leechaianan, head of marketing and sales at Air Berlin's Bangkok office.

A promotion until April 30 with all-inclusive round trips to Germany for about 25,000 baht and flights to other European cities in Air Berlin's network at about 28,000 baht should ensure high cabin factor in May and June.

The agreement by Prime Minister Abhisit Vejjajiva and the red-shirt leaders to come to the negotiation table to find a solution to the political impasse should improve sentiment among foreign travellers, she said.

Under the new flight schedules, Air Berlin offers four flights a week between Bangkok and Dusseldorf, three flights on Bangkok-Berlin and one flight a week on Phuket-Munich.

Air Berlin has had a code-share deal with Bangkok Airways which allows the German airline to feed its passengers from many German cities to the domestic network operated by the Thai privately owned carrier.

Last year, Air Berlin, Europe's fifth largest airline, carried 27.9 million passengers. It has one of the industry's youngest fleets, averaging 5.5 years.
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Old April 2nd, 2010, 10:08 PM   #602
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Thai Air plans to launch services within 3 months

Bangkokpost Published: 2/04/2010 at 12:00 AM


Thailand could see a new carrier called Thai Air get off the ground in the next three months.

The airline is being promoted by Thai Airlines Holdings Co (TAH), registered by some shareholders of Orient Thai Airlines, which also controls the budget carrier One-Two-Go.

Details of the proposed airline remain sketchy, though Wuthichai Singhamanee, director-general of the Department of Civil Aviation (DCA), confirmed the company's existence.

He said DCA extended an airline operating licence to TAH a year ago for it to operate domestic and regional routes under the name "Asia Budget".

The DCA chief said TAH's management and shareholders were undergoing some changes - a statement confirmed by an industry source.

The source said TAH had yet to settle details relating to the proposed airline's shareholders and its business plan.

The company was registered with 250 million baht capital in January 2008, according to official records.

Mr Wuthichai said he had yet to check the validity of the licence, which will be revoked if operations do not start within a year of its issuance.

The DCA also needs to ensure that TAH does not alter the airline's name or use a name too similar to another carrier - such as Thai Airways International, often called Thai Air - without prior official approval, he said.

In recent years, the DCA has been strict with airlines that fail to start operations within the set timeframe from being granted operating licences.

The authorities have also raised the required registered capital for a startup airline several times to 200 million baht, with a minimum Thai holding of 51%, to deter less serious investors.

TAH began recruiting cockpit and cabin crew this week. It has advertised for pilots who can fly Boeing 737s, single-aisle jets capable of carrying about 130 passengers.

This indicates that Thai Air intends to fly routes with a maximum range of four hours - domestic routes or flights to neighbouring countries.

In the classified ad, Thai Air described itself as "a brand new airline with a vision for the highest safety standards, while reflecting a sense of Thai hospitality through its customer service". It said it expects to officially launch at mid-year.

Thai Air may be promoted as a sub-brand under the umbrella of the Orient Thai Group, pooling resources with Orient Thai and One-Two-Go.

Orient Thai operates just one route - Bangkok-Hong Kong - on a daily basis, as well as charter services.

One-Two-Go, is still recovering from the damage to its image from a 2007 crash in Phuket that killed 89 people.Both carriers are effectively run by their founder, Udom Tantiprasongchai.
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Old April 8th, 2010, 10:11 PM   #603
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Thai Airways plots recovery from cancellations

THE NATION Published on April 9, 2010


Thai Airways International (THAI) is working with luxury malls Siam Paragon and CentralWorld to prepare campaigns to bring customers back to the Rajprasong area, which is still occupied by red-shirt protesters.

"The airline and the two shopping malls are planning new promotions, which are expected in May or early June, aimed at encouraging customers and increasing spending after the end of the red-shirt rallies," said Pruet Boobphakam, a THAI executive vice president.

He said passengers travelling with THAI would be able to use their boarding pass to receive discounts on many items at both shopping malls.

Pruet said the airline received average forward bookings for April at 40-50 per cent, lower than the 50-60 per cent recorded in April last year.

Key falling markets are Japan, South Korea, China, Australia, India, Hong Kong and Singapore. The number of bookings from Europe has also fallen, but that was partly in response to the arrival of the normal low season.

He said the number of bookings from Singapore, Malaysia and Hong Kong for weekend visits had also plunged as the red-shirt demonstrations spread in Bangkok.


"Bookings from overseas during a-re also lowered than expected," Pruet said.

