Denpasar (Bali) Flights resume on 1 December 2017.

The following Denpasar (Bali) flights resume on 1 December 2017.

TG431   Bangkok-Denpasar    08.50 - 14.15
TG432   Denpasar-Bangkok    16.10 - 19.25



Passengers travelling during 27 November - 10 December 2017 can waive fees for rebooking to the new date within the ticket validity, rerouting to arrive/depart from Jakarta or request a refund.

To rebook, reroute or a request a refund, passengers may contact nearest THAI offices or contact THAI Contact Center at Tel. +66 2 356 1111

Passengers are advised to check THAI website regularly for updates.


THAI Contact

Thai Airways International Denpasar
Ticketing and Reservation : +62 (0) 361 288141
Office hours : Monday – Friday : 08.00-17.00
Closed : Saturday, Sunday and Public Holiday
Email : denpasar.customer@thaiairways.com

Thai Airways International, Denpasar Airport
THAI Service Desk is located on 2nd Floor, 12.00-16.00
 
Thai Airways International Jakarta
Ticketing and Reservation : +62 (0) 21 390 3588
Office hours : Monday – Friday : 08.00-17.00
Closed : Saturday, Sunday and Public Holiday
Email : jkt.ticketing@thaiairways.com

Thai Airways International Call Center, Bangkok, Thailand (24 hours) +66 (0) 2 356 1111


Ministry of Foreign Affairs Contact

Hotline of Royal Thai Embassy, Jakarta Tel: +62 811 186253
Facebook of Royal Thai Embassy, Jakarta: Facebook.com/rtejakarta



Last updated: 30 November 2017, 16.15hrs (GMT +8)

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THAI BOARD RESOLUTIONS 2012

 

THAI Board of Directors Meeting Results 

Today, 14 December 2012 - Thai Airways International Public Company Limited (THAI) held its Board of Directors Meeting, chaired by Mr. Ampon Kittiampon , THAI’s Chairman of the Board of Directors, with the following results. 

1. Operating Results for November 2012 

The THAI Board of Directors acknowledged the Company’s operating performance for November 2012, with an increase in passengers carried from 1.71 million in October 2012 to 1.87 million in November 2012 or an increase of 9.4
percent and an increase when compared to November 2011 that was 39.6 percent affected by the country’s flood. Revenue Passenger–Kilometer (RPK) was 38.3 percent higher than the same month last year. Available Seat–Kilometer (ASK) increased 10.0 percent, which resulted in a cabin factor at an average of 76.7 percent that was higher when compared to the same month last year of 61.0 percent. THAI Smile’s cabin factor was an average of 84.2 percent. Cabin factor on international routes was 85.6 percent and cabin factor on domestic routes at 83.5 percent. 

Cargo and commercial mail operations reported Revenue Freight Ton-Kilometer (RFTK) and Available Dead Ton-Kilometers (ADTK) that increased from the same month last year at 12.4 percent and 10.9 percent, respectively. This resulted in freight load factor at an average of 55.9 percent, which was higher than the same month last year that was on average 55.2 percent. 

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THAI Board of Directors Meeting Results 

Today, 16 November 2012 – Thai Airways International Public Company Limited (THAI) held its Board of Directors Meeting, chaired by Mr. Ampon Kittiampon , THAI’s Chairman of the Board of Directors, with the following results. 

1. Operating Results for October 2012 The THAI Board of Directors acknowledged the Company’s good operating performance for October 2012, with an increase in passengers carried from 1.58 million in September 2012 to 1.71 million in October 2012 or an increase of 8.2% and an increase from the same period last year of 11.0 percent. Revenue Passenger–Kilometer (RPK) was 9.2 percent higher than the same month last year. Available Seat–Kilometer (ASK) decreased 2.5 percent, which resulted in a cabin factor at an average of 73.5 percent that was higher when compared to the same month last year of 65.7 percent. THAI’s cabin factor on regional routes rose from 66.1 percent to 74.4 percent, cabin factor on intercontinental routes rose from 65.2 percent to 72.6 percent, cabin factor on domestic routes rose from 71.9 percent to 74.3 percent. THAI Smile’s cabin factor was 81.6 percent, with cabin factor on international routes at 82.0 percent and cabin factor on domestic routes at 81.4 percent. 

