aviation
- Business News
No government bailout for Thai Airways
A final meeting for a vote on the Thai Airways debt restructure program is set for this Wednesday after being postponed last week. Meanwhile, a source close to those managing Thai Airways’ debt rehab plan, says the state is not obliged to provide a bailout for the national carrier. The Bangkok Post reports that Chansin Treenuchagron, acting president for Thai…
- World News
Hong Kong budget airline HK Express puts in-flight trolleys up for sale
A limited number of in-flight trolleys and galley boxes put up for sale by budget airline, HK Express, have sold out in a day. The Hong Kong carrier had advertised the items on its website, pointing out they’d be the ideal accessory for a costume party. “Each plated with our first-generation logo and a unique license plate, these trolleys are…
- Business News
Thailand’s airlines call for meeting with PM to discuss soft loans
The Thai Airlines Association says 7 member airlines are pushing for a meeting with PM Prayut Chan-o-cha to discuss the option of soft loans. The carriers have been seeking this financial aid for some time and have even decreased the amount being asked for, from 24 billion baht last year to 14 billion now. The Bangkok Post reports that representatives…
- Business News
Thai Airways’ creditors to vote on rehab plan today
Today is D-Day for Thai Airways, with 13,000 creditors voting on whether or not to accept the struggling airline’s rehabilitation plan. According to a Bangkok Post report, a source at the airline has warned that should creditors reject the plan, the carrier will be declared bankrupt and they would only receive 12.9% of what they’re owed. In the event of…
- Business News
Government will not re-capitalise struggling Thai Airways
The State Enterprise Policy Office says the government will not back a billion-baht cash injection for Thai Airways. The national airline is currently been dragged through bankruptcy proceedings. Pantip Sripimol from the SEPO says the Thai Finance Ministry will not re-capitalise the carrier, although it remains its largest shareholder. The Bangkok Post reports that there are concerns Thai Airways could…
- Thailand News
Bangkok Airways suspends some flights due to ongoing Covid-19 situation
In the midst of another wave of Covid-19 infections, Bangkok Airways announced it is suspending some flight routes due to the ongoing spread of the virus. The airline is suspending the Phuket-Hat Yai route from April 23 to October 30 and its Bangkok-Sukhothai and Bangkok-Trat routes from May 1 to 31. Travellers can change their flights without an additional charge.…
- Covid-19 News
Airlines urge government to shut down Songkran travel to curb virus spread
“Travel restrictions won’t be good for airlines, but in the meantime, we should prioritise long-term benefits instead of short-term revenue.” Thailand’s aviation sector is nervous, amid rising cases of Covid-19 and confirmation that the highly-contagious UK variant has reached the Kingdom. Airlines are calling on the government to introduce travel restrictions now, admitting that while this will hurt in the…
- Business News
Labour union angry over changes to Thai Airways staff contracts under rehab plan
Union representatives are questioning changes made to the employment terms of Thai Airways staff as part of the national carrier’s debt-restructuring plan. The labour union claims the changes have removed or diluted several staff entitlements and welfare benefits, pointing the finger at acting president, Chansin Treenuchagron, who signed the orders. The union is calling on the Department of Labour Protection…
- World News
Hong Kong slaps Singapore Airlines with 2 week ban over Covid infractions
Hong Kong has implemented a 2 week ban on Singapore Airlines passenger flights from Singapore, after a passenger tested positive for Covid-19 on Wednesday. Hong Kong authorities say 3 other passengers on the flight also failed to follow the territory’s Prevention and Control of Disease Regulations. Singapore Airlines have confirmed the ban, which is in place until April 16, but…
- Bangkok News
North expansion project at Suvarnabhumi will go ahead – Transport Minister
The Transport Minister says expansion plans at Bangkok’s Suvarnabhumi Airport will go ahead and will include the contentious North expansion project. Saksayam Chidchob’s announcement appears to disregard a recommendation from the National Anti-Corruption Commission, who have previously stated that any expansion should be in line with a proposal from the National Economic and Social Development Council. That proposal suggested the…
- Business News
Slow return of foreign tourism makes more redundancies inevitable – Airlines Association of Thailand
The president of the Airlines Association of Thailand says further layoffs in the sector are inevitable, due to the slow return of international tourism. In a Bangkok Post report, Puttipong Prasarttong-Osoth says the sluggish revival of foreign tourism, now not expected until the last quarter of the year, means all carriers continue to face financial hardship. And while there was…
- Central Thailand News
Airline executive arrested for failure to pay wages of 150 workers
An airline executive has been arrested in the central province of Samut Songkhram, after complaints from150 employees that they had not been paid. Chawengsak Noiprasan, who had a court warrant issued against him in October, was taken to Don Muang police station from a property in the Bang Khan Take sub-district. He is a board member of Siam Air Transport.…
