BANGKOK, Feb 9 – National flag carrier Thai Airways International (THAI) confirms that it has cancelled some flights to European destinations in line with its two-year strategic corporate restructuring programme.
THAI President Charamporn Jotikasthira said certain flights to Europe, for example, Bangkok to Madrid and Bangkok to Moscow, have been cancelled but only on a temporary basis.
THAI will definitely resume flights to these routes in future when it is ready, said Mr Charamporn.
The Ministry of Tourism and Sports said earlier that the routes enjoy high passenger growth.
But Mr Charamporn said THAI’s decision on cancelling the flights was based on its projection that the aviation industry business in Europe would slow down due to sluggish economy in the region while THAI has to adjust its flight routes and marketing programme to meet its restructuring plan.
Cancelling the flights is just part of the programme aimed at reduce massive losses suffered by the airline.
On the airline’s plan to sell 42 of its planes, Mr Charamporn said he expected more interest would be received from would-be buyers at this time as global oil prices are declining.