Cargo and commercial mail operations reported Revenue Freight Ton-Kilometer (RFTK) that was close to that achieved last year, freight production was 1.1 percent lower than last year, and freight load factor was at an average of 57.1 percent, which was higher than the same month last year that was 56.3 percent. 

2. Establishing Strategic Positioning for THAI, THAI Smile, and Nok Air 

THAI’s Board of Directors approved of establishing strategic positioning for THAI, THAI Smile, and Nok Air as follows: 

- THAI is a premium full service carrier operating long-haul flights with wide-body aircraft, with its operational base at Suvarnabhumi Airport 

- THAI Smile is as a regional airline operating short-haul flights with narrow-body aircraft that provides service to passengers with connecting flights on THAI, with its main operational base at Suvarnabhumi Airport . THAI Smile aims to be leading ASEAN carrier. THAI’s Board of Directors agreed in principle to establish THAI Smile as a subsidiary company. 

- Nok Air is a regional low-cost carrier operating point-to-point flights with narrow-body aircraft or smaller aircraft, with its operational base at Don Mueang Airport . THAI’s Board of Directors agreed to increase amount of the shares held in Nok Air Company Limited and for Nok Air to be registered on the Stock Exchange of Thailand in order for it to have sufficient capital to acquire more aircraft for network expansion and to boost competitiveness. 

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THAI Board of Directors Meeting Results 

Today, 14 September 2012 – Thai Airways International Public Company Limited (THAI) held its Board of Directors Meeting, chaired by Mr. Ampon Kittiampon , THAI’s Chairman of the Board of Directors, with the following results. 

Operating Results for August 2012 

The THAI Board of Directors acknowledged the Company’s operating performance for August 2012, with a higher cabin factor average of 78.8 percent in August 2012 compared to the same month last year at 74.8 percent, with an increase in cabin factor on all routes. Cabin factor on regional routes rose from 73.8 percent in August 2011 to 79.7 percent in August 2012; cabin factor on intercontinental routes rose from 74.9% in August 2011 to 77.5 percent in August 2012; and cabin factor on domestic routes rose from 80.7 percent in August 2011 to 83.8 percent in August 2012. This resulted in an increase in the number of passengers carried, from 1.62 million in August 2011 to 1.78 million, or a 9.8 percent increase, in August 2012. Revenue Passenger–Kilometer (RPK) was 4.7 percent higher than the same month last year. Available Seat–Kilometer (ASK) decreased 0.6 percent in August 2012 compared to the same month in 2011. 

Cargo and commercial mail operations remain affected by world economic slowdown and the European economic crisis, which resulted in a decrease in Revenue Freight Ton-Kilometer (RFTK) that was 2.6 percent lower in August 2012 than the same month the previous year, and freight production 3.9 percent higher in August 2012 than in August 2011. Therefore, the average freight load factor was 50.9 percent in August 2012, which was lower than the same month last year at 54.2 percent

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THAI Board of Directors Meeting Results 

Today, 17 August 2012 – Thai Airways International Public Company Limited (THAI) held its Board of Directors Meeting, chaired by Mr. Ampon Kittiampon , THAI’s Chairman of the Board of Directors, with the following results.

Operating Results for July 2012

The THAI Board of Directors acknowledged the Company’s operating performance for July 2012. There was an increase in the number of passengers carried, of which increased from 1.67 million in July 2011 to 1.74 million or a 4.2 percent increase in July 2012. Revenue Passenger–Kilometer (RPK) was 0.9 percent higher than the same month last year. Available Seat–Kilometer (ASK) decreased 2.4 percent in July 2012 compared to the same month in 2011, resulting in a higher cabin factor at an average of 79.8 percent in July 2012 as compared to the same month last year of 77.2 percent, with an increase in cabin factor on intercontinental flights that rose from 79.3 percent in July 2011 to 82.2 percent in July 2012, and the cabin factor on regional flights rose from 74.2 percent in July 2011 to 77.5 percent in July 2012. 

