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AngMoh
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RE: Thai Traffic Plunges 43%, Board Members Resign

Mon Jul 21, 2014 11:48 pm

Quoting toxtethogrady (Reply 41):
Nothing good ever comes from a military coup. Just a whole lot of bad.

My Thai stockmarket investments are up more than 10% since the military coup   

Apparently tourism is down 10% overall but up 5% if it comes to European tourists only. They just waived visa fees for Chinese and Taiwanese tourist for the period July till October.
727 732 733 734 735 73G 738 739/ER 742 743 744/M 752 753 762 772 77E 773 77W 788 A300 A310 A319 A320 A321 A332 A333 A343 A345 A346 A359 A35K A388 DC-9 DC-10 MD11 MD81 MD82 MD87 F70 ERJ145 E170 E175 E190 E195 ATR72 Q400 CRJ200 CRJ700 CRJ900 BAE146 RJ85
 
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777Jet
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RE: Thai Traffic Plunges 43%, Board Members Resign

Tue Jul 22, 2014 12:09 am

I visited BKK twice in the last 6 weeks and it is a shame to see the situation being blown up by the foreign media. I arrived the day after the coup started and have never felt safer there. During three weeks there I only saw one group of military on the streets - it is not like what the scummy Western media shows on the news. For the first week or so of the coup most of the foreign news channels were blocked, as well as many Thai channels, and to be honest with the garbage they show I can completely understand why. If anything the coup has seen the number of protests decline so if anything the coup is better for tourists - if only they weren't brainwashed by their home media and shown footage from previous coups (I was in the Victory Monument and Siam Square areas on one of the days Western media was showing footage of tanks and heavy military presence apparently in those areas - there were none in site that day - what a surprise - more Western media lies. So, whilst TG has its own problems, the lies told by the Western media can foot some of the blame for declining tourism based on the miss information they spread. Thailand has never felt safer and now is a great time to visit! If only I had some more annual leave left  
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mercure1
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RE: Thai Traffic Plunges 43%, Board Members Resign

Tue Jul 22, 2014 3:15 pm

I cannot link, but poster on flightreport.com website provide trip report this week between BKK-FRA on A340-600 with only 80 passengers out of 267 seats onboard.

Very poor traffic activity.
mercure f-wtcc
 
bennett123
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RE: Thai Traffic Plunges 43%, Board Members Resign

Tue Jul 22, 2014 3:18 pm

Perhaps they need to add free excursions to the grave yard at Don Mueng  
 
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777Jet
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RE: Thai Traffic Plunges 43%, Board Members Resign

Wed Jul 23, 2014 2:34 am

Quoting bennett123 (Reply 53):
Perhaps they need to add free excursions to the grave yard at Don Mueng

And a round of golf at Kantarat - between the DMK runways. I played there 3 weeks ago and it was one of the best experiences of my life!
DC10-10/30,MD82/88/90, 717,727,732/3/4/5/7/8/9ER,742/4,752/3,763/ER,772/E/L/3/W,788/9, 306,320,321,332/3,346,359,388
 
MAN2SIN2BKK
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RE: Thai Traffic Plunges 43%, Board Members Resign

Wed Jul 23, 2014 4:52 am

Quoting mercure1 (Reply 52):
I cannot link, but poster on flightreport.com website provide trip report this week between BKK-FRA on A340-600 with only 80 passengers out of 267 seats onboard.

Very poor traffic activity

When my family flew the same route. BKK-FRA on the A340 recently there were only 2 free seats on the plane
 
behramjee
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RE: Thai Traffic Plunges 43%, Board Members Resign

Wed Jul 23, 2014 1:32 pm

Quoting mercure1 (Reply 8):
Here are reported load factors. Very terrible - especially market like Europe and Australia. Barely 50%. A380s must be flying with lots of open space.

System load factor: 59.8%,
Domestic: 62%,
Regional: 64.4%
Australia: 54.6%
Europe: 54.6%
North Pacific: 70.5%
Africa: 51%

http://centreforaviation.com/news/th...47114
Quoting LAXintl (Reply 42):
Thai published their June traffic numbers -- pretty appalling

Overall enplanements was down 19.3% on 3.5% less capacity. System load factor was mere 59.3%

Load factor by route:
Domestic - 60.5 %
Far East Regional - 60.2%
Oceania - 61.5 %
Europe - 56.3 %
Americas - 74.9 %
Africa - 48.4 %

So Africa in this case refers to JNB only as TG does not operate to any other African city. This is not surprising considering it only operates 3-4 times per week where as EK/QR/EY offer multiple daily options + CX daily via HKG + SQ via SIN. TG are better off code sharing with SAA via HKG to JNB and in turn suspending its own BKK-JNB flights operated by a B777-200ER.
 