To keep passengers, THAI is encouraging overseas customers to travel to other destinations, such as Bali in Indonesia and other countries in Southeast Asia.

Tassapon Bijleveld, chief executive officer of Thai AirAsia, said some passengers who planned to travel to Bangkok during the Songkran festival had asked the airline to route them to other destinations or to change their travel dates to avoid violence.

But the airline said it had not seen any cancellations so far. It expects an 82-per-cent load factor during the festival.


Yongyut Lujintanon, marketing manager for Thailand and Burma at Cathay Pacific, said it had received cancellations of 5-10 per cent of advance bookings.

Tourism and Sports Minister Chumpol Silapa-archa said the tourism sector had not been not been damaged despite the demonstrations, and total arrivals were up compared to the same period last year.
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Old April 8th, 2010, 11:10 PM   #604
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Some thai people looks like Bolivians... wonder why
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Old April 18th, 2010, 09:47 PM   #605
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THAI cancels flights to and from Europe

Bangkokpost Published: 17/04/2010 at 12:00 AM


Thai Airways International has cancelled 10 flights to and from Europe.

Flights to London (TG 910), Paris (TG 930), Copenhagen (TG 950), Oslo (TG 954) and Stockholm (TG 960) were cancelled last night.

Also suspended were five return flights: London (TG 911), Paris (TG 931), Copenhagen (TG 951), Oslo (TG 955) and Stockholm (TG 961), the airline's press release said.

The return flights normally arrive back in Bangkok in the early morning.

The flight cancellations were caused by the volcanic eruption under the Eyjafjallajokull glacier in Iceland which forced the closure of airspace in Scandinavia and Northern Europe.
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Old April 20th, 2010, 09:37 PM   #606
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New draw in Bangkok for the private jet set Mjets taps niche executive market

Bangkokpost Published: 19/04/2010 at 12:00 AM


Thailand's first private jet terminal is up and running, a move expected to turn Bangkok into a major transit point for corporate and wealthy travellers in the region.


The 50-million-baht terminal, complete with a spacious luxury lounge, two hangars and a full range of facilities and services for private aircraft, was built at Bangkok's Don Mueang International Airport by Mjets Ltd.

Mjets, a private company partly owned by Minor Group founder Bill Heinecke, won the bid called by Airports of Thailand Plc (AoT) to build and operate the facility under a five-year concession.

The company topped Royal Airport Services, the only other bidder, by offering AoT 35.7 million baht, more than RAS's proposal of 26 million.

The Mjets facility, which is situated at the former VIP terminal at Don Mueang, is the first that AoT has allowed, though it has plans for the private sector to do the same at Phuket and Chiang Mai International Airports to attract luxury traffic.

Jaiyavat Navaraj, managing director of Mjets, said the venture did not offer a quick return on investment but offered an exclusive facility previously lacking in Thailand.

The company sees the terminal as a cornerstone if Thailand is to become a hub for international executive and private jets similar to Singapore's Changi Airport and Kuala Lumpur's Subang International Airport, he noted.


There is increasing private jet traffic in the region and many stop elsewhere for fuel or other services because Bangkok lacked a facility, he said.

The rising number of private jet owners and charters in China and India, spurred by the two countries' growing wealth and business travel, could be a boon for Thailand because their air routes criss-cross through the kingdom.

But the company does not expect a sudden surge in private jet stopovers in Bangkok as it will take time for the facility to become known internationally.

Since its soft opening on March 16, Mjets, manned by 40 personnel including three expats, has handled more than 50 flights. This year, it expects to cater to 45 executive flights a month, up from a monthly average of 25 flights estimated last year. The company aims to expand its business by 10% annually.

The Don Mueang facility is capable of handling 50 flights a month from jets the size of a Gulfstream G550 ultra-long range business jet (maximum take-off weight of 45 tonnes).

Mjets expects its balance sheet will be in the red for its first two years of operation before hopefully moving to the black the third year.

Mr Jaiyavat said the Mjets facility had cost advantages over players in the region, with the service charge 40% less than Hong Kong. It also offers parallel services through its terminal and chartering of the Cessna Citation X, Cessna Citation CJ3 and Piper Malibu Mirage propellers.

These aircraft were previously offered by Minor Aviation, the company that evolved into Mjets.
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Old April 22nd, 2010, 10:04 PM   #607
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THAI resumes Europe routes

Bangkokpost Published: 22/04/2010 at 12:00 AM


Thai Airways International has resumed nearly all of its flights to Europe as airspace closed by the volcanic eruption in Iceland gradually begins to reopen.

