Showing 1 - 10 of 49
Airline profits stay stagnant in Asia-Pacific
Business, Molpasorn Shoowong, Published on 21/06/2024
» Asia-Pacific is forecast to have the second-lowest aviation profit per region at US$1.2 per passenger this year, mainly attributed to sluggish growth in China and supply chain disruption, according to the International Air Transport Association (IATA).
Low net margin hampers aviation industry
Business, Molpasorn Shoowong, Published on 05/06/2024
» DUBAI: Despite forecasts of record-high revenue of nearly US$1 trillion this year, the aviation industry is hampered by a low net margin as geopolitical and economic challenges continue to affect cost management and its net-zero target, says the International Air Transport Association (IATA).
TAT widens net in bid to capture more of the Chinese market
Business, Molpasorn Shoowong, Published on 01/08/2024
» With 8 million Chinese tourist arrivals projected for 2024, the Tourism Authority of Thailand (TAT) is diversifying its target to niche markets who still have plenty of purchasing power, including young travellers, small meeting groups, and caravan tours.
Low oil prices give airlines hope for 2025
Business, Molpasorn Shoowong, Published on 31/10/2024
» Rising supply chain costs still hamper the aviation industry, even though airlines should benefit from cheaper oil prices until next year, according to the International Air Transport Association (IATA).
Rising aviation fees may hamper tourism
Business, Molpasorn Shoowong, Published on 20/10/2025
» Rising aviation service fees in Thailand, including airport charges and the proposed 300-baht tourism tax, could potentially hinder airlines already posting thin profit margins, derailing efforts to restore tourism to pre-pandemic levels, according to the International Air Transport Association (IATA).
Reaching for the sky
Business, Molpasorn Shoowong, Published on 26/10/2024
» The aviation sector worldwide has been racing against time to reach net zero by 2050.
Two airlines post losses, burdened by fuel prices
Business, Molpasorn Shoowong, Published on 17/11/2022
» Bangkok Airways Plc (BA) posted a net loss of 393 million baht in the third quarter, while Asia Aviation Plc (AAV), the major shareholder of Thai AirAsia (TAA), racked up a net loss of 4.1 billion baht as the two carriers were pressured by increasing costs driven by surging fuel prices.
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.
Sansiri banking on Standard deal to drive profit
Business, Molpasorn Shoowong, Published on 28/08/2024
» Selling shares of US-based lifestyle hotel Standard International will drive net profit to reach a new high this year for SET-listed developer Sansiri.
Accor relies on growing middle class
Business, Molpasorn Shoowong, Published on 11/01/2025
» International hotel chain Accor is banking on India's growing middle class and elevated digital technology as it targets global net room growth of 5% this year.