1. Operating Results for August 2014
The THAI Board of Directors acknowledged the Company’s operating performance for August 2014. Airport of Thailand’s statistics showed that inbound and outbound international air traffic through Suvarnabhumi Airport improved 15 percent in August, compared to July, but was still 13.3 percent lower than August 2013. As a result, THAI adjusted flight frequencies to better reflect actual travel demand, thus lowering Available Seat-Kilometer (ASK) including that of THAI Smile Airways to be 3.6 percent lower than the same month last year. Revenue Passenger-Kilometer (RPK) including that of THAI Smile Airways was 6.9 percent lower than the same month last year – with intercontinental routes 8.3 percent lower and Asia’s routes 5.7 percent lower than the same month last year, while RPK on domestic routes including THAI Smile Airways was 5.1 percent lower than the same month last year. Cabin Factor including that of THAI Smile Airways averaged 75.3
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BANGKOK, 8 March 2021: Thai Airways International Airways estimates it will cut another 6,000 to 7,000 jobs this year, reducing the workforce to around 14,000 employees.
Thai Airways International Public Company Limited (THAI) acting president, Chansin Treenuchagron, revealed cost-cutting measures last week after the airline submitted its financial rehabilitation plan to the official receiver to comply with the Central Bankruptcy Court order.
The reductions follow an earlier round late last year when the airline cut the workforce from 29,000 to 21,000 employees. The airline is reducing jobs to approximately 14,000 to 15,000 and is optimising the pilot pool to be in parallel with new fleet and flight hour requirements.