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Search Result for “exchange rate”

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GENERAL

TAA, Bangkok Airways post high airfares in Q2

Business, Molpasorn Shoowong, Published on 17/08/2023

» Thai AirAsia (TAA) has reported increased airfares of 42% for the first half, while Bangkok Airways registered a 36% uptick in the first half, though a weaker baht continued to affect airlines' profits.

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BUSINESS

TAT upbeat on arrivals in low season

Business, Molpasorn Shoowong, Published on 25/05/2023

» The Tourism Authority of Thailand (TAT) expects Thailand to have received 10 million foreign tourists by the end of this month and to continue to have at least 2 million visitors per month despite the low season.

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BUSINESS

Nok Air unfazed by THAI merger proposal

Business, Molpasorn Shoowong, Published on 17/04/2023

» Low-cost carrier Nok Air has reaffirmed that Thai Airways (THAI) still holds a 13.28% stake as the flag carrier prepares to merge with Thai Smile Airways.

BUSINESS

Thai Vietjet set to expand overseas routes

Business, Molpasorn Shoowong, Published on 02/12/2022

» Thai Vietjet (TVJ) is preparing an aggressive plan for international expansion next year with the aim of increasing the portion of international flights to 67% from 41% this year, with new routes to destinations in China, India, Japan and Vietnam.

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BUSINESS

Little impact from weak forex on inbound tourism

Business, Molpasorn Shoowong, Published on 29/09/2022

» The global decline in currencies has not had a significant impact on Thailand's inbound market as the rates were comparable with a weakened baht, while those ready to travel are mostly high-income earners.