For cargo and commercial mail, the world economic slowdown and European economic crisis resulted in a decrease in freight production and freight load factor during the month of July 2012. Freight production and freight load factor was 0.4 percent and 5.0 percent lower in July 2012 than the previous year, respectively. The average freight load factor was 52.6 percent in July 2012, which was lower when compared to 55.1 percent achieved during the same month last year. 

THAI Board of Directors Meeting Results 

Today, 29 June 2012 – Thai Airways International Public Company Limited (THAI) held its Board of Directors Meeting, chaired by Mr. Ampon Kittiampon , THAI’s Chairman of the Board of Directors, with the following results. 

1. Operating Results for May 2012 

The THAI Board of Directors acknowledged the Company’s operating performance for May 2012. There was an increase in the number of passengers carried in the month of May 2011 of 1.35 million to 1.59 million, or a 17.9 percent increase for May 2012 compared to the same period last year. Revenue Passenger–Kilometer (RPK) was 4,477 million ton kilometers or 12.4 percent higher than the same month last year. Available Seat–Kilometer (ASK) was 6,259 million seat kilometers and decreased 2.7 percent in May 2012 compared to the same month in 2011, which was a strategic adjustment in capacity to better reflect demand of each market. Cabin Factor averaged 71.5 percent for May 2012 as compared to the same month last year of 61.9 percent. The cabin factor improvement was better for all flight sectors in May 2012, especially Australia where cabin factor increased from 55.9 percent to 71.1 percent, Europe where cabin factor increased from 58.4 percent to 69.5 percent, regional cabin factor rose from 67.1 percent to 73.4 percent, and domestic cabin factor rose from 57.2 percent to 67.6 percent

For cargo and commercial mail, the Company introduced its second converted Boeing 747-400 aircraft into service on 15 May 2012. Comparing freighter production and freight revenue for the month of May 2012 compared to that of 2011 where THAI operated 2 leased freighter aircraft, freight production was 6.0 percent lower and freight revenue was 9.1 percent lower in May 2012 than the previous year. Average Freight Load Factor for May 2012 was 55.9 percent which was lower than 57.8 percent achieved during the same month last year. 

2. Progress on New President Selection 

THAI’s Board of Directors acknowledged the progress on recruitment for a new Company President. Applications may be submitted during the period 21 June – 6 August 2012, from 09.00-16.30 hours. Interested and qualified applicants may obtain an application at the THAI Corporate Secretariat Department, at THAI’s Head Office, Building 1, 21 st Floor, 89 Vibhavadi Rangsit Road , Jompon, Chatuchak, Bangkok 10900, Tel. 02-545-1551, 02-545-1560. Details may be obtained online www.thaiairways.com/About-Thai/Careers/ 

The following persons were appointed to be on the President Selection Committee: 

1. Mr. Areepong Bhoocha-oom Chairman THAI Member of the Board of Directors 

2. Mr. Kanit Sangsubhan Committee Member THAI Member of the Board of Directors 

3. Mr. Weerawong Chittmittrapap Committee Member THAI Member of the Board of Directors 

4. Mr. Pradit Sintavanarong Committee Member THAI Member of the Board of Directors 

5. Mr. Silpachai Jarukasemratana Committee Member THAI Member of the Board of Directors 

6. Mr. Niruj Maneepun Secretary THAI Executive Vice President, Corporate Secretariat Department 

The Company has proceeded to advertise and publicize this matter to its employees and the general public through various channels, such as print publications, television, radio, and internal communications. 

