Air cargo volumes in Thailand slumped by almost 50 per cent in January as the global financial crisis continued to hurt exports. Total outbound cargo in the final three months of 2008 fell to 107,249 tonnes, compared with 140,074 tonnes a year earlier, Dow Jones reported. "The January figures were worse than what we expected with outbound volume falling by almost 50 per cent from a year earlier," said Kasem Jaliyawatwong, president of the Thai Airfreight Forwarders Association. Thailand's air … [Read more...] about Thai aircargo plummets 50% in Jan
Thailand
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
Thai aircargo plummets 50% in Jan
Air cargo volumes in Thailand slumped by almost 50 per cent in January as the global financial crisis continued to hurt exports. Total outbound cargo in the final three months of 2008 fell to 107,249 tonnes, compared with 140,074 tonnes a year earlier, Dow Jones reported. "The January figures were worse than what we expected with outbound volume falling by almost 50 per cent from a year earlier," said Kasem Jaliyawatwong, president of the Thai Airfreight Forwarders Association. Thailand's air … [Read more...] about Thai aircargo plummets 50% in Jan
Thailand's Suvarnabhumi airport resumes full operations
Thailand's main international airport has officially resumed full operations, two days after anti-government protesters left the site. The People’s Alliance for Democracy (PAD) anti-government protesters ended their occupation at both Suvarnabhumi International Airport and Don Mueang Airport Wednesday, but airport authorities had to re-certify the airport in accordance with internationally-recognised standards and guidelines established by the International Civil Aviation Organization … [Read more...] about Thailand's Suvarnabhumi airport resumes full operations
Thailand’s Suvarnabhumi airport resumes full operations
Thailand's main international airport has officially resumed full operations, two days after anti-government protesters left the site. The People’s Alliance for Democracy (PAD) anti-government protesters ended their occupation at both Suvarnabhumi International Airport and Don Mueang Airport Wednesday, but airport authorities had to re-certify the airport in accordance with internationally-recognised standards and guidelines established by the International Civil Aviation Organization … [Read more...] about Thailand’s Suvarnabhumi airport resumes full operations
Middle East : Etihad Cargo moves to self-handle in Thailand
Etihad Crystal Cargo has begun selfhandling in Thailand, in a move aimed at benefiting the airline’s growing presence in the rapidly expanding Far East cargo market. The locally-based Etihad team took sole charge of all cargo sales and customer service activities in Thailand on 1 October, duties previously carried out by local cargo general sales agent, United Kargo Kare, since 2004. Des Vertannes, Etihad Airways’ executive vice-president cargo, said: “United Kargo Kare … [Read more...] about Middle East : Etihad Cargo moves to self-handle in Thailand