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Thai Airways continues to struggle against newer, nimble competitors

Tanutam Thawan

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Thai Airways continues to struggle against newer, nimble competitors | The Thaiger

Fierce competition and rising fuel costs are said to be the main cause of Thai Airway’s tough last year.

Thai’s operating profit for the last year was down nearly 30% to 2,856 million baht. This included the parent airline and all its subsidiaries.

The main culprit, according to TTR Weekly, was a 24.2% increase in fuel prices for its planes. Average passenger yield was down by 7.7% due to the increased competition in the region – competition that is expected to be more aggressive with more budget airlines on the way into the regional market.

Thai’s executive VP, legal management and general administration says the airline is developing strategies to develop a competitive network, increase profitability, revenue and reduce aircraft types.

The new direct flights from Bangkok to Vienna were some good news in a sea of bad, along with increases in flights to other high potential destinations in the region.

The parent company also transferred some regional routes to its lower cost Thai Smile brand. But critics of Thai Smile say it under-performs in comparison to the newer upstart budget airlines from around the region.

TTR Weekly reports that in 2017, Thai Airways took delivery of seven aircraft while decommissioned two operating lease aircraft (Airbus A330-300) resulting in a total number of 100 active aircraft in the fleet as of the end of last year. This ended last year with a bottomline of five additional aircraft compared to the end of 2016.

Thai Airways report that their cabins had an increased passenger load, up from 73.4 to 79.2%, year on year.

 

 

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Local Thai journalist speaking fluent Thai and English. Tanutam studied in Khon Kaen before attending Bangkok’s Chulalongkhorn University.

1 Comment

1 Comment

  1. Avatar

    expatjack

    March 5, 2018 at 6:32 pm

    Really?

    Was any thought put into this article? Was this written by a 5th grade child?

    Fuel has been down for two years. Airlines are making record profit.

    Thai is run by sycophants who continue to over employ staff related to government officials, and offer a poor service.

    No expats would fly Thai instead of Emirates, or other choices. No one.

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Krabi

Four metre, 15 kilogram king cobra found in a Krabi village

The Thaiger & The Nation

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Four metre, 15 kilogram king cobra found in a Krabi village | The Thaiger

PHOTOS: Kapook.com

On October 13, Krabi Pitak Pracha Foundation, a local volunteer rescue team, received a report requiring (probably screaming) for help from a house project security guard to help catch a ‘big snake’ that lived inside the drain of the village.

Kapook reports that the rescue team arrived at the village where the security guard guided them to the drain. They even prayed with the land spirit to bless them on the job ahead of them before entering inside the drain.

They explained that it was difficult and dangerous job, had to be very careful and move fast. They finally found the snake and it took about an hour to catch the giant reptile. The rescue team said that the snake is actually a king cobra that was four-metres long and weighed 15 kilograms.

Meanwhile, the village security guard said that the king cobra had lived inside the village drain for a while and sometimes came up above ground and the village’s public area,s which frightened the residents, so he had to reach out to the rescue team for help.

SOURCE: Kapook.com

Four metre, 15 kilogram king cobra found in a Krabi village | News by The Thaiger Four metre, 15 kilogram king cobra found in a Krabi village | News by The Thaiger Four metre, 15 kilogram king cobra found in a Krabi village | News by The Thaiger

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People

‘Always Smile Journey’ raises fund to provide free English classes for underprivileged people

Nattha Thepbamrung

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‘Always Smile Journey’ raises fund to provide free English classes for underprivileged people | The Thaiger

On October 18, the ‘Always Smile Journey’ group and its partners will host an exhibition with plenty of fun activities at the Yak Yai Market, near Chalong Circle, in Phuket. This event was designed to raise funds to provide free English classes for underprivileged people on the island of Phuket on Saturdays and Sundays. The group does not accept donations but aims to raise money through the sales of the products available at the event.

‘Always Smile Journey’ raises fund to provide free English classes for underprivileged people | News by The Thaiger

From 2 pm to 8 pm, there will be a number of artists, musicians and performers who will keep the attendees entertained along the way. There will be a short film about His Majesty King Rama 9 as well as fun activities and games for kids and families, which are all free of charge.

The big bike crew is also a part of this event. They will ride a parade from Rawai Beach heading to the market and showcase their gorgeous two-wheel buddies.

One of the highlights of the Always Smile Journey exhibition is the ‘Happening’ artists group, who will draw and paint a picture of the His Majesty King Rama 9 under the name ‘Street Art King Bhumibol’ on a 4×10 meter sign live at the event so the guests will experience this large-scale art in action. The Happening will also offer portrait sketching for the participants.

‘Always Smile Journey’ raises fund to provide free English classes for underprivileged people | News by The Thaiger

One of the works created by the Happening team; a painting of HM the King Rama 9 on a huge wall (Photo credit: Chawat Chumpasan)

There will also be some western menus available at the event which will be donated to underprivileged children.

This free English class project has over seven years of experience through its cooperation working with individuals and other charity organizations. Throughout the years, the group visited several areas such as Ban Laem Hoy School, Ban Bopud School and Ban Angthong School in Samui, Surat Thani province, Ban Bueng Ao Oun School and Ban Kakoh Rayong, in Surin province, Jalae Village of Lahu (Muser) in Chiang Rai province, as well as community education centers in Siem Reap, Cambodia and in Luang Prabang, in Laos.

This event is a cooperation between several groups, including Happening, Yak Yai Market and Arrow Media, Tattoo artist group, Thonburi Art School Alumni, International School of Tourism, Suratthani Rajabhat University, big bike group from Phuket, artists/performers/musicians from many provinces as well as several businesses across Phuket.

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Bangkok

Thai High Speed Railway linking airports now to be signed off on October 25

Tanutam Thawan

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Thai High Speed Railway linking airports now to be signed off on October 25 | The Thaiger

The State Railway of Thailand and the Charoen Pokphand Group-led consortium are putting pen to paper and signing the contract for the high-speed train project on October 25.

The much-discussed high speed railway will link Suvarnabhumi, Don Mueang and U-Tapao international airports. The new SRT board was approved by the Thai cabinet today.

Deputy PM Anutin Charnvirakul says he is confident the contract will now be signed, adding that he has already met with Supachai Chearavanont, CEO of the CP group, and assured him of the government’s full cooperation and support.

The Charoen Pokphand-led consortium won the bid to develop the 224-billion baht high-speed train infrastructure as a signature project for the government’s flagship Eastern Economic Corridor (EEC) high-tech investment hub. The train service is scheduled to be operational in 2024 (The Thaiger is taking bets now).

Recently, however, the CP-led consortium raised concerns over land expropriation and eviction problems and asked for the government to share the risk on this issue. The Transport Ministry has already rejected the request putting the onus on CP as part of the proposal.

Mr. Anutin explained that, in any large infrastructure project involving expropriation of land, it is usual for the government or state agency not to be able to hand over the land to the contractor all at once. In such cases, the contracted completion date can be moved back.

He said the CP-led consortium should proceed with the high-speed train project without further delay because 70% of the land is ready to be handed over.

Meanwhile, the deputy PM admits that he didn’t know why the entire SRT board resigned en masse, delaying the signing of the contract, and denied that he had put pressure on the board to quit. He also denied that Transport Minister Saksayam Chidchob, also of the Bhumjaithai party, objected to the SRT board’s mass resignation because the latter wanted the contract to be signed quickly.

SOURCE: Thai PBS

Thai High Speed Railway linking airports now to be signed off on October 25 | News by The Thaiger

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