DTWPurserBoy
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RE: Thai Traffic Plunges 43%, Board Members Resign

Wed Jul 23, 2014 2:17 pm

Sounds like TK needs a total reset.

The cost of providing travel to board members is negligable. Every airline does it. Many American carriers boards keep their free travel for life even after leaving the board.

I would start with all new upper management, a complete reevaluation of fleet requirements (the A380 is far too big for TK) and a complete revamp of the ground and inflight product. You have to invest money to make money. Some marginal stations will just have to be dropped or downgauged to smaller equipment. I would look to not only Thai business executives but Australia as well.

They could probably get a good return on leasing out the A380's.

The political situation erupts like this every few years and plays havoc with the entire Thai economy.
Qualified on Concorde/B707/B720/B727/B737/B747/B757/B767/B777/DC-8/DC-9/DC-10/A319/A320/A330/MD-88-90
 
Cassi
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RE: Thai Traffic Plunges 43%, Board Members Resign

Wed Jul 23, 2014 4:01 pm

Some other airports in the region are affected negatively too: traffic at Changi in June was down 0.3% YoY, the dip is mostly attributable to the Thai political situation.

http://www.straitstimes.com/news/sin...sengers-june-highest-year-20140723
 
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LAXintl
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RE: Thai Traffic Plunges 43%, Board Members Resign

Wed Jul 23, 2014 4:19 pm

Quoting Man2SIN2BKK (Reply 55):
When my family flew the same route. BKK-FRA on the A340 recently there were only 2 free seats on the plane

Must have been a rare exception.

According to Thai's posted traffic statistics, loads 50-60% is the norm for Europe.

Quoting DTWPurserBoy (Reply 57):
Sounds like TK needs a total reset.

TK = Turkish Airlines...
From the desert to the sea, to all of Southern California
 
DTWPurserBoy
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RE: Thai Traffic Plunges 43%, Board Members Resign

Thu Jul 24, 2014 1:59 pm

Ooops--typo. TG.....
Qualified on Concorde/B707/B720/B727/B737/B747/B757/B767/B777/DC-8/DC-9/DC-10/A319/A320/A330/MD-88-90
 
copter808
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RE: Thai Traffic Plunges 43%, Board Members Resign

Thu Jul 24, 2014 2:26 pm

Quoting 777Jet (Reply 51):
I visited BKK twice in the last 6 weeks and it is a shame to see the situation being blown up by the foreign media. I arrived the day after the coup started and have never felt safer there.

Although I haven't been there in a few months, I have been there during the demonstrations a few times and completely agree with you. It's more like "one big party" in some areas before the demonstrations start.

This is a GREAT time to visit because prices are down! I plan to be back there in about 10 days.
 
Hendrik438
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RE: Thai Traffic Plunges 43%, Board Members Resign

Thu Jul 24, 2014 7:28 pm

Bit offtopic but does anbody know why TG is sending a 744 instead of a 346 to FRA in addition to the 388 these days? Driven by demand or technical changes?
 
bennett123
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RE: Thai Traffic Plunges 43%, Board Members Resign

Thu Jul 24, 2014 7:43 pm

Given LF to Europe is only 56.3% seems strange.

How do the config compare.
 
bennett123
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RE: Thai Traffic Plunges 43%, Board Members Resign

Thu Jul 24, 2014 7:58 pm

Based on Thai website.

A340

8 Fist
60 Business
199 Economy

A380

12 First
60 Business
435 Economy

B747

9-10 First
40 Business
325 Economy


Therefore 1 A380 + 1 A340

20 First
120 Business
634 Economy

1 A380 +1 B747

21-22 First
100 Business
760 Economy

Could be the balance between Business and Economy ticket sales.
 
lawair
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RE: Thai Traffic Plunges 43%, Board Members Resign

Thu Jul 24, 2014 8:00 pm

Quoting LAXintl (Reply 59):
Must have been a rare exception.

