Showing 1 - 10 of 70
Nok Air eyes B4.88bn for recovery effort
Business, Dusida Worrachaddejchai, Published on 15/07/2022
» Nok Air is raising 4.88 billion baht in funding under a rehabilitation process to prepare for recovery while eyeing the opportunity to operate a new hub at Suvarnabhumi airport.
Hoteliers deride government proposal for dual pricing
Business, Dusida Worrachaddejchai, Published on 08/07/2022
» Hoteliers have expressed concerns about the government's plan to set dual pricing for foreign tourists and locals, saying the move is "impractical" and demanding the administration roll out effective promotions to spur tourism sentiment in an effort to increase room rates.
Aviation industry upbeat on outlook for H2
Business, Dusida Worrachaddejchai, Published on 25/06/2022
» The aviation industry is finally seeing signs of optimism as it tries to rebound from a major crisis, although the recovery path appears to be uneven across the globe, particularly in Asia-Pacific as a result of remaining restrictions.
Airlines strive to restore their prospects
Business, Dusida Worrachaddejchai, Published on 26/05/2022
» Over the past two years, amid the Covid-19 pandemic, the aviation industry has been on the verge of collapse because of stringent border controls and uncertainty over travel rules, causing severe financial strain for many airlines.
Thailand readies for its close-up
Business, Dusida Worrachaddejchai, Published on 09/05/2022
» While the leisure tourism market continued to fluctuate the past four months, another segment stole the limelight based on consistent demand.
Tour stimulus approval lag set to wreak havoc
Business, Dusida Worrachaddejchai, Published on 17/03/2022
» A delay in the approval process for the troublesome tour stimulus campaign is expected to affect travellers and cause tour companies to face losses.
Omicron stymies tourism recovery
Business, Dusida Worrachaddejchai, Published on 11/01/2022
» Even though the tourism industry has started to see optimism from the country's reopening on Nov 1 last year, a fresh whiplash in travel sentiment from Omicron variant has put the brakes on recovery prospects in 2022.
AWC weighs investment options for coming year
Business, Dusida Worrachaddejchai, Published on 15/12/2021
» SET-listed Asset World Corp (AWC) plans to reduce its investment for next year to less than 10 billion baht if tourism recovers slowly, as 70% of its hotel portfolio already passed a critical cash flow stage in December.
Nok Air laments dearth of passengers
Business, Dusida Worrachaddejchai, Published on 02/12/2021
» Air passenger traffic after Thailand's reopening on Nov 1 has not lived up to operators' expectations as demand from foreign tourists has been lukewarm, says Nok Air.
Airlines give up on state's soft loans
Business, Dusida Worrachaddejchai, Published on 19/11/2021
» The long-awaited soft loans for local airlines valued at 5 billion baht have failed to materialise as there is no further support from the government to shore up the aviation business, while Bangkok Airways is banking on a recovery in international tourism to help revive its profits.