Moderators: jsumali2, richierich, ua900, PanAm_DC10, hOMSaR

 
User avatar
mercure1
Topic Author
Posts: 4758
Joined: Sun Jul 13, 2008 5:13 am

Re: Updated: Thai Airways enters Bankruptcy Protection

Mon Jun 08, 2020 6:45 pm

:eyepopping: Thai Airways rehabilitation may take up to seven years, legal advisor says

https://www.reuters.com/article/us-thai ... SKBN23F0X2

TG also pushed back the resumption of international services until August 1st.
mercure f-wtcc
 
TheEuphorian
Posts: 421
Joined: Tue Jan 03, 2017 9:35 am

Re: Updated: Thai Airways enters Bankruptcy Protection

Sun Jun 21, 2020 10:24 am

Can't really find a legitimate source for it, but there are rumors on facebook because somebody leaked some information from a TG board meeting that TG will kill off WE, and will reintroduce mainline flights on Thailand domestic routes, with widebodies, and a true J product.
 
eamondzhang
Posts: 1727
Joined: Thu Sep 23, 2010 8:23 am

Re: Updated: Thai Airways enters Bankruptcy Protection

Sun Jun 21, 2020 11:34 am

TheEuphorian wrote:
Can't really find a legitimate source for it, but there are rumors on facebook because somebody leaked some information from a TG board meeting that TG will kill off WE, and will reintroduce mainline flights on Thailand domestic routes, with widebodies, and a true J product.

I agree that WE is a complete nonsense however I do believe TG definitely needs a fleet of A320s, maybe getting some sort of recliner on them as well.

Some routes are simply more frequency driven and also some other routes might not need the capacity of a widebody - e.g. PNH.

A320's capacity matches quite a bit more route profiles than what sort of competition TG faced a few years ago unfortunately.

Michael
 
User avatar
Antaras
Posts: 697
Joined: Thu Aug 15, 2019 6:18 am

Re: Updated: Thai Airways enters Bankruptcy Protection

Sun Jun 21, 2020 12:40 pm

TheEuphorian wrote:
Can't really find a legitimate source for it, but there are rumors on facebook because somebody leaked some information from a TG board meeting that TG will kill off WE, and will reintroduce mainline flights on Thailand domestic routes, with widebodies, and a true J product.

ThaiSmile's existence is nonsensical as TG also owns Nok.
I think that TG will merge WE's fleet and start its domestic ops by those narrowbodies.
Edit signature
This is a block of text that can be added to posts you make. There is a 255 character limit.
 
avier
Posts: 1083
Joined: Tue Aug 07, 2018 12:38 pm

Re: Updated: Thai Airways enters Bankruptcy Protection

Sun Jun 21, 2020 3:12 pm

TheEuphorian wrote:
Can't really find a legitimate source for it, but there are rumors on facebook because somebody leaked some information from a TG board meeting that TG will kill off WE, and will reintroduce mainline flights on Thailand domestic routes, with widebodies, and a true J product.

Such poor decision making. WB on very short domestic routes? That too when having cut throat competition with LCC's that operate NB's with a lower cost/unit. WB would be a bad choice for short haul in such a competitive market. This ain't Japan, it's Thailand. They can stick to A320 and Neo's. It's not like people are going to pay a huge premium to fly short haul TG on WB for their premium product, that too in a very price sensitive market.
If this is what their board members are planning, no wonder TG is where it is today. And they were mostly loss making over the last decade too, i.e even during pre-covid times.
 
TheEuphorian
Posts: 421
Joined: Tue Jan 03, 2017 9:35 am

Re: Updated: Thai Airways enters Bankruptcy Protection

Sun Jun 21, 2020 3:27 pm

avier wrote:
TheEuphorian wrote:
Can't really find a legitimate source for it, but there are rumors on facebook because somebody leaked some information from a TG board meeting that TG will kill off WE, and will reintroduce mainline flights on Thailand domestic routes, with widebodies, and a true J product.

