Showing 1 - 6 of 6
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.
Asia-Pacific bookings stable
Business, Molpasorn Shoowong, Published on 07/05/2024
» Despite an easing in travel demand, Asia-Pacific is expected to continue to see growth in bookings as we start to see stability in the global market, according to online travel agent Booking.com.
Younger Asian tourists opt for cheaper regional holidays
Business, Molpasorn Shoowong, Published on 26/04/2024
» With travel costs soaring, more tourists from Asia-Pacific are opting for intra-regional trips, particularly Gen Z and millennials, as a majority of younger adults want to save up for trips, according to Marriott International.
Arrivals set to soar amid holidays in East Asia
Business, Molpasorn Shoowong, Published on 24/04/2024
» Chinese and Japanese tourists are expected to flock to Thailand during the Labour Day holiday and Japan's Golden Week, driving arrivals to 996,000, up 29% from the corresponding period last year, according to the Tourism Authority of Thailand (TAT).
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.