The carrier will add extra flights to help about 30,000 stranded passengers, including about 16,000 in Thailand, to return home.

THAI was offering services to 13 European cities with the exception of Munich late yesterday afternoon.

THAI has been scrambling to get landing and take-off slots at the airports that are now open as other international airlines battle to help clear a massive backlog of passengers.

"It may take days or even weeks to clear the backlog of passengers," Surapol Isarakura na Ayutthaya, head of crisis management at THAI, said yesterday.

International aviation experts also said the backlog of stranded passengers could take airlines weeks to resolve following the eruption of Iceland's Eyjafjallajokull volcano last week.

Ash drifting over Europe has forced the cancellation of more than 95,000 flights since April 15, affecting 1.2 million passengers a day and costing airlines more than 60 billion baht in lost revenue until Tuesday, the International Air Transport Association estimates.

THAI president Piyasvasti Amranand said the disruption to European flights was costing THAI more than 100 million baht a day.

But the resumed THAI flights to Britain might not be through London's Heathrow airport, but through other British airports such as Manchester, Mr Surapol said.
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Old April 26th, 2010, 09:19 PM   #608
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THAI ready to submit fund-raising plan

By THE NATION Published on April 27, 2010


Thai Airways International is completing its financial plan for review by the Finance Ministry before seeking more capital.

"The airline has been retrenching, particularly through the reduction of privileges to directors and their families, which cost it about Bt700 million a year," Supa Piyajitti, director-general of the State Enterprise Policy Office, said yesterday.

However, THAI must show further how to wean itself from the ministry's loan guarantees, keep cutting non-fuel expenses and increase revenue.

THAI has reduced the domestic and international ticket perks for directors and the overseas accommodation budgets of high-ranking officials.


THAI plans to raise Bt20 billion, mainly to refinance debts. It recently also won Cabinet approval for Bt50 billion to fund fleet expansion and operations improvement.

Kulit Sombatsiri, deputy director-general, said SEPO is considering the fund-raising options, which could include the borrowing of Bt30 billion.

"The timing is not yet fixed. But it is expected that the fund-raising plan will be submitted to the Finance Ministry by June so that it could be completed by the third quarter," he said.


Finance Minister Korn Chatikavanij has expressed concern over the huge sum that THAI wants to raise. He said his ministry stands ready to inject more capital into THAI, but only when the national carrier can show how the ministry will get a return on its investment.

To reduce the government's financial burden, the ministry considered reducing its holding of 50.1 per cent in THAI. That would take time, though, as THAI's aircraft procurement financing so far has required the ministry's guarantee. That burden must be tackled before further privatisation.

THAI's last recapitalisation was in 2000. At present, it is capitalised at Bt17 billion. With Bt201 billion of debt against shareholders' equity of Bt48 billion, its debt-to-equity ratio is 4.4 times.
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Old April 28th, 2010, 10:02 PM   #609
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THAI returns to normal schedules for EU flights

By The Nation 29/04/2010


Throughout April 18-28, Thai Airways International flew 8,656 stranded passengers to their destinations, of which 6,216 passengers were flown on the 28 supplementary flights while 2,440 flew on regular scheduled flights.

Of the 28 supplementary flights, 13 were outbound and 15 were inbound.

THAI resumed the flight with the opening of European airspace by Eurocontrol starting from April 18. During April 16-23, there were 115 flight cancellations, 59 outbound and 56 inbound. .

President Piyasvasti Amranand said that from today THAI will now operate only regular scheduled flights.
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Old May 2nd, 2010, 06:26 PM   #610
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PTTAR studying jet biofuel potential

Bangkokpost Published: 30/04/2010 at 12:00 AM


PTTAR studying green jet fuelPTT Aromatics and Refining Plc, the country's largest aromatics maker, is studying the potential of producing biofuel for aviation, says president and CEO Chainoi Puenkosoom.

''We are currently in the process of working with the Energy Ministry on a biofuel project, which will concentrate on green jet fuel,'' said Mr Chainoi.

In the next two years, airplanes that fly into Europe will need to use biofuel or pay for carbon credits. Producing aviation biofuel would put Thailand in a leading position in the global green fuel industry.

''Currently Europe has invested in Singapore to work on carrying out this project, and if our country does not have it, airplanes probably won't head to Thailand,'' said Mr Chainoi.

