Thai Airways’ profits dive 83% year-on-year

[Cereal]

So they blame Pakistan on closing its airspace so they cancelled all their flights to Europe. 

 

Go around.

[potless]

The point of my post number 84, is that there is no such thing as the cheapest or dearest when it comes to international travel. To say that a carrier is "usually" cheaper or dearer doesnt mean that they always are. different travel agents have different deals that come and go quickly. Its just luck.

[bwpage3]

Corruption. Plain and simple. No other excuses needed. The executives realize year in and year out, the gov't will bail out Thai Airways not matter how far in the red they are. 

[metisdead]

Off topic posts and replies have been removed. 

[White Christmas13]

I booked a flight today to Bangkok from Perth and the baggage

allowance is still 30 kg

 

 Baggage allowance 30 Kg(s) 

[connda]

Well that's hard to believe given the stellar tourism numbers!  Probably long-stay expats are stowing away in the wheel-wells and sucking the profits out of the mouths of Thai Air execs.  I mean, what else could it be?

[owenm]

Around 2010 Thai were reasonably competitive for a full service airline. My Royal Orchid card couldn't be combined with my partner to accrue additional points. Cheaper Xx flights have no flight points now, so my card accrued zero points and was closed after a couple of years.

 

A major benefit of the card was an additional 10kg of free baggage on top of the standard 30kg limit.. Now the standard check in limit has dropped to 20kg, much of the fleet is still very old and fares are uncompetitive compared to other major players.. If you book 6 months ahead, or 3 months ahead the fares are still the same as for a 6 week booking, with exception for seasonal price variations.. 

 

If Thai cannot be competitive, their market share will further erode until they become extinct.. 

[dallen52]

50 minutes ago, bkkdawg said:

They're too expensive - simple as that... Seems they've priced themselves out of the market

I just looked at a one way from Melbourne to Bangkok for early June. 

$420. Using on line booking. 

Non stop. 

I get 40kg baggage allowance because of status. 

*If I bought the same ticket from Thai airways direct its $70 dearer.

 

That's more like it.

(I have retirement extension and re entry stamp, just in case someone says you need a return or flight out of Thailand)

[connda]

6 hours ago, shady86 said:

Always put the blame on external factors. Typical Thainess, never look at ownself and self improvement.

That's is actually spot on.  I taught Thais English for 3 years and the one thing I personally learned was that Thais are almost completely unable to self-criticize.  The reason I brought the subject of self-criticism up with my classes is because, as a non-Thai educator, I used self-critic on a daily basis: What went well with the lessons, what didn't go well, how come (do a little analysis), and how do I change to do better the next time.
Ask a Thai to do that level of self-assessment?  <laughs>  That's a loss of face, and a loss of face can not be abided.  Thais are blameless: only outside factor can be to blame!  Blame the Pakistanis.  Blame the Bank of Thailand, who by the way, will blame the Chinese. 

 

This is, by the way, why Thailand will never become a First World country.
They are completely unable to self-assess as well as completely unable to project into the future and make plans - which is a great attribute for those seeking to be monks, but horrible attributes for high level executives. 

[White Christmas13]

19 minutes ago, dallen52 said:

I just looked at a one way from Melbourne to Bangkok for early June. 

$420. Using on line booking. 

Non stop. 

I get 40kg baggage allowance because of status. 

*If I bought the same ticket from Thai airways direct its $70 dearer.

 

That's more like it.

(I have retirement extension and re entry stamp, just in case someone says you need a return or flight out of Thailand)

Well I booked today Perth Bangkok return for $ 666 non stop with Thai and baggage

is still 30 kg

[Jonnapat]

6 hours ago, PatOngo said:

That can only mean one thing......time to buy more planes. I just love Thai logic!

It's time to buy more planes because many of the existing ones are pretty old.

[Mavideol]

1 minute ago, Jonnapat said:

It's time to buy more planes because many of the existing ones are pretty old.

so it's the majority of their government/rulers, time for a new one as well

[Mavideol]

59 minutes ago, Cereal said:

So they blame Pakistan on closing its airspace so they cancelled all their flights to Europe. 

 

Go around.

Thainess same old story...it's not us it's them

[user46546545]

Yep- put the blame elsewhere except on yourselves- how typical!!!!!!

[hugocnx]

7 hours ago, ChipButty said:

Put the price up

Fascinating though. Last time I traveled out of Thailand, agent P&P came up with Thai Air flight CNX-BKK. Now hold on I said, to expensive, I'll do with BKK air. Seemed Thai Air had a promotion !??!. Okay, why not; luggage free and booked through on international. Never heard of TA doing any promotions.

Stop being Hi-So Thai Air and make your flights affordable to many/all people. 

I must say, Thai Cargo is very good. Many flights and same price as the rest. 

[BernieOnTour]

well... if Mr. Sumeth is there or not, does not seem to matter too much - they managed to operate without CEO for 2 years after Mr. Charamporn‘s retirement ????

 

And, in the 1st quarter 2018: „ Thai Airways reported a 14% drop in net profit for January-March after booking a loss for 2017.“ ????

[BernieOnTour]

2 hours ago, connda said:

This is, by the way, why Thailand will never become a First World country.
They are completely unable to self-assess as well as completely unable to project into the future and make plans - which is a great attribute for those seeking to be monks, but horrible attributes for high level executives. 

