TO DISCUSS YOUR PROJECT OR LEARN MORE ABOUT OUR SERVICES:

  • This field is for validation purposes and should be left unchanged.

Thai AirAsia Going Public

Category: Tourism, Posted:13 Mar 2012 | 06:00 am

Low-cost airline Thai Air Asia have announced plans for an IPO (initial public offering) in the second quarter of this year.
The offering is expected to raise up to USD200 million and will be used to fund the purchase of additional aircraft and expand existing operations.
Malaysia's parent company AirAsia holds a 49% stake in the Thai company.
Asia Aviation under Tassapon Bijleveld control a 51% interest.
Originally the stake included Thaksin Shinawatra's Shin Corp which was later acquired by Singapore's Temask Holdings. This was later bought over by Asia Aviation.

Other News

Read more

Project Rattan Focused On Restoring Thai Craft

Category: Tourism, Posted:20 Sep 2020 | 08:52 am If you find yourself in Bangkok from now until the end of December, you should take some time and visit Australian designer Patrick Keane’s Project Rattan exhibition at River City. Project Rattan is an exhibition of furniture design featuring Thai craftsmanship and aimed at restoring local artisans to create international level products. The exhibit is […]
Read more

Condo Hotels and TPO’s Hitting Bangkok

Category: Hotels, Posted:20 Sep 2020 | 08:47 am Bangkok’s hospitality market is set rapid growth in the emergence of condo hotels and third party management operators (TPO’s). The trend is best seen with the recent launch of The Wyndham Queen Convention Centre Hotel and Residences in Bangkok operated by Kew Green Management Company Thailand. Kew Green has seven properties in the pipeline in […]
Read more

The Hotel Business Plan – Why It Must Die (and soon)

Category: Opinion, Posted:18 Sep 2020 | 17:26 pm As I madly type away on the keyboard of my MacBook Pro, thousands of dumbstruck hoteliers across the world are slaving away in a blurring succession of days and nights in the mindless pursuit of completing an ignominious document known as The Hotel Business Plan. It’s Friday and I’m over-caffeinated, so hang on tight. Wait, […]