Green jet fuel will use palm oil as the raw material and hydrogen in processing.

''We will have to look at whether it really produces benefits, whether it will deplete food stocks, as well as the technology and the amount of raw material that is needed,'' said Mr Chainoi.

PTTAR, which also runs an oil refinery, said its gross integrated margin (GIM) for aromatics, refined oil and other petrochemical products in the first quarter has been larger than expected.

''We did not expect so many shutdowns [of refineries across the globe]. If the world economy sees a real recovery, we should see better figures,'' said Mr Chainoi.

Many older refineries in the United States and Europe have closed because they are no longer cost-competitive.

As a result, PTTAR's GIM excluding stock gains and hedging costs, was US$6.70 a barrel, up from $2.29 in the same period last year.

Market demand for benzene and paraxylene (PX), the two main products of PTTAR's aromatics business, has been healthy, led by China.

''Many countries spent money to stimulate their economies, especially China, which helped its textile industry. This has increased demand for PX since the first quarter of 2009,'' said Mr Chainoi.

Benzene demand has been rising since the fourth quarter of last year, due to an increase in car sales by 80% per month, and also the lack of supply due to the closure of refineries.

The company's spread margin from condensate to PX was $418 per tonne in the first quarter this year, compared with $377 in the previous quarter. The spread margin from condensate to benzene averaged $338, compared with $232 late last year.

Net profit in the first quarter was 2.35 billion baht, up 26% from 1.74 billion a year earlier. Rising global demand for oil will help widen the company's refining margins in the second quarter, he said, without giving details.

PTTAR is also considering increasing production capacity of downstream products such as phenol and benzene to serve growing market demand.

Next month, parent PTT is expected to announce a consolidation plan for its petrochemical and refinery businesses, expected to be complete in six months.
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Old May 2nd, 2010, 06:29 PM   #611
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I'd like to see someone start an airline called Air Siam or Siam Airlines and see if they'd dare compromise safety regulations.
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Old May 4th, 2010, 04:32 PM   #612
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Quote:
Originally Posted by ddes View Post
I'd like to see someone start an airline called Air Siam or Siam Airlines and see if they'd dare compromise safety regulations.
I don't know.
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Old May 4th, 2010, 04:33 PM   #613
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Air Berlin offers incentives

Bangkokpost Published: 4/05/2010


Air Berlin is offering financial incentives to encourage travel agents in Thailand to increase ticket sales in a bid to counter expected sluggish travel demand.

The airline, Germany's second-largest after Lufthansa, now offers a cash voucher for every round-trip ticket sold by an authorised travel agent this month. The incentive is in addition to the regular commission.

Carriers with operations in Thailand, such as Air Berlin, are providing special deals for sales agents and passengers. The measures are aimed at countering the seasonal fall in demand, which is being exacerbated by the Kingdom's escalating political turmoil.

The political upheaval is having an increasingly negative impact on tourism. More than 47 countries have advised their citizens against non-essential travel to Thailand, while 10 others asked their nationals not to visit the Kingdom at all.

Air Berlin's Bangkok-based executives yesterday described the voucher provision as a "remarkable incentive that is unmatched in the market".

Any Air Berlin ticket sold in Thailand to a wide variety of destinations within Germany and throughout Europe will be awarded with a voucher.

The incentive for agents covers tickets sales made within this month.

Air Berlin has also extended its "Summer Special" promotion, which offers round-trip economy-class tickets from Bangkok to Europe starting from only 15,500 baht (excluding taxes and fuel surcharge), to the end of this month.

Air Berlin executives said the promotion enabled the airline to nearly fill all of its seats through Bangkok last month.

Beginning this month, the carrier has cut capacity for flights between Thailand and Germany by nearly 40%.
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Old May 10th, 2010, 09:03 PM   #614
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Bangkok Air thinking locally

Bangkokpost Published: 10/05/2010 at 12:00 AM


Bangkok Airways is joining forces with local hoteliers and tourism bodies in campaigns to attract local tourists to Thai beach resorts to offset a plunge in foreign visitors.

The campaigns, offering attractive discounts, cover three resorts served by the privately owned carrier - Samui, Phuket and Trat.

The drive focuses on Samui, the airline's second hub and particularly popular among European holidaymakers, as international arrivals have plummeted after many countries advised their citizens against visiting Thailand due to its political turmoil.

