BANGKOK, 21 January 2012 (NNT) – The country’s flag-carrier, Thai Airways International, said that recent travel advisories against Thailand have not hurt its business just yet.
Mr. Piyasvasti Amranand, President of Thai Airways International, revealed that the flag-carrier’s business has experienced a slight on-year drop of 8.9% in December 2011.
He said the fall was largely due to foreign travelers’ cancellation or postponement of domestic flights because of last year’s severe flooding.
Thai Airways President said that while last December’s capacity stood at 68.1%, the company’s 2011 operation has enjoyed a 3.9% growth in passenger numbers. Accordingly, Thai Airway has recorded the 2011 loss that was THB 5 billion less than in the preceding year.
However, Mr. Piyasvasti pointed out that the impact from the issuance of travel advice by several governments, after the US Embassy in Bangkok posted a terror alert for its citizens in Thailand, remains something to be cautious about.
So far, the flag-carrier’s operation has not been affected by this issue and the company’s President hopes that the airlines’ capacity utilization will be intact, at least for the month of January.
Read more: NNT