Showing 1 - 7 of 7
Airline profits stay stagnant in Asia-Pacific
Business, Molpasorn Shoowong, Published on 21/06/2024
» Asia-Pacific is forecast to have the second-lowest aviation profit per region at US$1.2 per passenger this year, mainly attributed to sluggish growth in China and supply chain disruption, according to the International Air Transport Association (IATA).
Trade group cools jets on aviation hub
Business, Molpasorn Shoowong, Published on 10/06/2024
» DUBAI: The International Air Transport Association (IATA) says Thailand may be constrained in its pursuit of becoming the region's leading aviation hub by 2030 because of global supply chain disruptions, adding that Thailand needs to remove unnecessary regulations and move towards digitalisation for aviation efficiency.
Low net margin hampers aviation industry
Business, Molpasorn Shoowong, Published on 05/06/2024
» DUBAI: Despite forecasts of record-high revenue of nearly US$1 trillion this year, the aviation industry is hampered by a low net margin as geopolitical and economic challenges continue to affect cost management and its net-zero target, says the International Air Transport Association (IATA).
New Thai airline focuses on the South
Business, Molpasorn Shoowong, Published on 04/06/2024
» A new airline founded by a Thai aircraft dealer and technology trading company plans to operate short domestic flights in the South, banking on high-spending local travellers.
MJets aims to serve region within 2 years
Business, Molpasorn Shoowong, Published on 24/05/2024
» Operators of private jet services have posted robust growth based on consistent demand from wealthy individuals and private companies in Asia, prompting MJets, a private jet operator in Thailand, to plan an expansion covering all Southeast Asian countries by 2026.
Thai AirAsia X optimistic after posting Q1 profit
Business, Molpasorn Shoowong, Published on 17/05/2024
» Thai AirAsia X expects to post a profit from carrying nearly 1 million passengers this year, driven by its Japan routes, after returning to profit in the first quarter.
Aviation bodies see recovery in passenger figures by 2025
Business, Molpasorn Shoowong, Published on 18/04/2024
» Aviation bodies project Thailand's passenger numbers to recover by next year, though economic uncertainties and the slow rebound of some supply chains still hamper the industry.