Flood crisis causes $97.15 mln losses to Thailand's national airline in Q4

Flood crisis causes $97.15 mln losses to Thailand's national airline in Q4
 It is anticipated that Thai Airways International (THAI) will lose about three billion baht (97.15 million U.S. dollars) in revenues in the fourth quarter of this year due to the most severe floods, the agency's President Piyasvasti Amranand said Tuesday.

Surveying the airline's damage at flood-hit Don Mueang Airport, Piyasvasti said the number of tourists from South Korea, Japan and China dropped 40 to 50 percent owing to travel warnings to Thailand from their countries.

Since late October the capital's second airport has been inundated by the worst deluge in over 50 years, forcing some domestic airlines to suspend their services at Don Mueang and move to Suvarnabhumi International airport. The floodwaters surrounding the airport, however, have receded and the area has become dry again.

According to the THAI President, the more than a month-long flood crisis has damaged the airline's aircraft repair buildings, equipment, and administration buildings.

At least two months are needed for the reconstruction of THAI maintenance department at Don Mueang airport, and as the result, the company has to postpone the aircraft improvement project for passenger seats and entertainment equipment, Piyavasti added.

Editor: Mo Hong'e

English.news.cn   2011-12-06 15:49:10 FeedbackPrintRSS
BANGKOK, Dec. 6 (Xinhua)