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 (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.

Joe Miller
the authorJoe Miller
I have been living in Thailand for over 20 years and witnessed the many changes the country has undergone since the Asian Financial Crisis. I have spent time in Phuket, Samui, Hua Hin, and Chiang Mai, but I gravitate back to Bangkok when all is said and done. It is here that I spent years running a software development company and teaching at universities. These days I live on the Internet with Bangkok as my base. I never stopped believing in the enormous potential of Thailand's kingdom, which is why I joined the ThaiVest Team.

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