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THAILAND

Nok Air targets halving losses to B1.4bn

News, Thodsapol Hongtong, Published on 19/11/2019

» Budget carrier Nok Air expects to cut losses by almost half from last year's figure, thanks to plans afoot to boost revenues, according to Wutthiphum Jurangkul, the airline's chief executive officer.

BUSINESS

Rail discounts mulled as 'New Year gift'

News, Thodsapol Hongtong, Published on 19/11/2019

» The board of the Mass Rapid Transit Authority of Thailand (MRTA) will be asked on Tuesday to approve fare reductions of 40% for the Blue Line, the Purple Line and the Airport Rail Link electric train systems, a transport official said yesterday.

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BUSINESS

Port caught in a storm

News, Thodsapol Hongtong, Published on 17/11/2019

» Life is far from plain sailing for the Port Authority of Thailand (PAT) as it tries to turn its land along the Chao Phraya River into one of the city's most ambitious mixed-use projects.

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BUSINESS

THAI boss insists big losses 'normal'

News, Thodsapol Hongtong, Published on 16/11/2019

» Thai Airways International plc (THAI) and subsidiaries reported a net loss of 4.68 billion baht in the third quarter of this year and a 10.91-billion-baht net loss for the first nine months, THAI president Sumeth Damrongchaitham said on Friday.

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BUSINESS

THAI reports B10.9bn net loss for Jan-Sept

Thodsapol Hongtong, Published on 15/11/2019

» Thai Airways International and its subsidiaries reported a 4.68-billion-baht net loss in the third quarter of this year and 10.91-billion-baht net loss for the first nine months, THAI president Sumeth Damrongchaitham said on Friday.

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BUSINESS

BTS operator reports net 2Q profit of B1.131bn

Thodsapol Hongtong, Published on 15/11/2019

» Skytrain operator BTS Group Holdings Plc reported a net profit of 1.131 billion baht in the second quarter of 2019/20, up 36.3%.

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BUSINESS

Nok Air gets new staff, planes

Thodsapol Hongtong, Published on 13/11/2019

» Loss-ridden budget airline Nok Air is recruiting pilots and flight attendants and will acquire two new planes to serve high-season demand as its rehabilitation plan shows positive effects, its chief executive Wutthiphum Jurangkool said on Wednesday.

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BUSINESS

THAI hopes to pare losses to B2.2 billion

News, Thodsapol Hongtong, Published on 13/11/2019

» Thai Airways International Plc (THAI) is expected to post a loss of around 2.2 billion baht this year, significantly less than its initially projected 10 billion baht in losses, according to Sumeth Damrongchaitham.

BUSINESS

Locally produced goods to get airport promotion

News, Thodsapol Hongtong, Published on 12/11/2019

» Deputy Transport Minister Thaworn Senneam on Monday backed extending the sale of local arts and crafts products on flights and in airports across the country.

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BUSINESS

AoT reveals names of Don Mueang duty-free bidders

News, Thodsapol Hongtong, Published on 12/11/2019

» Airports of Thailand (AoT) has revealed that King Power and The Mall Group will compete to win the right to operate duty-free shops at Bangkok's Don Mueang airport.