3. Rak Khun Tao Fah Foundation 

The THAI Board of Directors acknowledged progress on establishing Rak Khun Tao Fah Foundation as part of the Company’s corporate social responsibility strategy. The Foundation’s objectives are: 

- To support and provide assistance to society, youths, and environment preservation efforts 

- To create public awareness for long-term preservation of resources and the environment 

- To drive and support society to participate in reducing carbon emissions 

- To generate public interest and cooperate with other organizations of public interest 

- To be independent of any political affiliation
 

Through the Foundation, passengers on THAI can help to reduce carbon emissions by donating funds voluntarily when at THAI ticket offices. Furthermore, the Board of Directors approved the following Rak Khun Tao Fah Foundation committee members: 

1. Professor Kasem Wattanachai , M.D. Chairman Privy Councillor 

2. Dr. Ampon Kittiampon Vice Chairman Chairman of THAI Board of Directors 

3. ACM. Satitpong Sukvimol Committee Member Member of THAI Board of Directors 

4. Mr. Apiporn Pasawat Committee Member Member of THAI Board of Directors and Chairman of Corporate Social Responsibility Committee 

5. Mr. Chokchai Panyayong Committee Member THAI Executive Vice President of Strategy & Business Development and Acting for President 

6. Mr. Niruj Maneepun Committee Member THAI Executive Vice President of Corporate Secretariat Department 

7 . Mrs. Wasukarn Visansawatdi Committee Member THAI Executive Vice President of Finance and Accounting Department 

8. Mrs. Sunathee Isvarphornchai Secretary THAI Vice President of Corporate Communications Department 

9. Mrs. Thitima Maneepairoj Assistant to Secretary THAI Director of Research & Development Institute 

10. Miss Varaporn Besuwan Treasurer THAI Department Manager of Business Project Management Department 

4. Staff and Management Appointments 

The THAI Board of Directors approved the process for transfers, selections and appointments of Directors, Vice Presidents, General Managers (overseas station), Airport Services Managers(Station Managers), and Accounting Managers during the period that the Company is recruiting for a new President, whereby priority is given to positions requiring immediate placement. Selection process includes Company selection committee, Executive Board and Company Board in determining the final selection of each position. 

5. Management Transfers 

The THAI Board of Directors approved of the following management transfers: 

1. Flt. Lt. Kanok Thongpurk, Vice President, Human Resources Management Department , as Vice President, Personal Development and Training Department 

2. Mrs. Chuda Dhanabhumi, Vice President, Personal Development and Training Department, as Vice President, Human Resources Management Department 

The appointments are effective from 29 June 2012 onwards. 

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THAI Board of Directors Meeting Results 

Today, 21 May 2012, – Thai Airways International Public Company Limited (THAI) held its Board of Directors Meeting, chaired by Mr. Ampon Kittiampon , THAI’s Chairman of the Board of Directors, with the following results. 

1. Operating Results for April 2012 

The THAI Board of Directors acknowledged the good operating results for April 2012. The Company had adjusted flight schedules to better match passenger demand, which resulted in an increase in passengers from 1.48 million to 1.69 million, or 14.2
percent from April 2011. Revenue Passenger–Kilometer (RPK) was 8.3 percent higher than the same month last year. Available Seat–Kilometer (ASK) was nearly the same as April 2011 at just 0.7 percent lower. Cabin Factor averaged at 78.3 percent, which was higher than April 2011 at 71.8 percent. Cabin Factor for all routes in April 2012 was higher than in 2011, especially on international routes such as Japan, which had an average of 79.1 percent compared to 69.3 percent in April 2011. Cabin Factor for Australia and New Zealand routes averaged at 80.6 percent, which was higher than the 64.9 percent average in April 2011. Cabin Factor for domestic routes was 76.1 percent, an increase from 65.6 percent in April 2011. 

For Cargo and Commercial Mail, the Company has been operating freight service with a newly modified Boeing 747-400 since 12 April 2012. Compare to the same month last year when the company’s freight service operated with two leased aircraft, Available Dead Load Ton-Kilometers (ADTK) for April 2012 was 11.3
percent, which was lower than April 2011 at 13.8 percent. Freight Load Factor averaged at 56.4 percent which was lower than the same month last year at 58.0%. Even though during 1-16 May 2012, which is the beginning of the low season and amid intense market competition as well as high fuel price, the operating results were still good due to the Company having quickly adjusting its operational plans to match the situation in various areas such as sales strategy, flight schedule, aircraft type, route and flight frequency to suit passenger demands. T he number of passengers increased to 804,009 or 15.6 percent from the same period last year. RPK was 6.7 percent higher than the same period last year. ASK was 4.9 percent lower than the same period last year. Cabin factor averaged at 72.17 percent which was 7.8 percent higher than the same period last year. 