Well, if they are so horrible, how do you access 1st world countries then ???

 

eg. comparison of the annual GDP growth rates of Thailand versus the UK:

[Nanaplaza666]

They dont fly to amsterdam, i geuss if they fly to amsterdam schiphol and lower their prices a fair bit , they can steal some freqeunt flyers from eva and klm. there is nothing wrong with their planes ,quit nice actualy very nice bussines . China was flying direct flight from schiphol before bussines 1500euro good price but thai bussines much nicer because china was using old planes at the end . Now not flying at all . I think thai air can do good bussines if fly schiphol bkk direct . And lower their prices ofcourse not 3000euro business but around 1800 , better full bussines for 1800 a chair then empty and sell only one seat for 3000 .

[hotchilli]

Going downhill fast for many reasons.. once a good airline with a reputation for good service at a reasonable price, those days are long gone.

[Fex Bluse]

Thought they could rely endlessly on Chinese tourism. 

 

Then, they smacked one at the airport. 

 

Then they drowned a few and someone from the Administration made a course remark.

 

Then the Americans started making life more difficult for the Chinese. 

 

And just like that Chinese tourism almost vanished. 

[Fex Bluse]

2 hours ago, connda said:

Thailand will never become a First World country.
They are completely unable to self-assess as well as completely unable to project into the future and make plans

One of the most useful things to understand about Thailand 

[metisdead]

A nonsense post has been removed as well as an inflammatory reply. 

[TomyumFarangSe]

They are funny, concerning the Pakistani air space, every airline anticipated the problem and re-route their flight automatically, only TG decided to keep 5,000 passengers stucking in bkk.... 

 

Instead of blaming external sources, maybe will it be better to blame the decision makers.

[shady86]

Well, if they are so horrible, how do you access 1st world countries then ???

 

eg. comparison of the annual GDP growth rates of Thailand versus the UK:

Can you find a First World Country with GDP growth rate of more than 3% annually? Other than China, maybe less than 5 countries in the world. Developed countries are measured by GDP per capita, not growth rate. India and Vietnam are growing at 7% now, are they considered first world? A country's development is not only measured by GDP growth but productivity and human development. You can see first world infrastructure in Thailand, especially Bangkok but mentality is not even 3rd world country standard.

 

[kingdong]

lack of customers?they should take a leaf out thai bar girls book and increase their prices

[Uncle Col]

I recently retired so we have moved from business class over the last 8 years back to economy, Sydney/Bangkok/Chiang Mai.

I've found Thai airways to be reasonably priced for the service and planes they fly. I recently flew Qantas which I haven't done for ages and realised why.

Small planes everyone else uses on domestic flights and the worst service I've had in 10 years!

I must admit Emirates is still very good too, but for a couple of hundred bucks I would much rather fly in a full sized 4 engine plane where service is still provided. I will never again fly Qantas, maybe Jetstar, but not the very expensive full fare crappy headline airline.

[helloagain]

The chief needs to fly singapore airlines he will learn a lot. In the last year ive flown with them business class to S. A. Another holiday business to L. A. On another premiun economy to london all on time, all excellent caring staff, great food. All from phuket. I will never fly B. A. again staff rude, old, and a ripoff when i had to fly back early. 

[Sydebolle]

Go back to the roots and see, what TG was upto 1992 - a first class carrier and the pride of Thailand.

Today an overpriced, nepotism-operated arrogant of idiots running the „national“ carrier. Their monopoly in Suvannaphoum keeps them partly afloat apart from the fact that 70% is owned by the Ministry of Finance. Latter are seriously considering purchasing another mega fleet of airplanes while the company is seeping money as if there is no tomorrow.

Get professionals in to eventually mend what got professionally broken over the last 25+ years or operate only Thai Smile, the same aircraft charging for a BKK-KKC ticket ⅓ of Thai Airways and both, TG and WE passengers sit next to each other. 

If you cannot beat them, then join them. For TG so far not a necessity as the state picks up all the financial damage for the time being. Well, the generals and friends can fly around on freebies for the time being 8-) 

[marcusarelus]

2 minutes ago, Sydebolle said:

Go back to the roots and see, what TG was upto 1992 - a first class carrier and the pride of Thailand.

Today an overpriced, nepotism-operated arrogant of idiots running the „national“ carrier. Their monopoly in Suvannaphoum keeps them partly afloat apart from the fact that 70% is owned by the Ministry of Finance. Latter are seriously considering purchasing another mega fleet of airplanes while the company is seeping money as if there is no tomorrow.

Get professionals in to eventually mend what got professionally broken over the last 25+ years or operate only Thai Smile, the same aircraft charging for a BKK-KKC ticket ⅓ of Thai Airways and both, TG and WE passengers sit next to each other. 

If you cannot beat them, then join them. For TG so far not a necessity as the state picks up all the financial damage for the time being. Well, the generals and friends can fly around on freebies for the time being 8-) 

Good time to hire people from Boeing.

[DUNROAMIN]

From where I fly from in Isaan country, Thai airways (smile) are the most expensive, so, if the airline is losing money big time, that would mean that all the other airlines are losing money as well, considering the competitors are far cheaper.!!!!