Price-cutting not on agenda as THAI seeks turnaround in fortunes

[SmartyMarty 515]

13 minutes ago, lapamita said:

that depend on load and promos. i dont think y bought an full price eco ticket ( in this case fares are comparable). depending on promos and reduced fares, one time this airline cheaper and another day thai.

You cant say Thai is always more expensive espec on longhaul flights. 

 

 

Actually I can say Thai are more expensive on long haul flights because I have actual experience of this booking flights several times a year. One cannot argue with facts. Thai are over-priced. However, in other areas such as comfort and food they are as good as anyone else in my opinion.

[lapamita 243]

2 minutes ago, holy cow cm said:

Just bought domestic economy tickets the other day for later next week travel leading into the return the following week. CM - BKK - CM all not on a Friday or Monday and the cost was 6300 baht. Now tell me that is cheap.
 

i dont belive so....  why you buy ??? at this price would never buy,and there many other choices  much lower price...

this maybe the full rate ,and this would only implied if LF alreay nearly full

 

you know in yourr homecountry ,how expensive is a full fare ticket for local destination from a flag carrier?

 

when i fly cm and return on thai or thaismile never pay more than 3000 (peak days excl)

 

[lapamita 243]

16 minutes ago, SmartyMarty said:

 Thai are over-priced.

hmm

flights from europe , this year some friends booked, only 550e directflight , hmm cheap , even for nov/dec

 

on the other hand i bought a TK flight for only 578 USD in a promo time for february... at the moment same ticket around 1000 usd and full fare over 2000

 

so is TK  expensive or cheap.. no answer, depend on time and booking , and this is the same for TG

 

..by the way not any airline in this segment can survive with " i am always the cheapest", and earnings cant be made on cheaaap  promo tickets, the airline relly on other products

Edited November 17, 2019 by lapamita

[DLock 5,384]

It really doesn't matter what Thai Airways do, or how profitable, or not, they are.

 

They will always have a soft landing with the Thai Government Tax Payers bailing them out.

 

Thailand can never bear the loss of face of closing the national carrier. So they will just keep rotating the next Incompetent and inexperienced Buffoon to "manage" the airline until the next loss and cash call.

[lapamita 243]

2 minutes ago, DLock said:

It really doesn't matter what Thai Airways do, or how profitable, or not, they are.

 

They will always have a soft landing with the Thai Government Tax Payers bailing them out.

 

Thailand can never bear the loss of face of closing the national carrier. So they will just keep rotating the next Incompetent and inexperienced Buffoon to "manage" the airline until the next loss and cash call.

I would not close too, and there is no reason to close operations for TG

and further capital, if needed could still be done via capital increase

so for what

[ThomasThBKK 3,746]

15 minutes ago, lapamita said:

 

..by the way not any airline in this segment can survive with " i am always the cheapest", and earnings cant be made on cheaaap  promo tickets, the airline relly on other products

 

They usually make their money on business class and use that to subsidize economy. However if you give business class tickets out for free to hisos and people working there there's not much to be earned....

[lapamita 243]

Just now, lapamita said:

I would not close too, and there is no reason to close operations for TG

and further capital, if needed could still be done via capital increase on the SEt and even in bonds

so for what

 

[holy cow cm 6,804]

17 minutes ago, lapamita said:

i dont belive so....  why you buy ??? at this price would never buy,and there many other choices  much lower price...

this maybe the full rate ,and this would only implied if LF alreay nearly full

 

you know in yourr homecountry ,how expensive is a full fare ticket for local destination from a flag carrier?

 

when i fly cm and return on thai or thaismile never pay more than 3000 (peak days excl)

 

I fly Thai no matter what for domestic unless full then I fly Bangkok air. I do not fly Thai Smile as do not like it other than the girls are hot. The next would be Vietjet because they fly to Suvarnabhumi airport my given choice. I fly for comnfort and mileage and use it for upgrades. 