2. Committed Revolving Credit Line Acquisition 

THAI's Board of Directors approved the Committed Revolving Credit Line in the amount of 3,600 million over the 5-year contract provided by Export-Import Bank of Thailand . 

3. Selection of BFE – Business Class Seat and In Flight Entertainment & In Seat Power Supply ( IFE & ISPS )

THAI's Board of Directors approved the installation of the Business class seats by EADS Sogerma “Solstys” model and the onboard In-Flight Entertainment System (IFE) by Panasonic eX2 series within the budget of 1,830 million baht for six Boeing 777-300ER aircraft purchased from Boeing Commercial Airplane. The configuration of the Boeing 777-300ER has 348 seats, with 42 Business class seats of the EADS Sogerma “Solstys model, featuring 21-inch width and seatback reclining to 180 degrees. The 306 Economy class seats are in the procurement process. 

For the In-Flight Entertainment System , the Panasonic eX2 is a modern version with individual p ersonal touch screen in all seats . Business class will be fitted with a 16-inch Elite model TV screen , while Economy class will be fitted with an 11-inch Panasonic eX2 model TV screen. The system includes more than 150 movies, 500 music albums, and over 200 games which can be connected to various personal devices. 

4. Management Appointment 

THAI’s Board of Directors approved the management appointment of Mr. Subhakrid Boonya-Ananta, Director of THAI’s Europe & Africa Region Department, as Vice President of Sales and Distribution Department , effective from 1 October 2012. 

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THAI Board of Directors Meeting Results
 
Today, 20 April 2012, – Thai Airways International Public Company Limited (THAI) held its Board of Directors Meeting, chaired by Mr. Ampon Kittiampon , THAI’s Chairman of the Board of Directors, with the following results. 

1.Operating Results for March 2012

The THAI Board of Directors acknowledged the operating results for March 2012 as follows:

THAI's operating performance for the month of March 2012 reflects improvement over the previous month and that of the same month in 2011 with the number of passengers carried in March 2012 up 7.1 percent over the same period over the previous year. RPK was 7.5 percent higher than the year before while ASK was 0.1 percent lower than March 2011. Total system average cabin factor was 78.4 percent which was higher than 72.9 percent achieved in March of 2011 where the highest cabin factor average achieved was from Europe averaging 85.3 percent up from 78.3 percentwhereas Australia and New Zealand routes averaged 67.9 percent up from 53.6 percent and the average domestic cabin factor achieved was 77.8 percent up from 70.9 percent achieved in March 2011.

For Cargo and Commercial Mail, Available Dead Load Ton-Kilometers (ADTK) for March 2012 was lower than the same month last year as a result of returning the freighter aircraft upon the lease expiration. Commercial aircraft belly cargo volume was 1.9 percent higher than the same month in 2011. Freight Load Factor averaged at 59.8 percent which was 0.3 percent higher than the same month last year.

2.Aircraft Financing for Airbus A380-800 Aircraft THAI's Board of Directors approved long-term financing proposals for the acquisition of three A380-800 aircraft to be delivered to THAI in 2012. Appointed financial institutions for the company’s long-term financing include BNP Paribas Corporate & Investment Banking in consortium with Sumitomo Mitsui Trust Bank for one of THAI’s Airbus A380-800, and Citibank N.A. in consortium with Bayerische Landesbank and Natixis Transport Finance for two Airbus A380-800 aircraft. THAI is in the process of obtaining loan guarantees for these aircraft from the European Export Credit Agencies (ECA). 

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Today, 16 March 2012 – Thai Airways International Public Company Limited (THAI) held its Board of Directors Meeting, chaired by Mr. Ampon Kittiampon, THAI’s Chairman of the Board of Directors, with the following announcement.

