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BUSINESS

Flying back into profit after pandemic

News, Kamolwat Praprutitum, Published on 01/01/2023

» The outlook for the aviation industry worldwide is chiefly positive this year although the path ahead is not without risks, according to the International Air Transport Association (IATA).

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THAILAND

Future's bright as THAI rebounds

News, Kamolwat Praprutitum, Published on 01/01/2023

» The aviation business was plunged into an unimaginable depth of despair during the more than two years of the Covid-19 pandemic, which has also set a new rule for the industry: shape up or ship out.

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BUSINESS

THAI confident of court nod

News, Kamolwat Praprutitum, Published on 21/09/2022

» Thai Airways International (THAI) is expecting its revised business reorganisation plan to be accepted by the Central Bankruptcy Court in the first or second week of October, despite some opposition from its creditors, the airline announced on Tuesday.

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BUSINESS

Domestic travel poised to pick up this month

News, Kamolwat Praprutitum, Published on 12/07/2022

» Domestic passenger traffic is expected to pick up this month as airlines begin to increase flight frequencies in response to the loosening of travel restrictions, according to the Aeronautical Radio of Thailand (Aerothai) and the International Air Transport Association (Iata).

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BUSINESS

AoT 'cautious' over tourism reopening

News, Kamolwat Praprutitum, Published on 22/06/2021

» Airports of Thailand (AoT) is welcoming the country's planned reopening to foreign visitors as airlines and other businesses have been struggling due to the Covid-19 pandemic, though it said arrivals won't pick up until October.

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BUSINESS

Govt mulls relief for hard-hit airlines

News, Kamolwat Praprutitum, Published on 06/03/2020

» Relief measures for airlines affected by the ongoing Covid-19 outbreak will be considered at a meeting of economic ministers later Friday, after the International Air Transport Association (Iata) sounded the alarm over revenue losses due to the outbreak.

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THAILAND

Slow growth hits airlines

News, Kamolwat Praprutitum, Published on 29/12/2019

» Most people would be all too willing to open their wallets for cheap flight tickets. But dumping ticket prices to stay ahead of the competition could cause more harm than good on airlines if they are not careful.

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BUSINESS

Strong headwind slows growth

News, Kamolwat Praprutitum, Published on 03/06/2019

» Major Thailand-based airlines have set modest goals for themselves by looking closer to home for a risk-limiting expansion, as the International Air Transport Association (IATA) announced a downgrade of its 2019 outlook for the global air transport industry and a decline on 2018 net post-tax profits.