Thai Budget Airline One-Two-Go Suspends Operations
If you check the website of the Thailand-based budget airline One-Two-Go, this is the message that will greet you:
Dear Valued Passengers
We would like to inform you that during 22 July 2008 – 15 September 2008 we are operating a reduced schedule.
We apologize for any inconvenience to your travel plan and thank you for your kind understanding.
One-Two-Go Airlines.
The reports that are circulating, however, say something different. According to Bangkok Post, the 56-day grounding is due to “mounting cost pressures spurred by ballooning oil prices, fierce competition from rival airlines, falling domestic passenger demand and the poor business outlook”. Bloomberg confirms that …read more
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