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The world aviation industry suffers Annus Horribilis | VIDEO

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In the Asia-Pacific, where the affect of Covid-19 has been lower (at this stage), the passenger load was 30-40% down, compared to last year.

Overall, international flights for the latter part of 2020 are down 75% year on year.

The world’s aviation industry has been profoundly affected by the border closures and restrictions as a result of the Covid-19 pandemic this year.

Many airlines end the year in disarray, bleeding money with the majority of their fleet grounded and many of their older aircraft retired.

North American passenger flights dropped by 48% year on year, according to aviation analytics company Cirium.

In Latin America the figure was 46% down. These two regions did better than most.

Both Airbus and Boeing, the world’s two largest aircraft manufacturers, have announced huge losses as airlines cancel new aircraft purchases.

Boeing, suffering additional headaches from the grounding of its 737 Max model, has been the biggest loser out of the global aviation disruption, although the 737 Max jets are now being allowed to take to the world’s skies again.

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2 Comments

2 Comments

  1. Avatar

    Rasputin

    Thursday, December 31, 2020 at 5:22 pm

    It’s only to be expected considering the current worsening pandemic situation, and is unlikely to change anytime soon. Many of their former customers are now in a far worse financial situation than they were a year ago, and are not in a position to holiday. As for the Boeing 737 Max aircraft, in view of their history, I think I will leave it for 6-12 months before traveling on one, I’d rather travel on the trusted 747 Jumbo on which I’ve traveled the world over the last 30+ years.

  2. Avatar

    Toby Andrews

    Saturday, January 2, 2021 at 10:11 am

    The world airlines suffer Annus Horribilous? Does that mean they all have piles?

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Thailand

More than a third of Thai tourism-related businesses closed down

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More than a third of Thai tourism-related businesses closed down | The Thaiger

A Tourism Authority of Thailand survey, conducted between January 10 – 12, indicates that more than a third of the country’s tourism-related businesses has already shut up shop and gone out of business. An enormous majority were begging for TAT and government assistance fearing that they are unable to hand on much longer.

1,884 tourism businesses in Thailand were surveyed about their situations and how they were coping with the long-term closure of the Thai borders and the local restrictions on travel.

The businesses were in the areas of accommodation, travel firms, restaurants, car and bike rentals and public transport businesses.

34.7% said they had already shut down or gone out of business.

That the TAT admit that more than a third of their front-line organisations have gone to the wall already is a big turn-around from the perennially optimistic tone and often cringe-worthy predictions. The TAT and the Thai Minister of Tourism and ports are now staring down the barrel of an industry, not only diminished, but changed forever after decades of stunning growth.

At the start of the week the Tourism and Sports Minister claimed that 10 million tourists would start arriving on Thailand’s shores from the middle of this year for the rest of 2021. Just 3 months ago he also predicted that domestic tourists would undertake some 10 million trips a month during the forthcoming high season (December to February).

With only hope to back up his speculative predictions, the Minister was hopeful the stimulus measures approved by Cabinet will boost tourism numbers and help off-set some of the economic devastation caused by the closure of Thailand’s international borders.

This week’s prediction was that tourists, foreign and local, would be spending 1.2 Trillion baht on the battered tourist industry during 2021. He failed to provide details about where these tourists would come from or where they would visit during their stays – stays that still have to begin with a 14 day mandatory quarantine.

The only good news is a further 65% of businesses that continue to struggle on, waiting to see how 2021 unfolds and the effect of the roll out of Covid-19 vaccines, that will allow countries to open borders and a greater level of travel freedoms once again.

The break out of a cluster of infections in the Samut Sakhon province, just south west of Bangkok, and now spread to the majority of other Thai provinces, on December 20, forced the government to restrict inter provincial travel. The not-quite-a-lockdown that followed severely dampened the travel plans of locals and foreigners inside Thailand over the traditional December/January holiday season. This week the Bangkok Metropolitan Authority loosened some of the earlier restrictions and allowed some formerly closed businesses to re-open.

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Thailand

Government is to allow people to use “legal” parts of cannabis in business

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Government is to allow people to use “legal” parts of cannabis in business | The Thaiger
PHOTO: The Thaiger

With intentions to promote cannabis as the country’s potential new cash crop, the government is preparing guideline to allow people to produce, sell or own cannabis and hemp. The permitted businesses, including textile, pharmaceutical, and cosmetics will be able to register to receive FDA permissions from January 29.

According to the FDA secretary-general, leaves, stalks, stems, roots, flowers, and seeds are not in a list of legal parts as they have high drug content (is there anything left?). Individuals are still not allowed to grow both cannabis and hemp without authorisation. Import and export of hemp must seek permission from the FDA Office as well.

Interested applicants in Bangkok can register at the FDA Office, while those in upcountry can contact the provincial public health offices. Courses and training about how to start a business using marijuana plants will be provided under the collaboration of the Education Ministry and Public Health Ministry.

However, a traditional medicine expert with Chaopraya Abhaiphubejhr Hospital, suggests that 6 groups of people should avoid food and drink with marijuana, including those with liver and kidney problems, heart disease patients, people aged below 25, pregnant women, breastfeeding mothers, and those taking stimulant medications.

SOURCE: Bangkok Post

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Thailand

Myanmar cancels Thai investment in the Dawei Special Economic Zone

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Myanmar cancels Thai investment in the Dawei Special Economic Zone | The Thaiger
PHOTO: Environment Justice Atlas

The Dawei Special Economic Zone Management Committee has announced the cancellation on the deep seaport project contract with Italian-Thai Development (ITD), one of Thailand’s leading industrial firms, by saying that they “lost confidence” in the company after long, controversial issues.

The Dawei Special Economic Zone Management Committee said that the Thai company has caused them “repeated delays, continuing breaches of financial obligations under the contracts and the concessionaires’ failure to confirm their financial capacity to proceed with development”.

They say they will look for new development partners to continue the projects. Currently, there are still no comments from ITD.

The Dawei Special Economic Zone is Myanmar’s initiative to encourage international investments into the country, but the project has been delayed because of funding problems and local opposition.

SOURCE: Thai PBS World

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