According to Thai's posted traffic statistics, loads 50-60% is the norm for Europe

Not that rare for some routes like FRA. The average European loads are brought down by only certain routes in Europe. You can take a guess at which ones are the weak ones. It's also the low season in Thailand when loads have always been considerably lower. From what I hear, and this is not based on any statistical data I have, FRA is up and down. I know that there were at least a couple A380 FRA flights in the recent past that were 100% full in all classes. (I know a couple flight attendants for TG that were complaining about this. ) I'm sure there are also FRA flights this rainy season that are only 50% .
 
AT
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RE: Thai Traffic Plunges 43%, Board Members Resign

Thu Jul 24, 2014 8:09 pm

Quoting behramjee (Reply 5):
With Cathay suspending its own 4 weekly BKK-KHI services effective 28JUN, Thai would be a total fool to even consider suspending KHI for any reason what so ever. In 2013, 62,000 pax flew KHI-BKK and now TG has full monopoly on this route + providing the fastest option to many ASEAN destinations via BKK. Its current 5 weekly KHI flights (4 of which extend onwards to MCT) can be easily increased to daily and get filled with no problems what so ever.

True --Thailand is a very population destination from the subcontinent as it is significantly cheaper than many other countries. My cousin and her family go there almost yearly. Plus they have a virtual monopoly on eastbound routes from Karachi.

They could probably fill a daily 777-300 from Karachi, even without the Muscat add on.
 
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mercure1
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RE: Thai Traffic Plunges 43%, Board Members Resign

Fri Jul 25, 2014 3:50 am

So what should TG cut in Europe?

Looking at schedules this is what they have next week:

ARN - daily B77W
BRU - 4x weekly B77W
CDG - daily A380
CPH - daily B77W
DME - 4x weekly B777
FCO - 4x weekly B744
FRA - daily A380 + 5x weekly A346
LHR - daily B744 + daily A346
MAD - 4x weekly 777
MUC - daily B744
MXP - 3x weekly B744
OSL - daily 77W
ZRH - daily A346

That is very much capacity to be flying at only 50-60%
mercure f-wtcc
 
SASDC8
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RE: Thai Traffic Plunges 43%, Board Members Resign

Fri Jul 25, 2014 7:02 am

Quoting mercure1 (Reply 67):

First I would start by looking at all the destinations were they don't fly daily like MXP, FCO, DME and MAD. Sencondly I would look at the destinations that are double daily FRA and LHR, if the demand is still there.

But before any off that I would look at the specific numbers for each destination, keeping in mind that this is the slow season. I would think that the Scandinavian destination is dooing okey, even during the summer months.

On the other side this being TG, there will be a lot resistance within the airline if routes are cut/reduced.
2-3-2 is NOT a premium configuration
 
behramjee
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RE: Thai Traffic Plunges 43%, Board Members Resign

Fri Jul 25, 2014 7:58 am

Quoting mercure1 (Reply 67):
So what should TG cut in Europe?

Looking at schedules this is what they have next week:

ARN - daily B77W
BRU - 4x weekly B77W
CDG - daily A380
CPH - daily B77W
DME - 4x weekly B777
FCO - 4x weekly B744
FRA - daily A380 + 5x weekly A346
LHR - daily B744 + daily A346
MAD - 4x weekly 777
MUC - daily B744
MXP - 3x weekly B744
OSL - daily 77W
ZRH - daily A346

a) Suspend Milan, Madrid and Moscow
b) Reduce ARN/CPH/OSL each to 5 weekly B777s
c) On the gap days with the above reduction, use the B777 to FCO instead of costlier B744s
 
SASDC8
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RE: Thai Traffic Plunges 43%, Board Members Resign

Fri Jul 25, 2014 8:10 am

Quoting behramjee (Reply 69):
b) Reduce ARN/CPH/OSL each to 5 weekly B777s

Why should the reduce these flights? All I have heard is the all thes flights are doing fine even in the summer months.
2-3-2 is NOT a premium configuration
 
bennett123
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RE: Thai Traffic Plunges 43%, Board Members Resign

Fri Jul 25, 2014 8:13 am

So which ones are not doing fine.
 
runway23
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RE: Thai Traffic Plunges 43%, Board Members Resign

Fri Jul 25, 2014 8:25 am

Quoting SASDC8 (Reply 68):
But before any off that I would look at the specific numbers for each destination, keeping in mind that this is the slow season. I would think that the Scandinavian destination is dooing okey, even during the summer months.

I would tend to think the Scandinavian destinations are those that would be the most in danger.