1. Operating Results for February 2012

The THAI Board of Directors acknowledged operating results as follows: The operating result for February was higher than in January 2012 and higher than the same month last year. There were 1.65 million of passengers, which was 5.2 percent higher than in February 2011. Revenue Passenger-Kilometers (RPK) for February 2012 was 5.5 percent higher than the same month last year. Available Seat-Kilometers (ASK) for February 2012 was 3.6 percent higher than the same month last year. Cabin Factor averaged at 79.0 percent, which is higher than the same month last year at 77.6 percent, with European routes increasing to 88.2 percent from 82.9 percent, Australia and New Zealand routes increasing to 72.6 percent from 66.8 percent, and domestic routes increasing to 82.9 percent from 77.2 percent.

For Cargo and Commercial Mail, Available Dead Load Ton-Kilometers (ADTK) for February 2012 was 4.2 percent higher than the same month last year. Revenue Freight Ton-Kilometers (RFTK) for February 2012 was 0.6 percent higher than the same month last year. .

Freight Load Factor averaged at 54.7 percent which was 3.5 percent lower than the same month last year due to European debt crisis and returning one of the cargo planes in August 2011. However, compared to January 2012, Freight Load Factor for February was 10.1 percent higher.

2. THAI to issue and offer debentures .

The THAI Board of Directors approved a plan to issue debentures on a private placement basis in the amount of 1,500 million THB with a 12-year duration. The issuance is to support liquidity used for investment or refinance of previous debt with higher cost. CIMB Thai Bank Public Company Limited is mandated as consultant and underwriter of debentures with the longest duration in THAI’s history.

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24 February 2012 – Thai Airways International Public Company Limited (THAI) held its Board of Directors Meeting, chaired by Mr. Ampon Kittiampon, THAI’s Chairman of the Board of Directors, with the following results.

1. Operating Results for January 2012 .

The THAI Board of Directors acknowledged the operating results for January 2012, which showed improvement after the impact of the flooding in the fourth quarter of 2011, with only the Asia routes showing slower recovery. Numbers of Passenger was 1.75 million or 2.3
percent higher than the same month last year. Revenue Passenger - Kilometers ( RPK ) was 1.9 percent higher than the same month last year . Available Seat - Kilometers (ASK) was 2.5 percent higher than the same month last year. Cabin Factor averaged at 77.3 percent, which is nearly the same percentage in the same period in 2011, but higher than in December 2011, which averaged at 68.1 percent. Cabin Factor increased on the European routes at 85.2 percent from 67.7 percent, on North America route at 79.1 percent from 72 percent, and on Australia and New Zealand routes at 77.7 percent from 71.8percent.

For Cargo and Commercial Mail, Available Dead Load Ton-Kilometers (ADTK) for January 2012 was 0.8
percent lower than the same month last year. Revenue Freight Ton - Kilometers ( RFTK ) was 8 percent lower than the same month last year. Freight Load Factor averaged at 49.7 percent, which was 7.3 percent lower than the same month last year as a result of economic slow down in Europe as well as the decommissioning of one freighter aircraft in August 2011. .

2. 2012-2013 Plan for Aircraft Decommissioning and Sales .

The THAI Board of Directors approved the 2012-2013 Plan for Aircraft Decommissioning and Sales as part of the 2012-2022 Long-term Plan for Aircraft Fleet Development, including the aircraft currently on lease to NokAir. .

In 2012 THAI will decommission the following 11 aircraft:.

§ Airbus A300-600 (2 aircraft) 
§ Airbus A340-500 (4 aircraft)
 
§ Boeing 747-400 (2 aircraft) 
§ ATR72 (2 aircraft, leased to Nok Air) 
During 2012 and 2013, the company will receive the delivery of 25 new aircraft into the fleet. 


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Today, 3 February 2012, - Thai Airways International Public Company Limited (THAI) held its Board of Directors Meeting, chaired by Mr. Ampon Kittiampon , THAI's Chairman of the Board of Directors, with the following results.
 