Such poor decision making. WB on very short domestic routes? That too when having cut throat competition with LCC's that operate NB's with a lower cost/unit. WB would be a bad choice for short haul in such a competitive market. This ain't Japan, it's Thailand. They can stick to A320 and Neo's. It's not like people are going to pay a huge premium to fly short haul TG on WB for their premium product, that too in a very price sensitive market.
If this is what their board members are planning, no wonder TG is where it is today. And they were mostly loss making over the last decade too, i.e even during pre-covid times.

Yup, I would have agreed with their decision to kill off the WE brand and consolidate to mainline TG for domestic and regional routes, mainly because WE is redundant, but however, throwing A330s or 77Ws on routes to cities that are heavily served by A320/737-800 of random DMK-based LCCs is a poor decision, unless they are going to serve it using the A320s that they are taking over from WE.
 
cityshuttle
Posts: 136
Joined: Mon Jan 02, 2017 3:56 pm

Re: Updated: Thai Airways enters Bankruptcy Protection

Sun Jun 21, 2020 4:19 pm

But that isn’t anything new ... I have flown BKK-CNX and CNX-BKK with both 777 and 359 in 2018. Amongst several WE flights there are also various WB flights by TG per day
 
User avatar
mercure1
Topic Author
Posts: 4758
Joined: Sun Jul 13, 2008 5:13 am

Re: Updated: Thai Airways enters Bankruptcy Protection

Sun Jun 21, 2020 4:52 pm

The whole point of WE was to provide a lower-cost vehicle for TG Group with its separate AOC, staff, etc.

When founded TG said the following:

“THAI Smile fills a key role for Thai International, which, as a legacy carrier featuring a large fleet of wide-bodied aircraft, cannot effectively compete on domestic and regional routes,”

“With all-A320 fleet operating short-haul segments, lower cost structure permits THAI Smile to offer attractive yet compensatory fares filling in for TG on key domestic and regional routes.”

Merging everything back into the legacy TG operation even if they keep A320 will layer on the higher TG cost structure and overhead.

Honestly I don't see the benefit. If anything TG needs to look more like WE, not WE to look like TG when the region is full of low-cost competition
mercure f-wtcc
 
Fiend
Posts: 205
Joined: Sun Jun 19, 2016 8:53 pm

Re: Updated: Thai Airways enters Bankruptcy Protection

Sun Jun 21, 2020 5:15 pm

cityshuttle wrote:
But that isn’t anything new ... I have flown BKK-CNX and CNX-BKK with both 777 and 359 in 2018. Amongst several WE flights there are also various WB flights by TG per day


I have flown BKK-CNX and CNX-BKK on A333, A359, 772, 773 and 77W... TG prices the WB flights a fair bit cheaper than the WE NB flights. Every time I've flown that route they've had good loads with very few empty seats on the wide-bodies..
BAC 1-11, A300, A320, A321, A330, A340, A350, A380, B737, B747, B757, B777, B787, L1011, Fokker 100, ATR 72, MD83
 
User avatar
mercure1
Topic Author
Posts: 4758
Joined: Sun Jul 13, 2008 5:13 am

Re: Updated: Thai Airways enters Bankruptcy Protection

Tue Jun 23, 2020 9:53 pm

TG unions up in arms at "unreasonable" proposed benefits cuts and filed a protest with labor ministry.

https://www.bangkokpost.com/business/19 ... nefit-cuts
https://thethaiger.com/news/business/th ... d-benefits
mercure f-wtcc
 
tso310
Posts: 6
Joined: Wed May 02, 2018 9:16 am

Re: Updated: Thai Airways enters Bankruptcy Protection

Wed Jun 24, 2020 7:00 pm

Antaras wrote:
TheEuphorian wrote:
Can't really find a legitimate source for it, but there are rumors on facebook because somebody leaked some information from a TG board meeting that TG will kill off WE, and will reintroduce mainline flights on Thailand domestic routes, with widebodies, and a true J product.