The fact that Norwegian has come into the market, with EK/QR (or AY also for example) adding capacity, TG must feel the squeeze.

Quoting SASDC8 (Reply 68):
First I would start by looking at all the destinations were they don't fly daily like MXP, FCO, DME and MAD. Sencondly I would look at the destinations that are double daily FRA and LHR, if the demand is still there.

If they can get anything for it, then selling (or at least leasing out) one of the LHR slots would make sense, they could potentially compensate the lost capacity with an A380 if they really feel the pinch.

I think long-term, TG's strategy in Europe should be to feed on the main Star hubs (FRA, MUC, perhaps ZRH) with perhaps an upgauge in equipment on some of those, continue to fly to LHR and CDG and get rid of all the other destinations whilst at the same time relying more on Lufthansa and other star partners to funnel passengers to the remaining European destinations.
 
Hendrik438
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RE: Thai Traffic Plunges 43%, Board Members Resign

Fri Jul 25, 2014 9:10 am

Quoting runway23 (Reply 72):
I think long-term, TG's strategy in Europe should be to feed on the main Star hubs (FRA, MUC, perhaps ZRH) with perhaps an upgauge in equipment on some of those, continue to fly to LHR and CDG and get rid of all the other destinations whilst at the same time relying more on Lufthansa and other star partners to funnel passengers to the remaining European destinations.

I think that is a reasonable strategy especially since LH downgauged FRA-BKK to a 343 and is not offering F/CL on this route anymore. I guess being the only airline offering F/CL from Germany to BKK on direct flights offers some opportunities. Although of course prices on FRA-BKK do not match those on flights to HKG, HND etc....
AFAIK the LH flight FRA-BKK has a load factor over 80% even in summer so the demand should be there.
 
jetlag73
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RE: Thai Traffic Plunges 43%, Board Members Resign

Fri Jul 25, 2014 9:57 am

Well, TG prices are still sky high.
I checked a few dates CDG-PVG abd CDG-HKG for Sept and Oct in Y, TG is 1300€ compared to most others around 1000€.
Of course, EK is around 600€.
 
SASDC8
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RE: Thai Traffic Plunges 43%, Board Members Resign

Fri Jul 25, 2014 10:11 am

Quoting jetlag73 (Reply 74):

Did you check directly on thaiairways.com? They tend to be cheeper there than on other search engines.
2-3-2 is NOT a premium configuration
 
bennett123
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RE: Thai Traffic Plunges 43%, Board Members Resign

Fri Jul 25, 2014 11:04 am

Just tried their website;

Prices as follows;

Out 08/09/2014 return 15/09/2014

Shanghai e1293.82
Hong Kong e746.70

Out 18/09/2014 return 24/09/2014

Shanghai e1293.82
Hong Kong e746.70

Out 21/09/2014 return 28/09/2014

Shanghai e1368.82
Hong Kong e746.70

Out 04/10/2014 return 11/10/2014

Shanghai e1418.82
Hong Kong 1251.70

Out 07/10/2014 return 15/10/2014

Shanghai e1343.82
Hong Kong e1201.70

Out 10/10/2014 return 17/10/2014

Shanghai e1443.82
Hong Kong e1301.70

September prices to Hong Kong look reasonable.

But the other prices look steep compared to EK.
 
LondonCity
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RE: Thai Traffic Plunges 43%, Board Members Resign

Fri Jul 25, 2014 11:23 am

Quoting runway23 (Reply 72):
I would tend to think the Scandinavian destinations are those that would be the most in danger.

But TG is one of the few (if not the only one) of the long-haul foreign airlines to serve all three of the capital cities: Copenhagen, Oslo and Stocklholm.

It's also a region where it offers a "premium economy" product which is promotes only within Scandinavia.


http://www.businesstraveller.com/new...ndinavia-have-the-best-premium-eco
 
MAN2SIN2BKK
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RE: Thai Traffic Plunges 43%, Board Members Resign

Fri Jul 25, 2014 11:27 am

My own experience is that TG are expensive in Economy but reasonable in First and Business. A colleague has completed a schedule FRA-BKK-HKG return in First, he said the First and Business were full but the Economy was about 50%
 
LondonCity
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RE: Thai Traffic Plunges 43%, Board Members Resign

Fri Jul 25, 2014 11:37 am

Quoting Man2SIN2BKK (Reply 78):
My own experience is that TG are expensive in Economy but reasonable in First and Business. A colleague has completed a schedule FRA-BKK-HKG return in First, he said the First and Business were full but the Economy was about 50%

Thai offers standby upgrades from Y to J and F on departure from LHR to BKK. These represent a big saving on the full price of premium fare tickets.


www.thaiairways.co.uk/en_GB/plan_my_...ooking/THAI_Standby_Upgrades.page?
 
