Monday, July 28, 2008

Bangkok Airways latest victim to soaring oil prices


Bangkok Airways feeling the pinch!


Rising cost oil, (even tough price of crude has momentarily retreated from a high of 145USD just a week ago to 124USD today), is continuing to take its toll on airlines all over region.

Bangkok Airways is the latest airline joining Thai-based carriers in cutting back its services, just two weeks after it announced a delay in its expansion.


At the end of last week, the airline sent a circular to travel agents announcing its decision to suspend the four-weekly Bangkok-Fukuoka service from October 1 and the thrice-weekly Bangkok-Shenzhen service from August 15.

The thrice-weekly Bangkok-Hiroshima service will be reduced to twice weekly from October 1.

Meanwhile, its sister airline Siem Reap Airways International will suspend the thrice-weekly Siem Reap-Hong Kong service from August 15.

The airline's circular advised the route suspensions and reductions would be until further notice.

Two weeks earlier, the airline announced it was holding the plan to expand direct links between Koh Samui and new domestic and international destinations to indefinite dates, citing the higher oil prices.

The airline's initial plan was to introduce direct links between Koh Samui and domestic destinations - Hua Hin and Trat - and international cities - Shanghai, Macau, Kuala Lumpur and Bali - within the next two years.

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