Three Thai airlines face CAAT clampdown | Bangkok Post: news - News Summed Up

Three Thai airlines face CAAT clampdown | Bangkok Post: news


(File photo by Somchai Poomlard)Three Thai-registered airlines are experiencing a financial crunch after their operations were severely affected by a sharp drop in Chinese tourists. The Civil Aviation Authority of Thailand (CAAT) ordered the three airlines to devise financial rehabilitation plans in response. Revenues for the airlines fell sharply following the government's clampdown on zero-dollar tour networks operated by the Chinese. The company, which was the main bus provider for Chinese tourists, is accused of illegally conducting businesses in connection with zero-dollar tour scams. Ms Kobkarn remains confident that the number of Chinese tourists this year will reach 9.2 million, compared to 7.9 million last year.


Source: Bangkok Post November 20, 2016 22:32 UTC



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