Thailand may have re-opened to international travellers, but the aviation sector continues to struggle on account of the pandemic. Today, the Bangkok Post reviews that Thai AirAsia has announced mass redundancies and prolonged furlough preparations for lots of of its employees. Asia Aviation, the most important shareholder in TAA, says the outlook for the aviation sector remains unstable and the corporate has had no alternative however to reduce both its workforce and its fleet. Executive chairman Tassapon Bijleveld says the truth that re-opening policies differ from nation to country means revenue on international routes is limited.
“It’s hurtful to take such a decision, but it’s based on actuality which we cannot answer as to when the scenario will improve. We have to wait until revenue from worldwide routes comes back and that will rely upon the entry regulations of Thailand and abroad destinations.”
According to the Bangkok Post report, Tassapon predicts a full recovery for the domestic market by the middle of subsequent 12 months, adding that international flights may see a gradual return to twenty – 30% of 2019 ranges. He believes the best-case situation is that by the end of 2022, TAA may have resumed half the variety of scheduled worldwide flights it had pre-pandemic.
In April 2020, TAA joined 6 different airlines in petitioning the federal government for soft loans, to help safe the jobs of over 20,000 workers affected by the primary Covid-19 lockdown. ติดตั้งโซล่าเซลล์ didn’t get a response until the third quarter of 2021 and a variety of them, including TAA, haven’t obtained any help from the federal government.
TAA is predicted to agree the variety of redundancies this week and will make an additional announcement to employees next week. The airline is also introducing an early retirement scheme for employees who want to go away voluntarily.
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SOURCE: Bangkok Post