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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.
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:
A recent Channel News Asia television segment Boomtown Asia checked into the island's environmental, and sustainable tourism sectors.
The innovative Evening Breeze environmental cooling system is gaining global attention in the resort markets and villas.
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