Thai Airways Cuts Non-Fuel Expenses 19% From January to May (Blomberg)
Thai Airways International Pcl, the nation’s biggest carrier, said it cut expenses not relating to fuel by 19 percent from January to May. The carrier reduced costs on aircraft rentals, parts, crew and marketing by 8.1 billion baht ($238 million) in the first five months of 2009 compared with last year, it said in an emailed statement today. It targets a reduction of 10.8 billion baht for the whole year, it said.
Thai Airways Cuts Non-Fuel Expenses 19% From January to May
Thai Airways International Pcl, the nation’s biggest carrier, said it cut expenses not relating to fuel by 19 percent from January to May. The carrier reduced costs on aircraft rentals, parts, crew and marketing by 8.1 billion baht ($238 million) in the first five months of 2009 compared with last year, it said in an emailed statement today. It targets a reduction of 10.8 billion baht for the whole year, it said.
