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1-2-Go to suspend operations for nearly 2 months

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1-2-Go to suspend operations for nearly 2 months

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Old Jul 18, 2008, 3:20 pm
  #1  
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Join Date: Aug 2005
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1-2-Go to suspend operations for nearly 2 months

BANGKOK: -- Low-cost carrier One-Two-Go will suspend its operations from July 22 to September 15, making it the first airline victim of record oil prices.

Founder and CEO Udom Tatiprosongchai said the unrelenting rise in oil prices had forced the airline to shut down temporarily.

During this period there will be a reorganisation to prepare for a return to business. (The Nation)

More at http://tinyurl.com/5khewq
billp is offline  
Old Jul 18, 2008, 8:56 pm
  #2  
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More likely they lost their insurance coverage, no doubt as a result of the revelations coming to light after the recent crach at HKT.
transpac is offline  


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