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GENERAL

Permanent visa exemption for Kazakhs near

Narumon Kasemsuk, Published on 23/02/2024

» A permanent visa exemption for Kazakh visitors to Thailand is expected to be announced by April, while Air Astana, Kazakhstan’s flag carrier, is planning to increase flights during the hot season to cater to growing demand.

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GENERAL

AirAsia touts Bangkok hub to Srettha

Business, Narumon Kasemsuk, Published on 11/01/2024

» In talks with Prime Minister Srettha Thavisin, AirAsia insists it plans to make Bangkok an aviation hub similar to Dubai, while calling on the government to cut the excise tax as Thailand remains one of the few countries that still has this expense.

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GENERAL

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.

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GENERAL

Pilots face pricey training fees to secure airline jobs

Business, Narumon Kasemsuk, Published on 10/08/2023

» With employment in the aviation industry yet to fully recover, airlines in Thailand are adopting pay-to-fly employment schemes, which require licensed pilots to pay more than 1.5 million baht for training to secure jobs.

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BUSINESS

Nok Air veteran to launch new carrier

Business, Narumon Kasemsuk, Published on 23/03/2023

» Amidst the Thai tourism recovery, airline veteran Patee Sarasin is setting up a new long-haul carrier with venture capital, starting with four wide-body aircraft and a goal of 70% foreign passengers.

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BUSINESS

AirAsia X set to ramp up cargo services

Business, Narumon Kasemsuk, Published on 14/09/2022

» AirAsia X plans to ramp up its cargo service to increase its revenue contribution to 20-25%, from single digits, in addition to synergising passenger routes with airlines in its group to improve efficiency as airfares rise.

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BUSINESS

Family has big plans for Chevala venture

Business, Narumon Kasemsuk, Published on 02/08/2022

» With the global wellness industry projected to reach US$7 trillion in 2025, Chevala Wellness, a new business under the Liptapanlop family, aims to capitalise on the trend by rolling out five branches domestically in two years before expanding to other countries.

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BUSINESS

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.

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BUSINESS

Oil price hike hits airlines' profits

Business, Narumon Kasemsuk, Published on 04/02/2022

» The oil price surge has taken a toll on airlines' profitability, disrupting the opportunity to capitalise on rising domestic demand.

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BUSINESS

Thai AirAsia X looking for new investors

Business, Narumon Kasemsuk, Published on 03/12/2021

» Thai AirAsia X needs a major restructuring and new investors to prep the airline to resume international routes next year, after Thai AirAsia (TAA) already secured additional funding for the carrier last week.