Bangkok--14 Mar--Thai Airways
Thai Airways International Public Company Limited (THAI) held a Board of Directors’ Meeting chaired by Mr. Ampon Kittiampon, THAI Chairman, at THAI Head Office with the following announcements.
1. Operating Results for February 2011
The THAI Board of Directors acknowledged the operating results for February 2011 as follows:
Available Seat-Kilometer (ASK) for February 2011 was 2.9% higher than in February 2010. Revenue Passenger-Kilometer (RPK) for February 2011 was 2.9% lower than in February 2010. Cabin Factor averaged at 77.7%. Available Dead Load Ton-Kilometers (ADTK) for February 2011 was 9.6% higher than in February 2010. Revenue Freight Ton-Kilometers (RFTK) for February 2011 was 2.4% higher than in February 2010. Freight Load Factor for February 2011 averaged at 56.4%, and was 5.0% higher than January 2011.
2. Purchase of Aviation Fuel
THAI’s Board of Directors approved the purchasing of approximately 44.69 million gallons of aviation fuel for a contractual period of one year, from 1 April 2011 to 31 March 2012, for the following stations: Bangkok, Jakarta, Denpasar, Hong Kong, Kuala Lumpur, Penang, Manila, Phnom Penh, Singapore, and Taipei.
3. Fuel Hedging
THAI’s Board of Directors acknowledged the situation on jet fuel price fluctuating at approximately USD 130 per barrel due to the increase in jet fuel due to market concerns about the uncertain Middle East situation and irregular cold weather conditions in many parts of Europe, the USA, and the People’s Republic of China. THAI’s hedging on jet fuel prices are : 48 percent for Quarter 1/2011 and 44 percent for Quarter 2/2011.
4. Management Appointments and Transfers
THAI’s Board of Directors approved the appointments and transfers below.
4.1 Mr. Bumpen Suppasri, as Vice President, Legal & Compliance Department
4.2 Mr. Krittaphon Chantalitanon, as Vice President, Product & Service Development Department
4.3 Ms. Busaba Sangkawibha, as Vice President, Customer Service Management & Relations Department
4.4 Flight Lieutenant Suraphon Israngura Na Ayuthya, as Managing Director, Catering Department
International Public Relations Department
Thai Airways International Public Company Limited
Tel : (662) 545-2662 / 2663 / 1711 / 4686 / 1705 / 2720
Fax : (662) 545-3891