- Thailand News
Long Buddhist holiday to see over 40 percent reduction in domestic tourism
The long Buddhist festival holiday, which starts today, is set to see over a 40% reduction in domestic tourism. The Tourism and Transport Authority of Thailand has made the estimation which tallies around 1.09 million domestic trips, a number that is down 44% from last year’s Makha Bucha Day. The 2nd wave of the Covid pandemic this year has made…
- Tourism News
Airlines, hotels say 2021 likely to be even worse than last year
Thai airlines and hotels fear that the tourism crisis in 2021 is set to dwarf last year’s in terms of its impact, as they appeal for government aid. The Bangkok Post reports that Asia Aviation, the largest shareholder in Thai AirAsia, has warned that when international tourism eventually does resume, there may not be enough suppliers to meet demand as…
- Business News
Domestic air passenger numbers double those of January
Passenger numbers on domestic flights within Thailand have doubled within a month, rising from 4,000 in January to over 10,000 this month. Having nearly recovered to pre-pandemic levels, domestic travel plummeted once more when Covid-19 resurfaced late last year. Apirat Chaiwongnoi from the Department of Airports says 15 of Thailand’s 29 airports are now operating domestic flights, with more expected…
- Thailand News
Thai Airways lays off hundreds of pilots under debt rehabilitation plan
Hundreds of pilots will be laid off under Thai Airway’s debt rehabilitation plan. The cash-strapped airline, which is buried in a debt around 300 billion baht, has also decided to ground 3 types of aircrafts: the Airbus A330-300 and A380, and the Boeing 747. After months of tackling bankruptcy amid the Covid-19 pandemic, Thai Airways decided to lay off 395…
- Transport News
Taxis and tuk tuks ask Thai government for help
Unions of Thai Taxi workers and Thai automobile drivers have handed over an official request to a government labour committee to file a request to the government seeking financial support. Thai Taxi workers passed over their requests to Suthep Yoo-on, the chairman of the Labour Committee officially seeking industry support. Just about all sectors of the country’s transport infrastructure have…
- Tourism News
The Thai government threw a tourist party (sound of crickets) | VIDEO
The Thai Government, flushed with the success of their containment of Covid-19, decided to market the Land of Smiles to the world as the safe place to travel. With the annual wet season starting to weaken the tourists would flock back to the S E Asian country that had such a remarkable success containing, then almost eradicating itself, of the…
- Thailand News
Thailand News Today | Chinese vaccine, Thailand ‘drug hub’, Covid update | January 13
Confusion reigns over the effectiveness of a Chinese Covid-19 vaccine due to be rolled out in Thailand next month. Thailand has ordered 2 million doses of the Sinovac Biotech vaccine. The rollout of this particular vaccine among high-risk groups in Indonesia will start this week. However, questions now hang over the vaccine’s efficacy rate, originally reported as 78% in trials…
- Thailand News
2020’s movers, shakers and influences (that weren’t Covid) | VIDEO
2020 The big events, the winners and the losers 2020 has been one of the most disruptive years in history, certainly for anyone that has lived since the great depression and the world wars. But although Covid-19 has been the big headline for the year, there has still been highlights and big news in all fields. Some of these big…
- Tourism News
The world aviation industry suffers Annus Horribilis | VIDEO
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…
- World News
Air Asia to focus on ASEAN expansion, as CEO expresses cautious optimism for 2021
Air Asia’s chief executive, Tony Fernandes, says the low-cost carrier is planning to expand its presence in Southeast Asia and is in talks to form 3 new airlines. He points out that people still want to travel, and that demand makes him hopeful air travel could be back to its pre-Covid numbers within 6 – 12 months. “At the right…
- Business News
Suvarnabhumi expansion being reviewed in line with “new normal” expectations
The 44 billion baht northern expansion of Bangkok’s Suvarnabhumi airport is being revised, to meet “new normal” requirements, according to Airports of Thailand. AOT president, Nitinai Sirismatthakarn, says the process will take 1 or 2 months to complete. Nation Thailand reports that the airport’s new northern terminal will have the capacity to handle 30 million passengers a year, with Nitinai…
- World News
Singapore – Hong Kong travel bubble delayed due to Covid rise in HK
Singapore and Hong Kong have agreed to delay their travel bubble plans as Hong Kong experiences a jump in Covid-19 cases. Although case numbers in both cities are nowhere near as serious as what’s currently being seen in places like Europe and the US, officials are erring on the side of caution and postponing the plan by at least 2…
- Business News
Second Thai airline hit by Covid fallout as Nok Air to prepare rehab plan
The Central Bankruptcy Court has approved Nok Air’s petition to begin a rehabilitation process, as the low-cost airline struggles with losses incurred due to the Covid-19 economic fallout. The Bangkok Post reports that Nok Air has debts of up to 26 billion baht, with 23 billion baht in assets. In the first half of 2020, it reported revenue of 3.4…