Popular Post webfact Posted October 13, 2020 Popular Post Share Posted October 13, 2020 THAI aiming to double non-flight revenue By The Nation Thai Airways International (THAI) wants to boost its non-flight income from 15 per cent to 50 per cent of total revenue in the next five years, THAI Catering managing director Varangkana Luerojvong told Krungthep Turakit newspaper. Varangkana said the non-flight businesses – catering, repair and cargo services – have adjusted their strategies in order to raise revenue. She said the catering business aims to boost its annual revenue from Bt10 billion to Bt20 billion in the next five years. The repair and cargo businesses are thought to have set similar targets - to double their revenue from the current Bt15 billion-Bt20 billion and Bt20 billion, respectively. Last year the airline’s catering business posted revenue of Bt8.5 billion. THAI Catering now aims to expand its franchises for all product brands to a total 700 outlets, aiming to boost its revenue by at least Bt3.5 billion next year. THAI entered rehabilitation restructuring under bankruptcy court supervision on September 14. The airline will submit its rehab plan for the court's consideration in the fourth quarter of this year. Source: https://www.nationthailand.com/business/30396143 -- © Copyright The Nation Thailand 2020-10-14 - Whatever you're going through, the Samaritans are here for you - Follow Thaivisa on LINE for breaking COVID-19 updates 3 Link to comment Share on other sites More sharing options...
Popular Post sammieuk1 Posted October 13, 2020 Popular Post Share Posted October 13, 2020 Try not charging £35 per kg excess baggage and swop for a £60 per piece 23kg model offered by BA and Finnair and not block or blacklist your customers for asking questions would be a start ???? 4 Link to comment Share on other sites More sharing options...
steven100 Posted October 13, 2020 Share Posted October 13, 2020 45 minutes ago, webfact said: She said the catering business aims to boost its annual revenue from Bt10 billion to Bt20 billion in the next five years. so double over the next 5 years .... ambitious given the economic environment. imo 2 Link to comment Share on other sites More sharing options...
Popular Post Justgrazing Posted October 13, 2020 Popular Post Share Posted October 13, 2020 1 hour ago, webfact said: She said the catering business aims to boost its annual revenue from Bt10 billion to Bt20 billion in the next five years Just as well change their name to Thai Cakeways now .. 3 10 Link to comment Share on other sites More sharing options...
Popular Post Kadilo Posted October 13, 2020 Popular Post Share Posted October 13, 2020 “She said the catering business aims to boost its annual revenue from Bt10 billion to Bt20 billion in the next five years.“ Not with the sh,ite they dish up. 1 3 Link to comment Share on other sites More sharing options...
Popular Post Pattaya Spotter Posted October 14, 2020 Popular Post Share Posted October 14, 2020 (edited) It's sad to see a once proud international icon for Thailand reduced to selling Thai coffee sinkers on the street...government, management, and union corruption karma comes home to roost. https://www.khaosodenglish.com/life/food/2020/09/17/cash-strapped-thai-airways-sells-dough-fritters-on-silom/ Edited October 14, 2020 by Pattaya Spotter 3 2 Link to comment Share on other sites More sharing options...
Popular Post Geoffggi Posted October 14, 2020 Popular Post Share Posted October 14, 2020 5 hours ago, webfact said: Varangkana said the non-flight businesses – catering, repair and cargo services – have adjusted their strategies in order to raise revenue. Or to put it in other words "Thai have gone into the catering business as they can't organise flights" ....LOL 2 5 Link to comment Share on other sites More sharing options...
Popular Post herfiehandbag Posted October 14, 2020 Popular Post Share Posted October 14, 2020 "Dough Fritters" with a cup of warm soy milk and a dipping sauce from a street cart in Chiang Rai =ThB 20. "Dough Fritters" and a dipping sauce from a street cart run by Thai Airways =ThB 50. Rather sums it up really. 4 2 Link to comment Share on other sites More sharing options...
Popular Post hotchilli Posted October 14, 2020 Popular Post Share Posted October 14, 2020 4 hours ago, Justgrazing said: Just as well change their name to Thai Cakeways now .. Or stop flying and make 100% profit. 3 3 Link to comment Share on other sites More sharing options...
ChipButty Posted October 14, 2020 Share Posted October 14, 2020 Maybe I could find a few of them air hostesses a job or two 1 Link to comment Share on other sites More sharing options...
Popular Post Srikcir Posted October 14, 2020 Popular Post Share Posted October 14, 2020 "Double nonflight revenue" As for many, many years THAI has lost revenue operating as an airlines, doubling nonflight revenue means zero net income. If THAI can't succeed with its core business (recall it is still in bankruptcy), by what logic can it succeed elsewhere? 2 2 Link to comment Share on other sites More sharing options...
SomchaiCNX Posted October 14, 2020 Share Posted October 14, 2020 5 hours ago, sammieuk1 said: Try not charging £35 per kg excess baggage and swop for a £60 per piece 23kg model offered by BA and Finnair and not block or blacklist your customers for asking questions would be a start ???? B.S. THAI is very flexible regarding weight compared to ALL other airlines I have used. 1 Link to comment Share on other sites More sharing options...
