Category Business

THAI Fears Protest Effects on Passenger Number

Thai Airways International claims political tension has been affecting the number of passengers more than the volcanic eruption in Iceland. The company will lose more if all flights have less than 60 percent of capacity filled on average. Piyasvasti Amranand, president of Thai Airways International, commented on the volcanic eruption in Iceland. He said that all of the 22 flights to Europe have resumed.

World Bank forecasts Thailand’s GDP growth to 6.2 per cent in 2010

All in all, a more favorable external environment should help boost real GDP growth to 6.2 percent in 2010. After this year, slower growth in developed countries, emerging capacity constraints as capacity idled during the crisis is quickly put to use, and the weight of the ongoing political turmoil on new investment, should likely keep growth below Thailand’s historical average of 5.1 percent Thailand Business News