Competition is another biggest challenge for Thai Airways. We are seeing very, very tough competition. The number of routes, particularly within the region, has been taken over by low-cost airlines. |
Oil is the biggest challenge for the company. About 30 to 40 percent of the company's operational costs is oil. |
Ongoing protests are affecting investor sentiment negatively. Investors are now concerned whether the crisis will affect government economic policy. |
People are strongly against the government's selling of state enterprises. |
Political uncertainty is the main factor for the market decline. Buying sentiment was very weak as the crisis appeared to be continuing for a while. |
The climate for privatizing Thai Airways is not favorable right now. |
The stock market was falling due to one reason which is political uncertainty. |
Today is a very bad day for regional stock markets, mainly due to Tokyo's massive fall. |