THAI makes case for launch of new carrier
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Thai Airways International has sent additional information to the Transport Ministry to support its proposal to launch Thai Smile.
The study highlights the new carrier’s strong advantages compared to successful rivals like SilkAir and Dragon Air that have enjoyed rapid growth from the rising demand for low-cost regional air travel.
Deputy Transport Minister Prin Suwanatat said yesterday that the ministry expects to complete its review of the plan this month, with an emphasis on the maximum benefits for THAI.
THAI president Sorachak Kasemsuwan said a clear segregation of costs between Thai Smile and THAI was necessary to achieve higher overall profit. A consultant is being hired to separate the cost structures.
Thai Smile plans to use six Airbus A320-200 aircraft from THAI’s fleet. THAI will sublease them to Thai Smile at regular rates. The nine other aircraft that THAI was going to lease would be leased directly by Thai Smile.
THAI will own 100 per cent of Thai Smile and has no plan for now to add more external shareholders, he added.
