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BUSINESS

Flight test

Asia focus, Erich Parpart, Published on 22/07/2019

» Carsten Spohr was named Manager of the Year in 2017 by Manager Magazin in Germany when Lufthansa's profit hit a record high and its share price jumped 150%. Two years later, he finds his skills being tested to the limit after issuing a second profit warning in six months. While the airline is on track for an operating profit of 2 billion euros this year, it is 25% below analysts' forecasts.

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BUSINESS

Most airlines likely to pare back networks

Business, Dusida Worrachaddejchai, Published on 18/05/2020

» Most airlines are expected to shrink their networks with more compact fleet sizes, while the aviation industry is predicted to be 20-30% smaller.

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BUSINESS

Declining tourist numbers put pressure on THAI

News, Published on 18/06/2019

» Passenger traffic during the low tourism season in the third quarter will have a direct bearing on Thai Airways International Plc's (THAI) revenue for the entire year, says a source at the national carrier.

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BUSINESS

Jet Asia Airways resolute about clearing image

Business, Boonsong Kositchotethana, Published on 28/04/2015

» Jet Asia Airways (JAA), one of the Thai airlines hit by the government's inattention to the global aviation regulatory regime, is taking a bold step to ensure its safety practices meet world standards.

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BUSINESS

Thai Lion gains access to IATA

Business, Boonsong Kositchotethana, Published on 06/09/2016

» No-frills Thai Lion Air (TLA) has joined the global airline industry club whose members are largely full-service carriers in a move to support its growth plans.