Oak Maedow Phuket
Oak Maedow Phuket BRITISH INTERNATIONAL SCHOOL, PHUKET Kata Rocks
The Phuket News Novosti Phuket Khao Phuket

Login | Create Account | Search


THAI hopes to pare losses to B2.2bn

THAI hopes to pare losses to B2.2bn

BANGKOK: Thai Airways International Plc (THAI) is expected to post a loss of around B2.2 billion baht this year, significantly less than its initially projected B10bn in losses, according to Sumeth Damrongchaitham.

tourismtransporteconomics
By Bangkok Post

Wednesday 13 November 2019, 08:52AM


Thai Airways International is expected to post a loss of around B2.2 billion this year. Photo: Bangkok Post

Thai Airways International is expected to post a loss of around B2.2 billion this year. Photo: Bangkok Post

Mr Sumeth said on Tuesday (Nov 12) he expected this year’s losses to narrow to B2.2bn compared with B3.6bn for the whole of last year. Next year, the national carrier aims to increase the available seat kilometres (ASK), the industry’s measure of its passenger carrying capacity, by 2-3%.

The ASK is calculated by multiplying the number of seats available by the number of miles or kilometres flown. Mr Sumeth said the boost would be achieved by raising the number of hours of usage and productivity of THAI Smile aircraft from eight hours at present to 10 hours and 30 minutes per day. The low-cost carrier THAI Smile is a wholly owned subsidiary of THAI.

The usage and productivity hours THAI's fleet will also ramp up to 12 hours and 30 minutes per aircraft per day, from their present usage of 12 hours and 15 minutes per day. At the same time, Mr Sumeth said THAI will be working to improve its load factor to at least 80%. The factor measures the percentage of available seating capacity regularly filled by passengers.

He added that the national carrier is on track to receive three new aircraft in the last quarter of next year. Those aircraft will replace existing planes. The airline is also planning to open a new direct route from Bangkok to Manchester, England, Mr Sumeth. Promotional sales campaigns will be launched to stimulate online spending by members of Royal Orchid Plus, the airline’s loyalty programme.

ZENITHY POOL VILLAS

The programme has about 3 million registered subscribers, he said, adding that THAI aims to attract more subscribers while giving existing members more incentives to spend. Meanwhile, Tourism Authority of Thailand Governor Yuthasak Supasorn said the agency and THAI are joining forces to draw more overseas tourists to Thailand.

 

Read original story here.

Comment on this story

* Please login to comment. If you do not have an account please register below by simply entering a username, password and email address. You can still leave your comment below at the same time.

CAPTCHA

Kurt | 13 November 2019 - 12:01:57

'Talking the losses the last 6 weeks of 2019 down from B10 bn to B2.2 bn?  Wow.  Load factor at least 80%?  Only a extra 15 minutes in the air?  All flights have their duration.  Are there 15 minute flights or flying slower? Wow-wow.  ..."Dreaming of a White X-Mas" ?

 

Have a news tip-off? Click here

 

Phuket community
More stranded Russians fly home from Phuket

Like a lot of airlines Aeroflot have regular scheduled flights advertised out of Phuket. Can anyone ...(Read More)


Dual prices on agenda

Pascale, again you are wrong, but post to argue.. fact, Burmese, Loas, Cambodians are not automatica...(Read More)


Dual prices on agenda

CaptainJack, it has nothing to do with "skin colour" ! One price for Thai's and one pr...(Read More)


Dual prices on agenda

I went to Tesco Chalong to pay my electric bill during Tambon Lockdown. They told me they only acce...(Read More)


Dual prices on agenda

And how does anyone justify a 1000% markup based on skin colour? How is this tolerated in the 21st c...(Read More)


Dual prices on agenda

...Expats here deserve to be treated like locals but they regularly face price discrimination, said ...(Read More)


Three injured as Rawai beachfront footpath collapses

Some years ago the same happened there. They got a repair budget ( how much?), glued things a bit t...(Read More)


Cocaine, reckless driving charges for Red Bull scion

RED BULL Boss's speed reduced from 177 km/h to below 80 kmh? So what speed than was the police o...(Read More)


Investigation into capsized ferry as 1 confirmed dead, 4 still missing

Kurt, I come from the merchant marine and sailed small tankers a/o. in the baltic winters and our f...(Read More)


Second body of capsized ferry found, 3 still missing

unfortunately this happens every year at the beginn of the rainy season nothing to do about,the reas...(Read More)