1.  Operating Plan/Business Plan and Action Plan for 2012-2013 and Strategic Plan for 2012-2018
 
THAI's Board of Directors approved the operating plan/business plan and action plan for 2012-2013 and the strategic plan for 2012-2018.   With major factors, such as increased and intensive competition, regional political unrest around the world, European economic crisis and natural disasters, THAI reviewed the Company's corporate strategic plan and concludes that these plans remain appropriate for long-term direction and goals.   Therefore, the Strategic Plan for 2012-2018 continues to focus on strength and the ability to compete in terms of business organizations, customers, products and services, route network, aircraft fleet, information technology, cost, finance and social responsibility.
 
The Company's long-term plan to modernize the fleet from 2012 to 2018 follows:
 
 Decommissioning of 51 aircraft and leasing aircraft to Nok Air
 Delivery of 56 new aircraft from 2012-2018, previously approved for 26 aircraft on purchase and 30 aircraft on operating lease
 
Furthermore, THAI will continue to pursue the acquisition of 38 New Generation aircraft according to the 2018-2024 plan that was approved by the Cabinet on 20 April 2011.   The new aircraft would replace the decommissioned aircraft as well as support the Company's expanded flight frequency.   Details of the aircraft type and procurement methods will be proposed to the THAI Board of Directors for approval.   By the end of 2017, THAI will have a more efficient aircraft fleet, reduced fuel and maintenance costs, and reduced carbon emissions.
 
On THAI's long-term operating and financial outlook for 2012-2018, THAI expects Available Seat-Kilometer (ASK) to be at 5 percent per year, which is close to the Revenue Passenger-Kilonmeter (RPK) at 6 percent per year.
   
For THAI's strategic management and business plan for 2012-2013, a majority of strategies will be continued while some will be adjusted.   THAI organizational effectiveness strategy and plan will be clearer with Key Performance Indicator (KPI) applied at the organizational level, strategic planning level and operational level which will be closely monitor.
 
During 2012-2013, THAI will take delivery of 25 new aircraft and will decommission 21 aircraft. Currently, THAI operates flights to 34 countries, to 71 international and domestic cities, with over 800 flights per week.   THAI's route network development plan will focus on regional routes including Asian and neighboring countries in order to maintain THAI's home base market share and growth. In addition, aircraft types and flight frequencies will be adjusted to suit travel demand and travel seasons.
 
THAI's new business unit called THAI Smile is a sub-brand of THAI, offering light-premium services at lower airfares. THAI Smile will start operations from 1 July 2012 onwards flying to Macau as its first destination.
 
On the products and services improvement in 2012 THAI will retrofit 16 aircraft in the current fleet that highlight Thainess.  
 
To gain more loyal customers THAI has a project called the Royal Orchid Plus Consumer Mile (ROP Consumer Mile), where more credit card partners are joining so that ROP members, including corporate customers, can purchase tickets, earn miles and redeem more conveniently through website and mobile service.
 
THAI is concentrating on cost management and cost reduction through strategies to maximize competitive advantage for sustainable future.   THAI will focus on increased work effectiveness and reducing personnel costs and other non-essential expenses that do not affect service quality and safety standards.   On fuel cost, THAI management has in place an oil price hedging mechanism that should see a lower fuel cost in 2012.   THAI also has in place a plan for effective management of currency exchange.
 
THAI is confident that this plan will enable the Company to be strong and to react to changes in the business environment, as well as assist THAI to have positive operating results for sustainable growth.
 

2.  2012 Budget
 
THAI's Board of Directors approved the revised budget for 2012, according to the 2011 state enterprise budget regulations for investments.   Due to various factors affecting the business, the previously approved 2012 budget has been revised which now will be reported to the Ministry of Transport and the Office of the National Economic and Social Development Board.
 
This budget revision is due to the 2012 outlook, which the Company expects Available Seat-Kilometer (ASK) to be 78,992 million seats per kilometer, a 0.6 percent increase from last year, while Revenue Passenger-Kilometer (RPK) is expected at 59,226 million, a 7 percent increase from last year. Cabin factor is expected to average at 74.98 percent, which would be 4.61 percent higher than the same period last year. Total revenue for the year 2012 is expected to reach 207,519 million baht, a 7 percent increase from 2011. Given the considerable and intensely competitive environment in the airline industry, the expected operating results are deemed acceptable.
 