MAN2SIN2BKK
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RE: Thai Traffic Plunges 43%, Board Members Resign

Fri Jul 25, 2014 11:57 am

Quoting LondonCity (Reply 79):
Thai offers standby upgrades from Y to J and F on departure from LHR to BKK. These represent a big saving on the full price of premium fare tickets.

Done it myself: 560 Euros at the desk to upgrade Economy to Business and another time 26000 baht to upgrade Business to First on a BKK to LHR. My colleague paid 4600 Euros for return to HKG via the TG website
 
SASDC8
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RE: Thai Traffic Plunges 43%, Board Members Resign

Fri Jul 25, 2014 10:56 pm

Quoting LondonCity (Reply 79):

That is extremely cheep! Perhaps LHR is the destination the should cut at?

At least the are now trying to make changes:
http://www.nationmultimedia.com/busi...s-up-3-yr-rehab-plan-30239398.html
2-3-2 is NOT a premium configuration
 
LondonCity
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RE: Thai Traffic Plunges 43%, Board Members Resign

Sat Jul 26, 2014 4:37 pm

Quoting SASDC8 (Reply 81):
That is extremely cheep! Perhaps LHR is the destination the should cut at?

Yes. London is the most competitive aviation hub in Europe. And the problem for TG is that a) many/most passengere are leisure so shop around for good prices and b) the competition from the Gulf carriers who not only depart Heathrow but also operate out of Gatwick, Birmingham, Manchester, Newcastle and Edinburgh. That is why TG has attractive deals, especially in its premium cabins.
 
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mercure1
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RE: Thai Traffic Plunges 43%, Board Members Resign

Sat Jul 26, 2014 7:39 pm

Quoting SASDC8 (Reply 81):
At least the are now trying to make changes:

That article makes some interesting insight as to what plan will cover

TG rehabilitate plans include -

@ Reduce operating cost Bt4 billion by Q1 2015
@ Increase revenue by Bt3.5 billion by Q1 2015
@ Offer early retirement targeting 900 staff
@ Relocate Thai Smile from BKK to DMK
@ Reduce frequencies of flights with low LF
@ Establish committee to oversee rehabilitate plan
mercure f-wtcc
 
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LAXintl
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RE: Thai Traffic Plunges 43%, Board Members Resign

Sat Jul 26, 2014 11:55 pm

Quoting mercure1 (Reply 83):

@ Reduce operating cost Bt4 billion by Q1 2015
@ Increase revenue by Bt3.5 billion by Q1 2015

= Do they realize this is only 6-months away. They expect a Bt7.5 Bil swing in profitability?

Cutting cost is one thing, but trying to boost revenue is going to be a herculean task in light of the realities of traffic avoiding Thailand after the coup.

Quoting mercure1 (Reply 83):
@ Offer early retirement targeting 900 staff

= Good idea. I'm sure carrier is over staffed.

Quoting mercure1 (Reply 83):
@ Relocate Thai Smile from BKK to DMK

= Was Thai Smile not created to provide feed for TG and took over some TG own routes from BKK where the widebody was too big?
Moving to DMK will kill this connectivity and remove access to some cities from the broader TG network.

Quoting mercure1 (Reply 83):
@ Reduce frequencies of flights with low LF

= Also good idea. Probably need to kill a few routes entirely as well.


One thing I don't see is fleet rationalization. This would be a splendid time to consolidate, reduce complexity and get ready for future.
From the desert to the sea, to all of Southern California
 
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LAXintl
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RE: Thai Traffic Plunges 43%, Board Members Resign

Mon Aug 04, 2014 7:26 pm

I guess they are not wasting time moving some Thai Smile routes to DMK.


Starting this month routes to Chiang Mai, Kohn Kaen and Phuket will use DMK instead of BKK.
Also come October 26th, all remaining Thai Smile services will move from BKK to DMK also.

With loss of domestic and regional connectivity, TG says it will reallocate 5 or 6 of Thai Smiles 14 A320s into mainline fleet and use them to offer flights "deemed necessary for connecting with medium- and long-haul flights."