Bangkok Airways' passenger numbers were down by 30% last month and by 50% so far this month, with the loss set to worsen unless the political situation is resolved soon, said vice-president Nandhika Varavarn.

Because of its heavy reliance on international tourists, who constitute 80% of its passengers, Bangkok Airways is feeling a heavy impact from the traffic downturn.

To lessen this dependence on overseas demand, the airline now wants to reduce the proportion of foreign passengers to 70%, while raising the percentage of Thais and expats to 30%.

Details of the marketing drive are expected to be finalised early this week for launch on May 15, but M.L. Nandhika said they would offer "great value."

Different tiers in the package will suit various categories of passenger, be it a two-star hotel or a five-star venue.

"Basically, anyone who buys a Bangkok Air ticket (to those three destinations) will get a hotel room, transfer service and even breakfast for free," she said.

The campaigns will run to mid-July, helping the airline, as well as hospitality and tourism companies, stay afloat during the low season.

In another marketing drive, Bangkok Airways has tied up Advanced Info Service (AIS) to offer air ticket discounts and other privileges to AIS subscribers. Other services include VIP check-in and the use of the VIP lounge for selected AIS customers until the end of the year.

The two partners did not specify how many of AIS's 29 million customers would be eligible for the promotions.
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Old May 11th, 2010, 08:57 PM   #615
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Tajikistan flights signal new interest

Bangkokpost Published: 10/05/2010 at 12:00 AM


Tajikistan plans to start direct flights to Bangkok and increase economic development co-operation with Thailand to enhance relations.

Talks took place recently between Panich Vikitsreth, the Thai vice-minister for foreign affairs, and Tajikistan President Emomali Rahmon, Foreign Minister Hamrokhon Zarifi, and Economic Development and Trade Minister Farrukh Hamraliev, when they made a brief stop-over at Suvarnabhumi Airport.

Mr Panich said that Tajikistan, a landlocked country in Central Asia, sent him an aviation agreement to open the Bangkok-Dushanbe air route for Somon Air, the national carrier of Tajikistan.

Thailand's Department of Aviation is reviewing the request for approval. Thailand and Tajikistan have had an air services agreement since 1995.

In 2005, there were only 211 Tajikistan tourists to Thailand. The number rose only marginally the following year due to the difficulty of travel.

Tajikistan places high importance on Thailand, which it views as the centre of Asean, Mr Panich said.

"We have discussed bilateral trade and investment co-operation and agreed that existing pacts on trade, investment and tourism should be used to expand co-operation more concretely," he said.

Both countries are looking forward to signing two financial co-operation pacts: the Convention for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with Respect to Tax Income.

Tajikistan also plans to send businessmen to Thailand soon, as the two countries could co-operate on hydropower technology, a field in which Tajikistan is famous.

Mr Panich said there had not been much trade between the two countries because Tajikistan is improving its economic structure.

Thailand and Tajikistan established a trade relationship in 1993, but volume has been very low due to inconvenient transport and a lack of direct flights. The trade volume last year was only 51 million baht.

Tajikistan imports electrical and petroleum products, aluminium oxide, machinery and food equipment from Thailand, while exporting aluminum, fruits, textiles, cotton and cooking oil to the kingdom.

Neither nation has set up an embassy in the other's country yet.
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Old May 12th, 2010, 08:55 PM   #616
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THAI resumes Johannesburg flights

By The Nation May 13, 2010


With the route reintroduction, THAI now serves five continents - Asia, Australia, Europe, North America, and Africa. In addition to serving an increasing number of passengers, THAI also aims to serve the air cargo market on the Bangkok-Johannesburg roundtrip route, said President Piyasvasti Amranand.


South Africa has a strong national economy, trade, and investment, with Johannesburg also the aviation centre of and gateway to South Africa. This gateway will be an added convenience for passengers wishing to connect to other South African cities.


Pruet Boobphakam, THAI executive vice president for commercial, said special promotional fares will be offered and Royal Orchid Plus members will enjoy

Fares start from Bt21,500, excluding airport tax and other surcharges, for Economy class and Bt80,640 for Royal Silk Class.


Thai Airways International Plc has resumed direct flights to Johannesburg, South Africa, with four weekly flights starting from June 2, to coincide with the World Cup 2010 during June and July.
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Old May 13th, 2010, 11:34 PM   #617
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Hub @ Suvarnabhumi Airport

image hosted on flickr


Focus @ Samai International Airport (Operate By Bangkok Airways)

image hosted on flickr
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Old May 14th, 2010, 10:01 PM   #618
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THAI quarterly profit hits Bt10.7 bn

By The Nation 15/05/2010


Thai Airways International posted the net profit of Bt10.7 billion in the first quarter this year, up sharply from Bt7.9 billion from the same period last year.

