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Cash-strapped THAI finds winning formula with deep-fried dough sticks


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Cash-strapped THAI finds winning formula with deep-fried dough sticks By The Nation     Thai Airways International (THAI) appears to have finally found a winning formula – You

Doughnuts and coffee. A stroke of genius. 

One cafe to save a bankrupt airline! WOW.

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44 minutes ago, Hi Tea said:

The state is not funding THAI further since it is no longer the major shareholder.

Yeah, just like it has no say in what happens either, one way or another the state is very much behind the airline.

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6 minutes ago, hotchilli said:
51 minutes ago, Hi Tea said:

The state is not funding THAI further since it is no longer the major shareholder.

Yeah, just like it has no say in what happens either, one way or another the state is very much behind the airline.

Continued funding by the state was one of the three that alternatives Prayut stated were options for THAI.  Restructuring, which did not require more state funds, was the route that was chosen so that the state did not have to continue support.

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Some airlines have a donut promotion to pull themselves out of a rut during the CV19 situation, while some airlines come up with strategic business plans and promotions.  But hey, same-same right?   😋

 

image.thumb.png.2e959091a7c1f2a49cd88e12e2fc6baa.png

 

 

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12 hours ago, tonray said:

In other news TAT encourages all Covid-19 affected businesses to start selling deep fried dough as a way to make up for lost tourist revenue. But they cautioned to make sure you check the passports of all customers and secure a deposit because you never know what those crafty farangs are up to.

And then they will serve these old new delicious deep fried dough sticks on all early flights but it will be self service to allow the hosties to take a break after the hard work of getting to the airport on time and onto the aircraft. But not free, have to pay and it's 2 level pricing, but can they trust tricky farang to put the right money in the cup. 

 

Further, because all future flights will be full (so popular) there will be marshalls on all flights to supervise deep fried dough buyers by rows. The marshalls second task will be to wake up the hosties and get them moving to serve lunch which is difficult work, it's not easy to say 'chicken or fish?'

 

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10 hours ago, Hi Tea said:

Continued funding by the state was one of the three that alternatives Prayut stated were options for THAI.  Restructuring, which did not require more state funds, was the route that was chosen so that the state did not have to continue support.

So with the airline effectively not operating because of Covid where's all the continued support for financing coming from?

Directors, managers, staff etc etc receiving payment?

 

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12 hours ago, hotchilli said:

Yeah, just like it has no say in what happens either, one way or another the state is very much behind the airline.

But they don't need help any more, their deep fried dough sales is their savior. This just shows the managements' lack of focus and lack of big picture initiative and innovation. The management should be focused 100 / 200% on plans/strategies and implementation of those strategies to repay their massive debts.

 

Not focused on deep fried dough sales and restaurants to sample airline food. These items can't produce much more profit than a roadside food sellers survival.

 

Focus, focus, focus please on the big and difficult item - repay all the massive debt, plus cleverly rebuild airline operational efficiency to gain more margin from airline operations. 

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11 minutes ago, scorecard said:

But they don't need help any more, their deep fried dough sales is their savior. This just shows the managements' lack of focus and lack of big picture initiative and innovation. The management should be focused 100 / 200% on plans/strategies and implementation of those strategies to repay their massive debts.

 

Not focused on deep fried dough sales and restaurants to sample airline food. These items can't produce much more profit than a roadside food sellers survival.

 

Focus, focus, focus please on the big and difficult item - repay all the massive debt, plus cleverly rebuild airline operational efficiency to gain more margin from airline operations. 

 

You do realise that this story is just another stupid click-bait headline from the Nation, right?

 

No one from THAI Airways has even mentioned it. The story isn't worth your time reading, let alone commenting.

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36 minutes ago, thedemon said:

 

You do realise that this story is just another stupid click-bait headline from the Nation, right?

 

No one from THAI Airways has even mentioned it. The story isn't worth your time reading, let alone commenting.

You check again, many photos on-line, especially the eat airline food at pop up restaurants on Thai premises.

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On 9/18/2020 at 3:02 PM, webfact said:

Thai Airways International (THAI) appears to have finally found a winning formula – Youtiao or deep-fried dough sticks served up with taro custard.

Foreign investors must be ecstatic with this news of how the airline is restructuring... 

Thai innovation in the face of adversity is endless.

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6 hours ago, hotchilli said:

So with the airline effectively not operating because of Covid where's all the continued support for financing coming from?

Directors, managers, staff etc etc receiving payment?

 

"...where's all the continued support for financing coming from?"

The usual places, banks, probably.

 

"Directors, managers, staff etc etc receiving payment?"

I don't know that, I don't run the company but, yes, I would imagine that staff are being paid.  There sure would have been reports about it if they weren't.

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