With the move Thai Smile will operate largely independently from its parent and take on players like Thai AirAsia per TG VP of Commerce.

THAI Smile Shifts Base To Take On Rivals
http://www.aviationpros.com/news/116...mile-shifts-base-to-take-on-rivals

=
From the desert to the sea, to all of Southern California
 
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mercure1
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RE: Thai Traffic Plunges 43%, Board Members Resign

Mon Aug 04, 2014 11:56 pm

So they want 2-class Thai Smile which is not exactly a low cost carrier to go up against Air Asia?  

These guys must want to lose money on purpose.

At the very least they need to turn Thai Smile into a high density all economy cabin to try to approach cost advantage Air Asia enjoys.
mercure f-wtcc
 
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LAXintl
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RE: Thai Traffic Plunges 43%, Board Members Resign

Tue Aug 05, 2014 2:51 pm

Yes seems like a recipe for disaster placing Thai Smile to go up against one of the strongest LCCs in the world.
From the desert to the sea, to all of Southern California
 
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777Jet
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RE: Thai Traffic Plunges 43%, Board Members Resign

Thu Aug 07, 2014 1:39 am

Quoting mercure1 (Reply 86):
So they want 2-class Thai Smile which is not exactly a low cost carrier to go up against Air Asia?
Quoting LAXintl (Reply 87):
Yes seems like a recipe for disaster placing Thai Smile to go up against one of the strongest LCCs in the world.

I never thought that Thai Smile was a good idea from the beginning and could not understand its exact purpose (It's not like what JQ is to QF as Thai Smile seems to be a fair bit more than a LCC).

Anyway, now that the AB6s are retired that is one less fleet type, wait a sec, the 787s are starting to arrive now so I take that back  
DC10-10/30,MD82/88/90, 717,727,732/3/4/5/7/8/9ER,742/4,752/3,763/ER,772/E/L/3/W,788/9, 306,320,321,332/3,346,359,388
 
planemanofnz
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RE: Thai Traffic Plunges 43%, Board Members Resign

Thu Aug 07, 2014 8:54 pm

I flew AKL-BKK-LHR last week with three seats to myself on the first leg, and two on the next one. Load factors were around 55%-65%. Such a shame - TG have great service, food and pitch!
 
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mercure1
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RE: Thai Traffic Plunges 43%, Board Members Resign

Fri Aug 08, 2014 3:00 pm

With move to DMK, Thai Smile will end service to Delhi and Hyderabad. Apparently TG will run them directly from BKK.

Thai Smile also lowered its 2014 revenue forecast by 20% due to "political crisis and a big drop in tourist arrivals".

http://thai.listedcompany.com/newsroom/20140801-thai-thenation01.pdf
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LAXintl
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RE: Thai Traffic Plunges 43%, Board Members Resign

Mon Aug 18, 2014 4:10 pm

TG says its planning 1,500 job cuts this year. Also expect to trim work force by 1/4 by 2018 (currently employs about 25,000 + 5,000 contractors)

Company says it will seek to reduce operating cost by 4bil BHT while raising revenue by 3bil BHT.

Also hoping to see its first positive quarter in Q4 after 7 successive loss making quarters, though it expects to rack up a larger loss in 2014 than its 2013 loss of 12bil BHT.

Per Air Chief Marshall Prajin Juntong - "The recovery plan will take root over the next 2-3 months and we will see in the next five years that Thai Airways will return to become a world-class carrier once more,"


http://www.themalaysianinsider.com/b...er-return-to-profit-plans-job-cuts

=
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LAXintl
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Joined: Wed May 24, 2000 12:12 pm

RE: Thai Traffic Plunges 43%, Board Members Resign

Sat Aug 30, 2014 11:30 pm

Released their July traffic numbers:


Cabin factor by region / Change yoy
- Domestic 68.0 (-7.9)
- Regional 66.8 (-13.9)
- Australia 75.2 (-8.3)
- Europe 72.5 (-7.7)
- North Pacific 69.5 (-9.2)
- Africa 66.6 (-4.3)
- Thai Smile 72.1 (-14.1)

=

Another month of poor performance as tourism stays away, and local economy stumbles along.
From the desert to the sea, to all of Southern California
 
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mercure1
Posts: 5171
Joined: Sun Jul 13, 2008 5:13 am

RE: Thai Traffic Plunges 43%, Board Members Resign

Sun Sep 14, 2014 7:03 pm

Government sets up a "Super Board" to overseas financial rehabilitation.

