Thai Airways targets US$5b ticket sales, to focus on corporates

[Bangkok] Thai Airways International PCL on Thursday said the flag carrier is aiming for passenger ticket sales of 157 billion baht (US$4.84 billion) in 2014, and that it will focus more on corporate clients to boost revenue.

The money-losing airline plans to approach companies in Singapore, China and India to buy its tickets after signing contracts with seven Thai companies, Vice President Surapol Isarakura na Ayutthaya told reporters, without providing 2013 figures.

The airline, which is in the process of restructuring, also targets a cabin factor of more than 75 per cent in the fourth quarter helped by rising travel demand during the year-end holiday season, he said. REUTERS