One-Two-Go Airlines suspends operations

Summary

Thailand's first no-frills airline, One-Two-Go, has suspended all operations for two months for financial restructuring. One-Two-Go started operations in December 2003 and now is the first to fall victim to escalating world oil prices. The chief executive Udom Tatiprosongchai said that the company has been losing money for months, and we cannot continue like this.
On Friday, the airline announced the suspension of all operations from July 22 to September 15. It has 700 employees and eight MD 80 jets. A One-Two-Go plane crashed on landing during a heavy downpour on Phuket Island in October 2007, killing 90 people on board.


Personal Response

The rising price of oil is the pressure of all business especially for the all airlines. However, One-Two-Go should solve the problem of forward ticket sales with the best way for both sides.


Source

http://www.bangkokpost.co.th/190708_News/19Jul2008_news002.php



Thanakarn Suwannasang No 25 ID1500212269