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Thai Smile new Thai Airways low-cost carrier to start next year

Thai Airways Internationals executive board THAI meeting today approved Thai Smile as the name of the national flaf carriers lost-cost airline, set to be in operatin in the middle of next yea

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Thai Airways Internationals executive board THAI meeting today approved Thai Smile as the name of the national flaf carriers lost-cost airline, set to be in operatin in the middle of next year, according to airline president Piyasvasti Amranand.

Thai Wings was previously selected but changed, as THAI staff participated in choosing the new name.Thai Smile will have 11 new aircraft, four of which will be 174-seat Airbus A320s, to be received early next year.THAIs lowcost business unit managing director Capt Woraneti Lahprabang said the airline will use Suvarnabhumi Airport as its main hub to operate flights to provinces such as Chiang Rai, Surat Thani, Ubon Ratchathani, and Udon Thani.

The units airline is expected to start making profits in 2013 of Bt5 billion on average, while it is also to consider opening international flights and indicating routes in the same year.Personnel for the unit will be from THAI and from THAIs subsidiary companies.

Meanwhile, there has been no progress regarding the setting up of lowcost Thai Tiger Airways, an earier proposed joint venture of THAI and Singapores Tiger Airways. THAI executives consider the matter again at a later date. MCOT online news

via Thai Smile approved as name of THAIs new low-cost carrier, in operation next year.

Corporate

The environmental case for remote working

Anyone searching for a silver lining to the pandemic should look to the clear, blue skies above them. A reduction in pollution worldwide has been an unintended benefit of the lockdowns and stay-in-place orders imposed to control the spread of COVID-19.

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During the pandemic, the environmental and societal benefits of working at home quickly became apparent. How can businesses protect these benefits in the future?

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Investment

Thailand Q1 Investment Applications Soar 80% as FDI More Than Double says BOI

The top three source countries of FDI applications during the first quarter were South Korea, China, and Singapore, with similar levels of investment. Korean investment soared due to a large-scale joint venture in the medical sector, Ms Duangjai said.

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The Thailand Board of Investment (BOI) said today that in the first quarter of 2021, investment applications rose 80% from the year earlier period to a total value of 123.4 billion baht (USD3.9 billion), led by projects in the medical and electric and electronics (E&E) sectors, as foreign direct investment (FDI) applications more than doubled.

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