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Will Bangkok Airways Create A Budget Carrier?

Category: Tourism, Posted:27 Sep 2012 | 06:00 am

Asia's airspace is continuing to create a rapture of economic and commercial activity.
Recently Bangkok Airways has made public comments by its President Puttipong Prasarttong-osoth about the carrier studying the possibility of creating a low-cost airline (LCC).
Market sentiment is riding high over the upcoming AEC (ASEAN Economic Community) initiative set for 2015 and Bangkok Airways has voiced concerns over a possible loss of trading share if it stays on the sidelines in the growth segment.
The airline is continuing to work toward an IPO early next year. While another Thai carrier Nok Air is reportedly looking make a public offering in the second part of 2013.

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Category: Real estate, Posted:25 Feb 2024 | 19:51 pm The Philippines branded residences market is experiencing a significant maturation, impacted by urbanization and a post-pandemic shift in lifestyle changes. The market is poised for a high level of growth. C9 Hotelworks newly released Philippines Branded Residences Market Update shows a 105% increase in the pipeline, translating to an additional 5,599 units supplementing the current […]
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Phuket’s Largest Highway Interchange Expected To Attract Largescale Development

Category: , Posted:10 Feb 2024 | 09:42 am The release of plans for a massive highway interchange in North Phuket is spurring development activity in the Mai Khao area. A Mueang Mai interchange on the road leading to Phuket International Airport on the island’s main North-South artery will also have a  direct connection to the East Coast spur highway 4027.  (CLICK to see […]
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GOCO Hospitality Inks Deal With Singapore Temasek to Expanded Wellness Resorts in Thailand and Southeast Asia

Category: , Posted:07 Feb 2024 | 10:33 am Leading Bangkok-based wellness group GOCO has signed a deal with Singapore’s Temasek private equity group via The Fullerton Fund. The injection of funds into GOCO is reportedly ‘high eight figures’ and will fund expansion in Thailand and Southeast Asia into hospitality assets. Two acquisitions are expected to be announced in March by Founder and CEO […]
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