Thai Airways News

SE Asian Airlines To Profit As Myanmar Opens

Southeast Asian carriers are set to profit from the expected surge in leisure and business travel to Myanmar as it re-emerges from political isolation, but poor infrastructure is likely to slow development.
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Thai Airways Expects Q4 Loss Due to Floods

Thai Airways said on Friday it expects to post a net loss of THB5 billion baht (USD$157 million) in the fourth quarter due to floods and weaker passenger numbers, president Piyasvasti Amranand told reporters.
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Thai Airways May Face 2011 Net Loss

Thai Airways may face a net loss this year due to higher costs and floods that reduced passenger numbers, its president Piyasvasti Amranand told reporters.
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Tiger, Thai Drop Plans For Joint Venture

Singapore-based low-cost carrier Tiger Airways said on Wednesday it has dropped plans for a joint venture budget airline with Thai Airways due to its failure to get the necessary government approvals.
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Thai Air Cabin Factor Hit By Floods

Thai Airways said its cabin factor, the percentage of passenger seats sold, in October dropped to 65.8 percent, hit by the impact of floods.
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Thai Airways Returns To Net Profit In Q3

Thai Airways said on Wednesday it returned to a net profit for the third quarter, helped by gains from foreign exchange.
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Thai Air May Reduce Int'l Flights As Floods Hit

Thai Airways said on Tuesday it might reduce international flights from Bangkok's main Suvarnabhumi airport due to a shortage of staff because flooding has made living and travel conditions difficult in the capital.
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Budget Airlines Ride Crest of SE Asia Boom

Five years after Southeast Asia's biggest airport by passenger capacity opened in Bangkok, hailed as the dawn of a new breed of Asian mega-airports, the sleek, wave-shaped passenger terminal is already running at over-capacity.
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Airlines Should Brace For Tough Times - IATA

The International Air Transport Association warned of tough times ahead for the airline industry and the head of Thai Airways said financial market turmoil as the European and US economies slow down was "frightening".
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Krung Thai Bank Sells Airline Stake To Thai Air

State-run Krung Thai Bank is selling a 10 percent stake in budget airline Nok Air to national carrier Thai Airways, its president, Apisak Tantivorawonga, said on Tuesday.
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