National airline will not be allowed to declare bankruptcy
#1
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National airline will not be allowed to declare bankruptcy
Now we know that government will not let TG go into bankruptcy
http://www.bangkokpost.com/news/gene...y-says-thai-pm
Now you can keep your reservations guys!
http://www.bangkokpost.com/news/gene...y-says-thai-pm
Now you can keep your reservations guys!
#2
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What about a comprehensive "hope dies last"-strategy with
- increase revenues by more tourists coming to Thailand due to political stability and end of civil unrest
- increase revenues by a trend from LCC to "safe" carriers like TG after the Air Asia crash
- cut costs by lower fuel costs once TG can finally buy some non hedged fuel at normal prices
- increase revenues by more tourists coming to Thailand due to political stability and end of civil unrest
- increase revenues by a trend from LCC to "safe" carriers like TG after the Air Asia crash
- cut costs by lower fuel costs once TG can finally buy some non hedged fuel at normal prices
#3
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Now they come up with some detailed plans:
from The Nation:
National airline to downsize and reduce routes
January 27, 2015 11:27 am
The State Enterprise Policy Committee has approved in principle Thai Airways International's rehabilitation plan, which was discussed in a meeting on Monday chaired by the prime minister.
Measures will include a reduction of the airline's staffing by 5,000 and cancellation of its non-performing routes.
from The Nation:
National airline to downsize and reduce routes
January 27, 2015 11:27 am
The State Enterprise Policy Committee has approved in principle Thai Airways International's rehabilitation plan, which was discussed in a meeting on Monday chaired by the prime minister.
Measures will include a reduction of the airline's staffing by 5,000 and cancellation of its non-performing routes.
Last edited by JDiver; Feb 3, 2015 at 9:34 pm Reason: copyright violation
#4
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in Bangkokpost they mention they will also slash the Seoul Phuket flight and move many domestic flights such as Ubon, Udon, Surat to Thai Smile and reduce frequency
the 20% workforce reduction they will only do if the other measurements fail and only on a voluntary basis
maybe some of the flight reductions are also on a voluntary basis? if some local province bully still want to fly TG from the capital to his hometown a dozen times per year they will maintain?
the 20% workforce reduction they will only do if the other measurements fail and only on a voluntary basis
maybe some of the flight reductions are also on a voluntary basis? if some local province bully still want to fly TG from the capital to his hometown a dozen times per year they will maintain?
#5
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in Bangkokpost they mention they will also slash the Seoul Phuket flight and move many domestic flights such as Ubon, Udon, Surat to Thai Smile and reduce frequency
the 20% workforce reduction they will only do if the other measurements fail and only on a voluntary basis
maybe some of the flight reductions are also on a voluntary basis? if some local province bully still want to fly TG from the capital to his hometown a dozen times per year they will maintain?
the 20% workforce reduction they will only do if the other measurements fail and only on a voluntary basis
maybe some of the flight reductions are also on a voluntary basis? if some local province bully still want to fly TG from the capital to his hometown a dozen times per year they will maintain?
#6
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from the domestic routes there will be probably soon only HKT, CNX and maybe USM left
more impact will have the cut of BKK LAX and nearly half of the European destinations (in particular Southern Europe)
more impact will have the cut of BKK LAX and nearly half of the European destinations (in particular Southern Europe)
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#10
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you are of course all right: Chinese and Russians hold rank number 1 and 3 in the list of arriving tourists by nationalities.
and Scandinavians are ahead of Italians
http://en.wikipedia.org/wiki/Tourism_in_Thailand
and Scandinavians are ahead of Italians
http://en.wikipedia.org/wiki/Tourism_in_Thailand
#12
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#13
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Just some quick and condensed snippets I gather from this announcement.
1) 346 gone starting March 29
2) 6 older 333's gone starting March 29. (TEA/G/H/M), TEK on May 1, TEB on July 1
3) No mention of when the 744's go.
4) 2 77B's arriving 26/6 and 1/10
5) 2 788's arriving 1/5 and 1/7
6) TG910/911 to go 380 starting 1/7
7) TG970/971 to go 77B
8) TG419/420 (KUL) to transfer to WE
9) MXP/DPS/HYD/CMB are actually going UP in service frequency until the time they need to make a decision (as per the news article). BRU is being reduced though.
1) 346 gone starting March 29
2) 6 older 333's gone starting March 29. (TEA/G/H/M), TEK on May 1, TEB on July 1
3) No mention of when the 744's go.
4) 2 77B's arriving 26/6 and 1/10
5) 2 788's arriving 1/5 and 1/7
6) TG910/911 to go 380 starting 1/7
7) TG970/971 to go 77B
8) TG419/420 (KUL) to transfer to WE
9) MXP/DPS/HYD/CMB are actually going UP in service frequency until the time they need to make a decision (as per the news article). BRU is being reduced though.
#14
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you are of course all right: Chinese and Russians hold rank number 1 and 3 in the list of arriving tourists by nationalities.
and Scandinavians are ahead of Italians
http://en.wikipedia.org/wiki/Tourism_in_Thailand
and Scandinavians are ahead of Italians
http://en.wikipedia.org/wiki/Tourism_in_Thailand
#15
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