Thai Airways International has signed Block Space Agreement to utilize two Boeing 777-200 Long Range Freighters operated by Southern Air Inc. The agreement makes Thai the first operator in the region to offer this capability to its cargo customers, from the most advanced B777-200LR Freighter in term of fuel efficiency and low carbon footprint freighter aircraft ever built with more than 100 tonnes carrying capacity, the carrier said. The two aircraft will arrive in early 2010 and will possibly … [Read more...] about Thai block books two B777-200Fs
Thai Airways
Thai to resume Phuket-Hong Kong service
Thai Airways International will resume its Phuket-Hong Kong service on October 25 as part of its strategy to turn Phuket into its second hub, the Bangkok Post reported, citing its executive vice-president for commercial sales, Pruet Boobphakam. The Phuket-Hong Kong service was suspended soon after People's Alliance for Democracy protesters blockaded Bangkok's two airports late last year. Industry observers say the move is to combat the budget carrier Thai AirAsia's impending launch of flights on … [Read more...] about Thai to resume Phuket-Hong Kong service
Thai Airways International
Thai Airways International has reported a loss in the second quarter of this year because of several negative factors, though the amount was smaller than in the same period last year. The carrier lost US$159 million in the April- June period, compared with a loss of over $271 million a year earlier, when it was badly affected by the oil price spike and a huge foreign-exchange loss. It also wiped out a good part of the net profit of $231.2 million that Thai Airways recorded in the first quarter. … [Read more...] about Thai Airways International
Thai Airways foresees tumbling revenue and profit
Thai Airways International foresees revenue falling 18 per cent this year, from Bt220 billion (US$6.2 billion) to Bt180 billion, due to the economic turmoil. Board chairman Surachai Tansitpong said the airline planned to reduce annual operating costs 5-10 per cent, with an immediate 3 per cent cut which will save about Bt6 billion alone. The company waived annual commission payments and froze salary adjustments in last year¡¯s budget. THAI is expected to post a net loss of more than Bt10 … [Read more...] about Thai Airways foresees tumbling revenue and profit