In the quarter, the total revenue rose 20.7 per cent to Bt49.8 billion, while expenses rose 15.9 per cent to Bt38.5 billion mainly on higher jet fuel prices.


THAI board of directors said in a statement after the meeting yesterday that the global economic recovery led to the increasing air travel and freight demand. Passenger and freight traffic increased by 17.7 per cent and 54.4 per cent, respectively from last year. Despite demonstrations being held in March 2010, it has not yet affected passengers this quarter.
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Old May 21st, 2010, 05:11 PM   #619
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TG faces prospect of major alterations

Bangkokpost Published: 21/05/2010 at 04:31 AM


Thai Airways International (THAI) may have to make a radical change to its near- to medium-term business plan in line with the sharp downturn in traffic caused by Thailand’s deadly civil unrest.

The flag carrier’s top management is considering all possible options including frequency cutback, rescheduling and merging flights or even suspending services in some routes.

It plans to summon all its managers stationed overseas for a meeting in Bangkok later next week to revise its business plan that reflects the grave situation in the kingdom.

Other Thailand-based airlines such as the budget carrier Thai AirAsia are deep in thought about rationalising their flight capacity to fall in line with the downturn in passenger traffic.

Airlines, especially THAI, have seen its passengers through the Suvarnabhumi Airport plummeted further in the past two days as the political turmoil turned even more bloody.

According to Airports of Thailand, total passenger throughput at Suvarnabhumi has continued to drop, falling from about 69,200 on Tuesday, to an estimate of 60,000 on Wednesday and about 55,000 yesterday.

The volume will certainly continue to diminish in the next several days, Nirandra Theeranartsin, general manager of Suvarnabhumi Airport, said yesterday.

The fallout has further compounded the low-season effect that has already left carriers struggling to fill their empty seats in the six-month period to October.

In the last few days, THAI was able to now fill 56-62% of its seats, down from about 65% earlier this month.

The airline especially saw a significant decline in passenger flows to Thailand, with fewer than half of the seats on incoming planes were filled, as more than 50 countries advised their citizens against travelling to Thailand.

Airlines are concerned about deeper and longer impact unless the political turmoil, which already claimed over 70 lives and wounded more than 1,300 people, is effectively put to rest soon.

“We definitely need to reduce capacity soon to match market demand,” Surapol Isrankura na Ayutthaya, head of the crisis management at THAI, said yesterday.

Thai AirAsia chief executive Tassapon Bijleveld also recognised the need to further reduce flight capacity in the wake of Wednesday’s surrender of red-shirt leaders and wide-spread rioting that followed.

“We’ve yet to determine the size of the cutback, pending the assessment of the fallout,” he said.

The low-cost carrier’s cabin factor stands at only about 60%, and most of its seats on flights from overseas are almost empty.

THAI is envisaging fewer bookings these days with outstanding reservations are only at 60%, an alarming low rate in THAI’s standard.

Thai AirAsia is devising a couple of campaigns to woo back passengers on the airline’s flight after the current crisis ends.

The nature of the aggressiveness of the campaigns will depend how the market responds to the political clashes turn parts of central Bangkok into a war zone, according to Mr Tassapon.

Meanwhile, Australia’s Qantas Airways let passengers delay trips to Thailand or bypass the kingdom without penalty as deadly violence escalates in Bangkok.

Passengers who have already bought tickets can defer trips in and out of the country, bypass Thailand as a stopover port and even change destinations at no extra charge, Qantas said in a statement.
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Old June 7th, 2010, 08:56 PM   #620
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THAI may show Bt5.4 bn loss in Q2

By The Nation Published on June 8, 2010


Thai Airways International may show Bt5.4 billion loss in the second quarter, as the number of tourists dropped following the political turmoil, its president Piyasvasti Amranand told leaders of over 700 airlines at the International Air Transport Association (IATA)'s annual meeting in Berlin.

However, he assured all that the political crisis is now over.


THAI will also push forward the sale of 1 billion shares within this year.


"The second-quarter result would not be favourable. I expect it to perform like the second

quarter last year when the world suffered from the global crisis and Thailand experienced violence in April," he said.
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