Connect with us

Corporate

Thai Airways back to profit

Thai Airways International Public Co., Ltd. has reported an increase in its first quarterly profit, which stands at 3.64 billion baht, while adjusting its strategies to deal with the rising fuel price and fierce competition.

Published

on

thai airways

Thai Airways International Public Co., Ltd. has reported an increase in its first quarterly profit, which stands at 3.64 billion baht, while adjusting its strategies to deal with the rising fuel price and fierce competition.

Thai Airways President Piyasvasti Amranand has disclosed that the national carrier has made a net profit of 3.64 billion baht during the first quarter of 2012, thanks to the increased foreigner influx into the country following the end of the flood crisis. Even though the rising fuel price and the fierce market competition at present are still impacting the company’s overall performance, Thai Airways has responded by improving its services, adjusting ticket sales strategies, as well as modifying flight schedules, routes and frequencies, in order to correspond to the passengers’ needs.

During the first three months of 2012, Thai Airways saw a total passenger count of 5.16 million, a Revenue passenger kilometer (RPK) of 15.6 billion/km, and 78.2% in cabin factor. THAI reports THB3 bil profit in Q1 : National News Bureau of Thailand

Click to comment

Leave a Reply

Corporate

True and Dtac Merger Talks Highlight Necessity of Scale at Thai Telcos

The merger between True Corporation, a subsidiary of conglomerate Charoen Pokphand Group, and Total Access Communication (Dtac), a subsidiary of Norway’s Telenor would shrink the number of big telcos players in Thailand to only two.

Published

on

iStock-1135535759.jpg

The discussion between Norway telecom group, Telenor ASA, and Thailand’s largest conglomerate, Chareon Pokphand Group (CP Group), to explore a merger of their telecom businesses in Thailand underscores the significance of scale to drive cost efficiencies amid the Thai telecom sector’s slow growth and high investment, says Fitch Ratings.

(more…)
Continue Reading

Corporate

Thai Government Launches “Factory Sandbox” Scheme to Protect 3 Million Jobs

The plan will focus on plants which employ at least 500 people and will build confidence among both Thai and foreign investors at a time when supply chains in rival countries are shutting down.

Published

on

EAS Infrastructure Development

BANGKOK (NNT) – Thailand’s government has launched a pilot “Factory Sandbox” program to test, vaccinate and isolate factory workers, with the aim of limiting COVID-related disruptions to Thailand’s important export-driven manufacturing sector.

(more…)
Continue Reading

Recent

Most Read

Join 14,209 other subscribers