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THAI Board of Directors Meeting Results

20 January 2012 – Thai Airways International Public Company Limited (THAI) held its Board of Directors Meeting, chaired by Mr. Ampon Kittiampon, THAI’s Chairman of the Board of Directors, with the following results.

1. Operating Results for December 2011
THAI’s Board of Directors acknowledged operating results for December 2011 as follows:

Cabin factor for December 2011 averaged 68.1 percent which was higher than November 2011 but was exceptionally weak especially for the peak season. The decrease in passenger number was attributable to the recent flood. Although many areas in Bangkok and its vicinity were less affected and some areas having
fully recovered, many passengers still cancelled or postponed their travel to Thailand, especially on international and regional routes. Cargo and commercial mail service was also affected in December as a result of the flood. Revenue Passenger-Kilometer (RPK) for December 2011 was 8.9 percent lower than the same month last year. Available Seat-Kilometer (ASK) for December 2011 was 0.7 percent higher than the same month last year.


For the period from January to December 2011, the Company’s Available Seat-Kilometer (ASK) was 3.9 percent higher than the same period last year. Revenue Passenger-Kilometer (RPK) was 0.7 percent lower than the same period last year. Cabin factor averaged 70.4 percent, which was 4.4 percent lower than the same period last year.
Available Dead Load Ton-Kilometers (ADTK) for December 2011 was 4.1 percent lower than the same month the previous year. Revenue Freight Ton-Kilometers (RFTK) for December 2011 was 10 percent lower than the same month last year. Freight Load Factor for December 2011 averaged 54.3 percent, which was 6.2 percent lower than the same month last year.


For the period from January to December 2011, the Available Dead Load Ton-Kilometers (ADTK) was 4.5 percent higher than the same period last year. Revenue Freight Ton-Kilometers (RFTK) was 4.4 percent lower than the same period last year. Freight Load Factor averaged 56.2 percent, which was 8.5 percent lower than the same period last year.


2. Issuance of Debentures via Private Placement
THAI’s Board approved for the Company to secure long-term funding by issuing approximately 1 billion baht 7-year debentures and 2 billion baht 10-year debentures via private placement. The proceeds will be used in the Company’s operations, for asset investments, loan repayment with high funding cost, where by the Bank of Ayudhya Public Company Limited has been appointed as advisor and lead underwriter for this undertaking.

 

3. Cost Management Strategy for Sustainability
The Board acknowledged the initial Cost Management Strategy initiatives which include the reduction of allowances outside of basic salaries, taking three key considerations into account: the sustainability of the national carrier, fairness to all employees, and benefit to all stakeholders. The plan has been approved by the THAI Executive Management Committee and the Labour Relations Committee and is being implemented for 2012.


The cost reductions, amounting to 602.45 million baht per year, are from various areas. In the area of employee benefits and allowances, The THAI president will waive meeting allowances for participation in Board meetings and other executive management meetings. Members of the Labour Relations Committee will also forego meeting allowances through 2012.


THAI President, Executive Vice Presidents, and Managing Directors have agreed to an 11 month pay for fiscal year 2012.


There will be a curb in public holidays, where THAI offices will remain open for business. In addition, Executive Vice Presidents, Vice Presidents, and Business Unit Managing Directors will have their annual vacation days reduced from 28 days to 24 days.


On a positive note, the Cabin Factor for 1-16 January 2012 is 78.7 percent on average (mainly from European and Australian routes), which is an increase from the same period last year. Reservation for the second half of January averages 77 percent capacity.


4. Appointment of New Board Member
THAI’s Board of Directors approved the appointment of a new Board Member to replace one that has resigned, with effect from 20 January 2012 onward.

4.1 Mr. Silpachai Jarukasemratana replaces Mr. Supot Sub-lom

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