Showing 1 - 10 of 18
Really Cool Airlines aiming to diversify risk
Business, Narumon Kasemsuk, Published on 07/11/2023
» Really Cool Airlines wants to diversify risks by securing non-air ticket revenue of at least 40% of total revenue, while it searches for long-term fundraising via an initial public offering (IPO) in an overseas stock market.
Budget airlines set for struggle amid fierce competition
Business, Narumon Kasemsuk, Published on 19/10/2023
» New low-cost carriers in Southeast Asia may find it more difficult to survive as dominant players could engage in a dumping strategy to protect their market share, while seat resumption for airlines could take 10 years for a full recovery.
Tourism sector demands more help
Business, Narumon Kasemsuk, Published on 30/08/2023
» The sluggish economies in China and Japan as well as an unequal tourism recovery that favours large operators are seen as the the most critical challenges for the new government by tourism operators.
The lowdown on the high-end scheme
Business, Narumon Kasemsuk, Published on 01/02/2023
» The Thailand Elite Card is in the public spotlight again after Jirayu Huangsap, an MP from the Pheu Thai Party, said in parliament last week that shady Chinese business operators had become members of this privilege programme.
Thai AirAsia X bankruptcy filing accepted by court
Business, Narumon Kasemsuk, Published on 20/05/2022
» After more than two years without passenger flights, Thai AirAsia X (TAAX) filed for bankruptcy protection, with the case accepted by a Thai bankruptcy court on Wednesday.
Thailand offers aid to stranded tourists
Business, Narumon Kasemsuk, Published on 08/03/2022
» More than 7,000 tourists from Russia and Ukraine in Thailand are allowed to extend their visas without an application fee as the government is considering measures to offer humanitarian assistance to those affected by international flight cancellations.
Operators fret over B500 tourist fee
Business, Narumon Kasemsuk, Published on 05/10/2021
» Tourism operators have raised concerns about the 500 baht fee to be collected from foreign tourists next year, worried that the timeline of this policy may not be appropriate for an industry in dire need of recovery.
Hotels braced for even tougher times ahead
Business, Narumon Kasemsuk, Published on 13/08/2021
» The hotel industry is preparing for the downturn to continue in the second half of this year after seeing revenue drop to below 10% of pre-pandemic levels, according to a report by the Tourism and Sports Ministry.
The heavy burden of reopening
Business, Narumon Kasemsuk, Published on 03/07/2021
» While Phuket celebrates reopening to tourists for the first time in more than a year, with international flights bringing more than 300 vaccinated arrivals to the island on Thursday, the scene elsewhere in Thailand is a struggle with the relentless pandemic.
Scoot dependent on cargo services to survive virus
Business, Narumon Kasemsuk, Published on 30/06/2021
» Scoot airline credits its survival to strong financial support, cutting its employee numbers and robust cargo services during the pandemic.