Thai Airways Says No To Low-Cost Airline

Category: Tourism, Posted:24 Aug 2012 | 06:00 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.

Other News

Etro to Launch First Fashion Branded Residences in Thailand in Phuket

Category: Real estate, Posted:09 Apr 2025 | 19:40 pm Etro, the Italian luxury fashion house, is expanding its global presence by introducing its first branded residence in Thailand. This development represents Etro’s second branded residence project worldwide, signaling the brand’s entry into the high-end real estate market. Located in Phuket, a prominent resort destination, the Etro Residences Phuket is poised to cater to international […]

Game-Changing 1,000 Rai Integrated Resort Town for Khao Lak’s Memories Beach

Category: Hotels|Real estate|Tourism, Posted:28 Mar 2025 | 09:09 am Khao Lak’s iconic Memories surf beach is set to undergo a major transformation into a green-focused resort town named Matalay, which translates to “come to the sea.” Global design firm Gensler has created a master plan that reimagines the area, integrating the existing Memories Beach and surf facilities into a vibrant surf village with sustainable […]

The C9 Sessions: Phuket Property Pulse – Mid-Year Edition

Category: Hotels|Real estate, Posted:25 Mar 2025 | 08:24 am Here is an amazing opportunity to get up close and personal with one of Phuket’s most prominent luxury hospitality advocates. The session features a candid conversation with Dr. Allan Zeman, whose game-changing developments have created a global following. Join us for fast-paced, in-depth 90-minute learning session updating the Phuket property sector for mid-year 2025 and […]

More Insider News