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Plane shortage leads to THAI’s 10 percent loss of market share in past 3 months

23 Sept 04:19 Key points summarised by AI

Thai Airways (THAI) lost 10% of its market share due to an aircraft shortage, with its president stating 125 aircraft are needed to restore its position.
THAI submitted a business plan for a new fleet, likely going to Cabinet in December, and plans to rent aircraft as a short-term solution to meet demand during the high season.
The airline intends to expand flights to the United States following a US FAA upgrade and has partnered with China's Spring Airlines to accommodate Chinese tourists.
THAI's load factor for October-November was 78%, primarily impacted by a 10% decline in tourist arrivals from China.

20 Oct 11:38 Key points summarised by AI

The Cabinet approved a new Bt50-billion 'A House for Each PLUS' home loan scheme from the Government Housing Bank, offering up to Bt3 million with 40-year repayment terms for low- and middle-income earners.
This initiative aims to significantly boost the property sector and national economy, projecting to generate Bt125 billion in economic activity and create jobs.