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HEADLINES [click on headline to view story]: 

KLM’s first E-ticketing passenger in Thailand, Fergus Sinclair, is welcomed at Bangkok airport by KLM staff

TAT holds out prizes as carrot to domestic tourism

Emirates will carry Kuwait Airways passengers

SWISS Board decision concerning top management and capital reduction

Opening ceremony of art exhibition “11 Thai Image”

Air India ready for bids on MLCR aircraft

Thailand Golf Holiday

KLM’s first E-ticketing passenger in Thailand, Fergus Sinclair, is welcomed at Bangkok airport by KLM staff

From left the photo shows Lackana Wantaywin, KLM Sales Manager Thailand; and Fergus Sinclair, KLM’s first E-ticketing passenger in Thailand; Hans Jeronimus, KLM Airport Services Manager; Sumeth Rangsithanasak, KLM Deputy Service Manager and Flight Operations Manager.


TAT holds out prizes as carrot to domestic tourism

The Tourism Authority of Thailand (TAT) is holding a tourism fair early in May to pull in over 400 hotel and airline companies to offer discounts of as much as 40 percent together with freebies and prizes in a bid to boost domestic tourism.

With the outbreak of war in Iraq, coupled with fears over Asia’s killer Severe Acute Respiratory Syndrome (SARS), domestic tourism has suddenly shot into importance, with the government hoping that increased revenues from domestic tourists will help compensate for lost earnings from foreign visitors.

Tourism Minister Sontaya Khunpluem said the government had held two meetings with private sector tour operators, and that TAT is now ready to launch its domestic tourism drive into the public arena with a tourism promotion fair on May 1st through May 4th entitled ‘Tour Thailand - Be Lucky’ to be held at the Queen Sirikit National Convention Center.

The fair will bring together services for general tourists, young tourists and eco-tourists. Tour companies and hotels will offer discounts of 30-40 percent in the form of tour programs and accommodation coupons, which will be valid until the end of the year.

Visitors to the fair will also be offered giveaways in accordance with the amount of money they spend, and will have a chance to send in their holiday photos to compete in an ‘Outstanding Tourist’ prize from Prime Minister Thaksin Shinawatra.

The TAT has estimated that the combined affects of the Iraq war and SARS could cost Thailand several million baht in lost tourism revenues, with several thousand European and US visitors already canceling their bookings.

However, the TAT remains upbeat that a boost in domestic tourism and an increase in visitors from Asian markets will help compensate for the lost of tourists from further afield.

Sontaya said that there will also be special promotions for the incentive and convention markets. “Offering tour programs as prizes to outstanding members of staff not only gives pride to the staff, but also helps promote the tourism industry and helps the national economy. In addition, companies wishing to hold meetings will be able to meet up with expert convention organizers offering discounts too,” said Sontaya.

The TAT also plans to invite representatives of private sector companies to view tourist destinations and services on offer for the incentive and convention markets, with 40 hotels across the county already expressing an interest in offering discount prices for this market.

Sontaya said he already discussed tourism stimulus measures with Prime Minister Thaksin, who will open the fair on May 1.


Emirates will carry Kuwait Airways passengers

Emirates has entered into an agreement with Kuwait Airways that allows all Kuwait Airways passengers to travel on Emirates flights without the need for their tickets to be endorsed.

This follows Kuwait Airways suspension of its world-wide operations with the exception of services to Dubai and Cairo. Now, for example, a Kuwait Airways ticket-holder traveling from Singapore-Kuwait-Beirut can now travel without endorsement on Emirates Singapore-Dubai-Beirut.

The Endorsement Waiver Agreement between the two airlines came into operation on March 23. Kuwait Airways will rebook its passengers on Emirates flights where possible. Emirates will accommodate Kuwait Airways ticket-holders that have not been rebooked on a standby basis. The agreement will remain in effect until further notice.

In normal circumstances, Kuwait Airways must endorse its own tickets before they can be used travel on Emirates.

Ghaith Al Ghaith, Emirates Commercial Operations Director, said, “In this extraordinary situation, Emirates is offering every assistance to Kuwait Airways and its passengers to whom we will extend every consideration.”

Following a problem-free operation, Emirates is continuing its flights between Dubai and Kuwait. Timings are changed for the afternoon service but not for the morning one.

