Thailand Company News

Thai Airways Cuts Non-Fuel Expenses

Thai Airways Cuts Non-Fuel Expenses 19% From January to May (Blomberg)
Thai Airways International Pcl, the nation’s biggest carrier, said it cut expenses not relating to fuel by 19 percent from January to May. The carrier reduced costs on aircraft rentals, parts, crew and marketing by 8.1 billion baht ($238 million) in the first five months of 2009 compared with last year, it said in an emailed statement today. It targets a reduction of 10.8 billion baht for the whole year, it said.

Thai Airways Cuts Non-Fuel Expenses 19% From January to May

Thai Airways International Pcl, the nation’s biggest carrier, said it cut expenses not relating to fuel by 19 percent from January to May. The carrier reduced costs on aircraft rentals, parts, crew and marketing by 8.1 billion baht ($238 million) in the first five months of 2009 compared with last year, it said in an emailed statement today. It targets a reduction of 10.8 billion baht for the whole year, it said.

Joe Miller
the authorJoe Miller
I have been living in Thailand for over 20 years, witnessing the remarkable changes the country has undergone since the Asian Financial Crisis. Throughout my time here, I have lived Phuket, Samui, Hua Hin, and Chiang Mai, but ultimately, I always find myself returning to the bustling city of Bangkok. This dynamic metropolis served as the perfect setting for me to run a software development company and teach at universities. Nowadays, I embrace the digital world, with Bangkok as my home base. My unwavering belief in the enormous potential of Thailand and its people inspired me to create Thaivest. Through this platform, I aim to help individuals from around the globe discover how to thrive and make a fulfilling living in this captivating country.

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