Airline says it has cash flow and credit lines projected to cover expenses only through March 2015.  Wow!
.
http://www.bangkokpost.com/news/loca...590/super-board-to-head-thai-rehab
mercure f-wtcc
 
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lightsaber
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Joined: Wed Jan 19, 2005 10:55 pm

RE: Thai Traffic Plunges 43%, Board Members Resign

Mon Sep 15, 2014 1:56 am

Quoting mercure1 (Reply 93):
Airline says it has cash flow and credit lines projected to cover expenses only through March 2015.  

No turn around can hapen in six months... That is horrid. Unless the coup is called off and elections prevail. Or more precisely, a sense of 'business stability' ensues enabling foreign direct investment to have confidence they can make a profit.

Lightsaber
6 months without TV. The best decision of my life.
 
MAN2SIN2BKK
Posts: 104
Joined: Thu Feb 12, 2009 9:53 am

RE: Thai Traffic Plunges 43%, Board Members Resign

Mon Sep 15, 2014 7:02 am

Quoting lightsaber (Reply 94):

Life is much better since the coup: no politicians bitching and rebel rousing. Business environment is much more stable and tourists are returning
 
col
Posts: 1707
Joined: Thu Nov 27, 2003 2:11 am

RE: Thai Traffic Plunges 43%, Board Members Resign

Mon Sep 15, 2014 9:42 am

More confidence in Thailand now. Lumpini Park is back to it's beautiful self, and Thailand has a history of re-building itself quickly after an uprising, that is bi-annually  . Thai's are a hardy bunch, just pick themselves up, quick dust off and away we go. The land of smiles. Hopefully TG make it, over 100 flights with them, they have their moments, but overall they are OK.
 
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777Jet
Posts: 6987
Joined: Sat Mar 08, 2014 7:29 am

RE: Thai Traffic Plunges 43%, Board Members Resign

Mon Sep 15, 2014 10:44 am

Quoting Man2SIN2BKK (Reply 95):
Life is much better since the coup: no politicians bitching and rebel rousing. Business environment is much more stable and tourists are returning

I arrived the day after the coup started and I had never felt safer during any of my dozens of trips to BKK or during my time living there (I was also there during the 2006 coup). I left for a few weeks and then returned about a month after the coup started and still felt that it was business as usual in the land of smiles and it was a safe and perfect time to visit. I can't wait for my next trip there! I hope TG can recover though because I would not be surprised if many foreigners would avoid Thailand and TG as they tend to get brainwashed by the lying Western media...
DC10-10/30,MD82/88/90, 717,727,732/3/4/5/7/8/9ER,742/4,752/3,763/ER,772/E/L/3/W,788/9, 306,320,321,332/3,346,359,388
 
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LAXintl
Topic Author
Posts: 25341
Joined: Wed May 24, 2000 12:12 pm

RE: Thai Traffic Plunges 43%, Board Members Resign

Mon Sep 15, 2014 8:17 pm

Quoting 777Jet (Reply 97):
foreigners would avoid Thailand and TG as they tend to get brainwashed by the lying Western media...

It does not help either to have two Europeans are killed on a beach either....

Two British tourists have been killed in an attack on a beach in southern Thailand
http://www.bbc.com/news/uk-29203116

=

At the end of the day, until the coup government moves aside, a democratic government takes is place, and the world regains confidence in Thailand as travel advisories are lifted, the nation will be on the "avoid" list for many.

Here in the US one large travel group includes a mandatory notice to clients that seek prices on Thailand tickets or packages that likely has them think twice.

But ultimately its up to the Thai's to rebuild the worlds confidence in them as a place to visit or do business in.
From the desert to the sea, to all of Southern California
 
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777Jet
Posts: 6987
Joined: Sat Mar 08, 2014 7:29 am

RE: Thai Traffic Plunges 43%, Board Members Resign

Mon Sep 15, 2014 8:25 pm

Quoting LAXintl (Reply 98):
It does not help either to have two Europeans are killed on a beach either....

It would not surprise me if they were killed by a fellow foreigner.

I know it happened in Thailand and that is not good for the image there but it might have had something to do with the choices the two made. Then again, they could have been robbed by locals. Let's wait and see what happens...
DC10-10/30,MD82/88/90, 717,727,732/3/4/5/7/8/9ER,742/4,752/3,763/ER,772/E/L/3/W,788/9, 306,320,321,332/3,346,359,388

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