Popular Post AbeNormal Posted October 14, 2020 Popular Post Share Posted October 14, 2020 well they have to try something because running an airline wasn't really working 1 3 Link to comment Share on other sites More sharing options...
SomchaiCNX Posted October 14, 2020 Share Posted October 14, 2020 Let the people of THAI take over the company, in other words sell the shares to the people who work there. They are fed up with all the BS (political power games and interference as well and want to work. 1 Link to comment Share on other sites More sharing options...
LukKrueng Posted October 14, 2020 Share Posted October 14, 2020 5 hours ago, sammieuk1 said: Try not charging £35 per kg excess baggage and swop for a £60 per piece 23kg model offered by BA and Finnair and not block or blacklist your customers for asking questions would be a start ???? But with Thai you get 30kg with your ticket whereas airlines that go by piece allow only 23kg. Also, from my personal experience Thai will usually allow the first few extra kg with no charge. Link to comment Share on other sites More sharing options...
Mr Meeseeks Posted October 14, 2020 Share Posted October 14, 2020 1 hour ago, hotchilli said: Or stop flying and make 100% profit. This. It's time they faced the fact that it is all over. The boondoggle has come to an end. Last stop for the gravy train before the scrapyard. Link to comment Share on other sites More sharing options...
Clarkey611 Posted October 14, 2020 Share Posted October 14, 2020 1 hour ago, ChipButty said: Maybe I could find a few of them air hostesses a job or two Unfortunately, they would start moaning about actually having to do something. They are clearly not used to that, especially involving a foreigner! Link to comment Share on other sites More sharing options...
hotchilli Posted October 14, 2020 Share Posted October 14, 2020 1 hour ago, Clarkey611 said: Unfortunately, they would start moaning about actually having to do something. They are clearly not used to that, especially involving a foreigner! They use to think they were gods, air-hostess dressed in a snappy uniform. Take off the wings and neckerchief nothings left. Just a trolley-dolly as we used to call them. Link to comment Share on other sites More sharing options...
trainman34014 Posted October 14, 2020 Share Posted October 14, 2020 History has proven they are useless at running a profitable Airline so why not close it and just start a Catering Company full time ? Still; i guess they would still struggle when all the 'Elite' hangers on demand free food instead of free seats ! 1 Link to comment Share on other sites More sharing options...
Pilotman Posted October 14, 2020 Share Posted October 14, 2020 haha this morning's laugh. They are trying to emulate Singapore Airlines and use their A380s for catering, but Thai is not SA, not by a long , long way. They need to give it up and return and sell the aircraft. It will always lose money, forever. Link to comment Share on other sites More sharing options...
Burma Bill Posted October 14, 2020 Share Posted October 14, 2020 9 hours ago, webfact said: the catering business (THAI) Link to comment Share on other sites More sharing options...
DaLa Posted October 14, 2020 Share Posted October 14, 2020 If they approach this from a percentage basis, there’s no need to increase revenue from non-flight income, they just need to make less income from flights. No problem, they’re world leaders at this. Link to comment Share on other sites More sharing options...
khunPer Posted October 14, 2020 Share Posted October 14, 2020 Seems like THAI might become a profitable catering business with some airplanes flying as a side-business, to reduce the profit from reaching sky-high figures...???? 1 Link to comment Share on other sites More sharing options...
Sydebolle Posted October 14, 2020 Share Posted October 14, 2020 From 10 to 20 billion Baht, well that is indeed excellent news. Just wondering who else will be enjoying "Thai Airways - smooth as Somtam" or so? The problem is not in the revenue and aiming for 50 percent of the non-flight (i.e. cargo, to my limited understanding, is also "flight" yet listed as non-flight) is reaching for the stars. If the revenue is not the (sole) problem, what else could it be? Well, Thai Airways to me looks like Makro or Foodland without cashier counters on the way out. Everyone who could - would help themselves and it reflects a perfect storybook example of unforeseen corruption, nepotism and inefficiency. But anyway, happy days are here again, it's Somtam, Sticky Rice and Laokao - all the way - good on them ???? Link to comment Share on other sites More sharing options...
djayz Posted October 14, 2020 Share Posted October 14, 2020 Read an interesting article on another site yesterday about Singapore's flagship carrier. They now serve lunch and dinner on grounded planes. You can pick the class you want to dine in. Apparently it has been booked out since they started this service. Quite popular in Singapore. 1 Link to comment Share on other sites More sharing options...
DrTuner Posted October 14, 2020 Share Posted October 14, 2020 I get it, they have a large kitchen to produce portions. But the quality sucks. I have a proposal: do lunches for government offices. Link to comment Share on other sites More sharing options...
DrTuner Posted October 14, 2020 Share Posted October 14, 2020 55 minutes ago, Sydebolle said: But anyway, happy days are here again, it's Somtam, Sticky Rice and Laokao - all the way - good on them ???? Sufficiency economy in action. Link to comment Share on other sites More sharing options...
ronaldo0 Posted October 14, 2020 Share Posted October 14, 2020 Are they trying to offload part of the airline debt through all these other small ventures so the airline debt doesn’t look so bad and then declare all the smaller ventures bankrupt ? Link to comment Share on other sites More sharing options...
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