[lapamita 243]

4 minutes ago, ThomasThBKK said:

 

They usually make their money on business class and use that to subsidize economy. However if you give business class tickets out for free to hisos and people working there there's not much to be earned....

you right, but that is common practice at other airlines too ( at LH even my mother getting upgrades on one leg always FFM-BKK , even shes not working for LH)

... their is a guideline ( changed 2008) , for free and standby tickets for employees and related  at TG ..... maybe a little more strict would be  ok, but would not solve the main problems

Edited November 17, 2019 by lapamita

[Sir Swagman 554]

54 minutes ago, lapamita said:

for an flagship carrier the wrong way, and would result in deeper looses. 

TG is competetive already in pricing. many say overpayed executives hmm... salarys are not that high MOBs  getting btw 400-1,4 mb THb... a fraction like in the west

Problems  are deeper....

1. to many groundstaff

2. maybe bad hedging of oil ( if cut increasd costs out , the balance would be already  near break even)

3. load factor is good, but RPK to low, increase in fares, is not a big option at the moment

4. Domestic routes are a major problem 

 

Resolution

Cutting ground staff,better hedging of oil, upgrade in service quality on international routes , reducing services on dometsic routes ( pricing change like..full eco tickets,eco tickets at lower pricing excl services,( LH done it succesfully) standby promos,cutting low cabin load flights on domestic routes,extension on copperation with other airlines to cut costs,Review the option of outsourcing dif. segments

 

..lower pricing and cut in salarys , is not the option ,and contraproductive.

 

Maybe you should take up a more potentially relevant activity......when was the last time you saw any Thai enterprise take advice from farangs? I suggest croquet perhaps as a way to improve business practices with TG.

[DLock 5,384]

6 minutes ago, lapamita said:

I would not close too, and there is no reason to close operations for TG

and further capital, if needed could still be done via capital increase

so for what

 

Thai Airways is a Government funded airline. They do not raise funds externally at present. Any losses because of inefficiency, too expensive, poor service and "flights for the lads" come out of tax payers...

 

How do you define "no reason"? Would a massive losses, hugely unprofitable not be reasons to consider closing a non performing business?

[lapamita 243]

12 minutes ago, Sir Swagman said:

....when was the last time you saw any Thai enterprise take advice from farangs? 

..if you talk about small enterprises never or nearly never " thais are the "perfection of the evolution"

..if it comes ot big  international thai companys, it looks diffrent

but not all farang advice would be the top of all , we have failed companys too in the airline sector Panam,named as the biggest, Swiss, Air berlin. and so on...., and Thai is still far away for filling bancrupty

Edited November 17, 2019 by lapamita

[lapamita 243]

4 minutes ago, DLock said:

 

Thai Airways is a Government funded airline. 

 

How do you define "no reason"? Would a massive losses, hugely unprofitable not be reasons to consider closing a non performing business?

1. its a PCL , a  listed company, with the possibility to raise private funds ( yes 51% hold by MOF ), via Bonds and share issue ..so why you say the taxpayer only pay?

2. a temproary  non performing buissenes is not a reason to shut down ( than we have to shut down the half of all companys , thousands of zombi companys esp. in the US)

Edited November 17, 2019 by lapamita

[DLock 5,384]

1 minute ago, lapamita said:

1. a prublic  listed company, with the possibility to raise private funds ( yes 51% hold by MOF )

2. a temproary  non performing buissenes is not a reason to shut down ( than we have to shut down the half of all companys , thousands of zombi companys esp. in the US)

Exactly, it's 51% owned by the Thai Ministry of Finance...in other words, majority owned.

 

Temporary non performing business? 

 

Here kid, read this, then come back with some more logically, well thought out, arguments, because right now, you are making little sense to debate you.

 

http://bakertilly.co.th/insights/thai-airways-drastic-action-required/

[lapamita 243]

1 minute ago, DLock said:

 

 

Here kid, read this,

..discussion go to low level

 

take care

 

bye