ThaiSmile's existence is nonsensical as TG also owns Nok.
I think that TG will merge WE's fleet and start its domestic ops by those narrowbodies.

Not true. Thai only owns 21% of Nok and its not even the majority shareholder. Nok only flies out of DMK and you can not book Nok flights on the Thai website, well certainly pre Covid-19. BFV is our local airport and its only Thai Air Asia and Nok to DMK. Smile was Thai's domestic and regional carrier from BKK for a number of destinations. A number of domestic and regional routes were transferred to Smile last year as part of the usual excuse of trying to sort out the mess that Thai has been in ever since dear old General Prem decided to merge Thai International with Thai Airways Corporation a few decades ago. I was a regular on Thai throughout the 80s and 90s. The ME3 are cheaper and better these days.
 
User avatar
LAXintl
Posts: 24513
Joined: Wed May 24, 2000 12:12 pm

Re: Updated: Thai Airways enters Bankruptcy Protection

Thu Jul 02, 2020 10:03 pm

And here comes yet another president.

Thai Airways International has appointed Chansin Treenuchagron as acting president. He replaces Chakkrit Parapuntakul, who resigned but will remain on the board.

Thai Airways picks former PTT oil chief as acting president
https://asia.nikkei.com/Business/Transp ... -president
From the desert to the sea, to all of Southern California
 
User avatar
mercure1
Topic Author
Posts: 4758
Joined: Sun Jul 13, 2008 5:13 am

Re: Updated: Thai Airways enters Bankruptcy Protection

Fri Jul 10, 2020 5:32 pm

A so-called "Survival Team" has been formed to produce a business plan for Thai Airways as blueprint which the airline will submit to the Central Bankruptcy Court on August 17.

https://thethaiger.com/hot-news/economy ... vival-team
https://www.bangkokpost.com/business/19 ... ai-airways
mercure f-wtcc
 
User avatar
LAXintl
Posts: 24513
Joined: Wed May 24, 2000 12:12 pm

Re: Updated: Thai Airways enters Bankruptcy Protection

Thu Jul 16, 2020 4:58 pm

Amedeo Air Four Plus (UK) is in discussions with the lending banks for the Thai Airways International transaction, as Thai has not paid any lease payments since 22 May 2020. Amedeo has requested that the lending banks draw on the security deposits to cover interest only payments under the debt during that period.

https://www.rns-pdf.londonstockexchange ... 0-7-15.pdf
From the desert to the sea, to all of Southern California

Who is online

Users browsing this forum: 9lflyguy, A340TLS, Aa068, AA737-823, aaway, adtall, Andy33, Baidu [Spider], Bing [Bot], Boeing757rb211, DLASFlyer, Google Adsense [Bot], holeham, hooverman, jrfspa320, karungguni, MrHMSH, N47, NameOmitted, Noshow, Oliver2020, ordpark, Pilotmansam15, QF742, Qmans, ramprat320, SCFlyer, Tuan and 419 guests

Popular Searches On Airliners.net

Top Photos of Last:   24 Hours  •  48 Hours  •  7 Days  •  30 Days  •  180 Days  •  365 Days  •  All Time

Military Aircraft Every type from fighters to helicopters from air forces around the globe

Classic Airliners Props and jets from the good old days

Flight Decks Views from inside the cockpit

Aircraft Cabins Passenger cabin shots showing seat arrangements as well as cargo aircraft interior

Cargo Aircraft Pictures of great freighter aircraft

Government Aircraft Aircraft flying government officials

Helicopters Our large helicopter section. Both military and civil versions

Blimps / Airships Everything from the Goodyear blimp to the Zeppelin

Night Photos Beautiful shots taken while the sun is below the horizon

Accidents Accident, incident and crash related photos

Air to Air Photos taken by airborne photographers of airborne aircraft

Special Paint Schemes Aircraft painted in beautiful and original liveries

Airport Overviews Airport overviews from the air or ground

Tails and Winglets Tail and Winglet closeups with beautiful airline logos