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On May 13, a source from the former board of directors of Thai Airways International Public Company Limited revealed to “Daily News Online” On Thai Airways ‘operations in the past to the present, which suffered large losses than Normally, Thai Airways’ revenues are around 200 billion baht per year and losses of 1 to 2 billion occur in some years. Therefore, it is in the management of the management sometimes The board itself cannot reach Because it is only responsible for monitoring the policies
However, Thai Airways’ operating profit is consistently good. Ask Why Thai Airways Is Losing You Must Look Back Especially in the years 2001 and 2011, when politics heavily interfered with Thai Airways, either to buy a new aircraft with a blocked specification that this type of aircraft must be from the desired country , such as Airbus 340 Airplane to be able to fly directly to Los Angeles, United States without having to go anywhere. Or having to buy some Boeing planes as the political parties of the United States want, not Thai Airways, etc.
So that politicians can negotiate with those countries and force open air routes AND restrict the closure of unprofitable routes, such as routes to Moscow, Los Angeles, San Francisco, etc., for the benefit of close political parties. It is a condition that the political division will allow the affiliate capital group to grow, regardless of Thai Airways’ operating results.
There is also a matter of selling tickets through Thai Airways agent tried to sell tickets online. But it seems unsuccessful because the price of tickets sold online is more expensive than selling tickets through the Agent. With the new plane, there is a principle that the purchase of a new plane should sell the property before the first, that the large plane uses more than 15-20 years, the cost of maintenance and spare parts from 4 to 5 years, the price is equal to the purchase of 1 new machine. If it cannot be done, the existing property will be affected because it cannot be sold. Depreciation becomes a loss figure.
Therefore, it is still necessary to purchase a new one to replace the old one. But you have to sell the old machine, like the Boeing 747, which is coming to an end in the next 1-2 years, you have to rush to sell. There will be companies that are doing air cargo business interested in Thai Airways, so They should be able to sell before the plane ends. Give a reasonable price If sold later, the price will drop considerably. The missing numbers are The number of losses concludes that buying a plane to replace the old one is still a necessity. But if you do, you need to sell the old device. Before the old device stops flying
But then NCPO joined in 2014 by General Prayut Chan Ocha as Prime Minister. He has come to improve Thai Airways’ rehabilitation plan. But he could not do it without the rehabilitation plan. National Aviation Administration must be a state company and the Ministry of Finance must maintain the state company as a national commercial airline and cannot allow the private sector to operate. Because it is related to stability
Therefore, the government will come to help this time. It must be under government conditions because commercial aviation is a very important matter of the state, the state will not allow the dominant foreign private potential to dominate and it will not free the private sector. Because the business of commercial aviation and the potential of commercial aviation is a security-related transportation issue that no government will allow private or foreign parties to dominate. In addition to affecting the price of travel expenses. Service standards, but also greatly affect aviation safety standards.
The emergence of the low-cost airline 20 years ago has completely changed the structure of the commercial aviation business, never again. Airlines registered with the Thai Civil Aviation Authority, CAAT, more than 40 airlines in 2019, only 2 airlines, only Air Asia and Bangkok Airways. Due to high competition in commercial aviation Until the spread of the Covid infection All airlines are lossless.
However, Thai Airways has yet to count more than 21% of its losses by holding Thai Smile with Nok Air, in addition to being a Thai Smile creditor with an estimated bad debt of over 8 billion baht. Due to all political policies.
Or even affect the construction of aircraft to support business objectives that seem to grow steadily. But almost all the problems stopped, there was stagnation worldwide and all the airlines had to face a loss. When humanity faces a worldwide epidemic of deadly diseases, at least until vaccine production is successful.
For making rehab plans You must be based on bankruptcy law standards relying on the Bankruptcy Court even without bankruptcy But allowing creditors to participate in the plan will make implementation politically free and can actually implement the plan, but Thai Airways must still be a state company. And the next national airline …
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