Thai Airways' economy bookings lagging behind corporate; Jet expands international capacity
Thai Airways shares declined 3.7% yesterday. On the same day, Thai Airways President Piyasvasti Amranand stated its economy-class bookings are trailing corporate bookings due to the effect of the country’s political instability in Apr-2010. Mr Amranand added group tours and the conference market are also yet to recover. Load factors, standing at 75%, are also “lower than it should be”.
