The source for all Tourism, Hotel and Real Estate news in Phuket.

Thai Airways Says No To Low-Cost Airline

Insider Story Locations

Find our most recent stories tagged by their locations. Click here for more story locations.

Posted: 24 Aug 2012 | 6:00 am

Mounting losses at legacy carrier Thai Airways International have forced it to put plans for a budget airline on the shelf.

An immediate priority is to shore up its existing poor financial results after a poor mid-year result and substantial shortfall in 2011.

Coming into focus will be the recently launched regional carrier Thai Smile which remains a question mark in terms of marketing position.

Thai's ownership stake in budget carrier Nok Air where is maintains a minority position looks set to be re-evaluated.

For now Asia's legacy national airlines are continuing to come under the gun by the fast developing low-cost sector.

DO YOU LIKE THIS?

Post a Comment

Your comments will appear after approval. Please stay relevant to this blog entry.

 
 
 
 
 

The Green Report

A column featuring environmental issues and conservation around the island. Click here for more Green Reports check out the latest story from the leading experts:

TV Show Features Phuket Solar Villa

A recent Channel News Asia television segment Boomtown Asia checked into the island's environmental, and sustainable tourism sectors.

Resorts Loving Evening Breeze Natural Air System

The innovative Evening Breeze environmental cooling system is gaining global attention in the resort markets and villas.

 
THAI HOTEL SHARE PRICES
Name Current Change

CENTEL 37.50 + 0.25 %

DTC 60.00 - 0.25 %

ERW 5.30 + 0.15 %

GRAND 1.64 + 0.04 %

LRH 42.75 - 0.25 %

MANRIN 28.75 + 0.75 %

MINT 26.75 - 1.25 %

ROH 22.00 + 0.20 %

SHANG 58.50 + 0.50 %

*Disclaimer.

 
VIDEO FEATURES

Richard Branson/Airasia - Coffee Tea or Me

More Videos...

 
 
 

Stay Connected

  • Facebook
  • Twitter
  • YouTube
  • RSS
  • 1Report
  • Follow Us on Pinterest
 
CURRENCY CONVERTER
 

*Disclaimer.

 

Insider Contact

Please complete all fields.