Timings for the morning flight, operated on Mondays, Wednesdays and Fridays remain unchanged.

EK 855 departs Dubai at 0745 and arrives Kuwait at 0730. The return flight EK 856 departs Kuwait at 0940 and arrives Dubai at 1210. All times given are local.

Al Ghaith said, “We continue to monitor the situation closely.”

The boarding of passengers traveling to Kuwait as their end destination and on flights to Dubai from stations across the network has now been resumed.


SWISS Board decision concerning top management and capital reduction

SWISS (Swiss International Air Lines) is one of the world’s newest international airline brands with over 70 years of experience and more than 10,000 staff around the world.

Manfred Brennwald, managing director of operations responsible for engineering and flight operations.

Ulrik Svensson, managing director of finance responsible for finance and corporate services.

SWISS has daily flights between Bangkok and Zurich, as well as Bangkok and Singapore, with convenient connections from Zurich to all major European cities, as well as Africa, North and South America, and throughout Asia.

SWISS has completed the placement of its new senior management level staff. The appointment of Ulrik Svensson as managing director of finance responsible for finance, and corporate services and Manfred Brennwald as managing director of operations responsible for engineering and flight operations, completes the senior management team at SWISS.

The appointments were made in the context of a new management level in the top management structure.

Reduction in capital

The Shareholder’s meeting on May 6 2003 will be called to vote on a possible cut in capital. Given that the company cannot operate profitably in the current environment, net equity may end up falling below half the level of the capital, in which case the Swiss Code of Obligations requires action to be taken.

The Board of Directors wishes to prevent net equity from falling below 50% and will therefore propose that the par value of the shares be reduced from 50 to 32 francs at the forthcoming ordinary Shareholder’s Meeting. It will also reduce the discrepancy between the nominal value and the market value of SWISS shares and bring tax benefits for the company.

Contract for new A340 with SR
Technics

SWISS intend to outsource maintenance work on the new Airbus A340-300 jets, which will join the fleet in June, to SR Technics. This contact will supplement the existing maintenance contact between SWISS and SR Technics for the Airbus A320s and A330s. The contact will run for six years.

Valuable synergies will be capture by having all SWISS Airbus aircraft serviced by SR Technics. SR Technics looks after SWISS aircraft under a “Total Maintenance Contract”. This means it is responsible for all the technical work on the cells, components and engines.

SWISS modifies aircraft orders

SWISS is responding to the crisis in the air transport industry by modifying its current fleet renewal program. Adjustments are being made to both the number of EMBRAER aircraft ordered and the timetable for their delivery.

For more information about Swiss international Air Lines please visit website www.swiss.com.


Opening ceremony of art exhibition “11 Thai Image”

Thanpuying Boonruen Choonhawan and Chaiya Saomsap, Advisor to Minister of Agriculture and Cooperatives recently jointly cut the ribbon to mark the opening ceremony of the art exhibition titled “11 Thai Image” by a group of artists from Nakornpathom Province at exhibition area 3rd floor of Amari Watergate Hotel. The exhibition will display until April 30, 2003.

Thanpuying Boonruen (center) and Chaiya (3rd left) jointly cutting the ribbon. Guests of honor looking on from left are Pierre Andre Pelletier, general manager of the hotel; Supa Pakkato, artist; Nichaya Chaivisuth, director of Public Relations of the hotel; Sophia La, Warisariya Ngamkerdsiri and Ajarn Pratueng Eam-Jareon.

Proceeds will be donated to the Foundation for the Blind in Thailand under the Royal Patronage of H.M. the Queen.


Air India ready for bids on MLCR aircraft

The Air India Board cleared the decks for opening of financial bids invited by Air-India for Medium Capacity Long Range (MCLR) aircraft at its recent meeting held in Mumbai.

The two aircraft under consideration are Boeing 777-200 ER and A-340. These aircraft were identified on the basis of Air-India’s requirements for a minimum of 250 seats in three class configuration. The Air-India Board had in its earlier meeting, accorded approval for purchase of ten MCLR aircraft with seven options.

The financial bids, which have already been received by Air-India, will now be opened and recommendation for purchase of one of the two short-listed aircraft is expected at the next meeting of the Board.


 


The Horseshoe Point