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Saturday, July 19, 2008

ONE-TWO STOP

From The Nation today:

"Low-cost carrier One-Two-Go will suspend its operations from July 22 to September 15, making it the first airline victim of record oil prices.Founder and CEO Udom Tatiprosongchai said the unrelenting rise in oil prices had forced the airline to shut down temporarily."

No mention of the damage that the CEOs comments on Wednesday will have undoubtedly caused to the business, and no mention of the fact that oil prices have dropped $10 this week.

Posted by (c) 2016 Written by Andrew Batt

1 comments:

Anonymous 12:26 PM  

Also not helping 1-2-Go's bottom line in these tough economic times: Fiery crashes.

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(c) The Bangkok Bugle 2006 - 2015. Email me at bkkandy AT myway.com for information.