Thai Airways will cut 1,401 jobs in 2015 through voluntary retirement as part of efforts to cut operating costs and capacity by 20 per cent over the next two years. It will also stop its loss-making flights to Rome and Los Angeles, with further route cuts expected before the end of the year. Thailand’s military government is reforming a number of state-controlled enterprises, one of which is the country’s national carrier with restructuring to include a reduction in employees numbers and the … [Read more...] about Thai to cut 1,401 jobs via voluntary retirement
Thai Airways
THAI continues to operate to EU destinations
Thai Airways International Public Company Limited (THAI) announces that it will continue to operate as normal to European destinations. In a statement, THAI president Charamporn Jotikasthira said that the European Union did not list Thai Airways International in the “List of airlines banned within the EU”, despite the International Civil Aviation Organization (ICAO) posting a red flag on Thailand’s Department of Civil Aviation (Thai DCA). In February 2015, the ICAO had … [Read more...] about THAI continues to operate to EU destinations
Thai carriers in trouble after ICAO safety audit
A January audit by the International Civil Aviation Organisation (ICAO) has raised serious safety concerns over Thailand’s commercial aviation standards. Already China, South Korea and Japan have stopped Thai carriers from flying charters and new routes because of safety concerns highlighted by the international safety audit. The problem also threatens to become graver for Thailand should other jurisdictions including the US and the European Union take … [Read more...] about Thai carriers in trouble after ICAO safety audit
Thai to exit freighter services, sell off 22 aircraft
Thai Airways has announced the latest step in its major restructuring plans that will see it sell off 22 of its aircraft and terminate freighter services as it struggles to overcome seven straight months of losses. The carrier - with nearly US$5.9 billion in debts - will cease operating its final two B747-400BCF services by end of the month. Thai Airways was once a leader in the cargo market, but the company has stopped and started its freight services multiple times in recent years. The … [Read more...] about Thai to exit freighter services, sell off 22 aircraft
Thai eyes return to profits, begins restructuring
Thai Airways International said last week it expects to return to profit earlier than expected in the fourth quarter and will cut 1,500 jobs this year as part of a restructuring plan at the troubled national carrier. The loss-making carrier also said it would shed more than a quarter of its full-time employees by 2018, the first major job cuts announcement since the restructuring was approved last month. Thai Airways had previously said it planned to cut costs and prioritise certain … [Read more...] about Thai eyes return to profits, begins restructuring
Singapore Airlines latest to end shark fin shipments
Singapore Airlines has followed the lead of other major airlines by announcing it will end the carriage of shipments of shark fins. "SIA Cargo has been carrying out a thorough review, taking into account the increasing concerns around the world related to shark finning. With effect from August 1, it will no longer accept the carriage of shark fin," Nicholas Ionides, SIA vice-president of public affairs said in an email. The carrier came under increasing pressure from environmental … [Read more...] about Singapore Airlines latest to end shark fin shipments
