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GLOBAL AIR TRAVEL, INC.
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Cargo Shipping International is a reliable partner for Ro/Ro shipments to the east, west, and south of Africa, the Middle and the Far East, and Central and South America
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CSI provides air-freight forwarding solutions in collaboration with Slade Air Netherlands. From location to the final destination of the consignee, we ensure your shipment is delivered on time.
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Gol makes second attempt to merge with Smiles loyalty programme
By Cirium 2020-12-07T12:42:00+00:00
Brazilian low-cost carrier Gol has for the second time proposed merging its Smiles loyalty programme with the airline.
In a 7 December statement, the carrier says that while the separate shareholding structure of Gol and Smiles “benefited both entities historically”, the pandemic has “accelerated and amplified” changes in the “competitive dynamic of both the airline and loyalty markets”.
This, it adds, has necessitated “an unwinding of this structure”, to “ensure the long-term competitiveness and viability of both businesses”.
If implemented, the merger will result in the migration of the Smiles shareholders who elect to do so to Gol ‘s and Smiles’ combined shareholders’ base. Shareholders who choose not to migrate will receive a cash redemption from the airline.
Under the proposal, each common share of Smiles will entitle the holder to receive either 0.825 preferred shares of Gol for each common share of Smiles, or R$22.32 ($4.32) in cash for each common share of Smiles. Alternatively, holders can opt for a combination of preferred shares and cash.
Gol states that, “due to the circumstances of the pandemic” it aims to conclude negotiations on the proposal “within 30 days”. Shareholder meetings will take place “on or before” 18 January.
The airline initially set out plans to bring its publicly listed loyalty programme in house in October 2018, but the proposal was called off later that year.
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Thai airways' thai smile ceases flights as airline consolidates operations.
The changes mark the return of domestic operations for Thai Airways.
- Thai Smile operated its final flight on December 31, following a merger into its parent company, Thai Airways.
- The rise in airfares for low-cost carriers led to the absorption of the carrier.
- With the subsidiary no longer operating, Thai Airways will resume domestic operations in Thailand with nine city pairs.
The low-cost subsidiary of Thai Airways , known as Thai Smile , operated its final flight on December 31, as the flag carrier of Thailand restructures its operations.
Thai Smile, which is not the first airline subsidiary to be absorbed into its parent company, follows the likes of Silk Air, which folded into Singapore Airlines, and Cathay Dragon, which now operates entirely under Cathay Pacific. This move is a result of the rise in airfares for low-cost carriers, leading legacy carriers to focus on their mainline operations. All future bookings under Thai Smile have been transferred to Thai Airways.
The merger of the subsidiary was part of the Thai Airways rehabilitation as the carrier has been restructured under Thailand's bankruptcy court ruling. From this restructuring, Thai Smile was required to be fully merged by the end of 2023.
Find more news about Asian aviation here.
Eleven years of low fares
The wholly-owned subsidiary was formed on August 19, 2011, as Thai Wings. It commenced operations as Thai Smile the following year, taking off on July 7. With a fleet of 20 Airbus A320s, the aircraft will be transferred to Thai Airways and deployed mainly on domestic and regional services.
The move will enhance the carrier's operations, and improve service efficiency and aircraft utilization. Since mid-2023, Thai Airways has been gradually repainting the Thai Smile aircraft back into its standard livery. According to data from ch-aviation , all but four aircraft remained under Thai Smile's operating certificate by the end of 2023. The remaining aircraft are expected to be fully integrated into Thai Airways by the end of this month.
Before the merger, the carrier operated 16 domestic services alongside 14 regional operations around Asia. The airline's final flight, WE268, on December 31, was operated from Hat Yai International Airport (HDY) to Bangkok Suvarnabhumi Airport (BKK). Scheduled to depart at 20:45, the flight departed its gate a minute early at 20:44 and flew one hour to Bangkok, arriving at 21:46.
According to Flightradar24.com , the WE268 was operated by an A320, registered as HS-TXP, and was transferred to Thai Airways on the day of its final flight. The nine-year-old aircraft first flew on September 9, 2014, before being delivered to Thai Smile on September 27. Reported by Airfleets.net , the aircraft is powered by two International Aero Engines (IAE) V2527-A5.
A return to domestic operations
With the subsidiary now part of history, Thai Airways returns to domestic operations, operating routes to nine city pairs, which will include:
- Bangkok Suvarnabhumi - Phuket
- Bangkok Suvarnabhumi - Chiang Mai
- Bangkok Suvarnabhumi - Khon Kaen
- Bangkok Suvarnabhumi - Hat Yai
- Bangkok Suvarnabhumi - Chiang Rai
- Bangkok Suvarnabhumi- Udon Thani
- Bangkok Suvarnabhumi - Ubon Ratchathani
- Bangkok Suvarnabhumi - Krabi
- Bangkok Suvarnabhumi - Narathiwat
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Find company research, competitor information, contact details & financial data for Smile Global Air Travel Inc. of Seoul, Seoul. Get the latest business insights from Dun & Bradstreet.
Smile Global Air Travel, Inc. filed as an Articles of Incorporation in the State of California and is no longer active. This corporate entity was filed approximately seven years ago on Friday, September 23, 2016 as recorded in documents filed with California Secretary of State.
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Smile Global 5810 Ralston Street, Suite 100 Ventura, California 93003. Phone 800.541.9794 - Toll-free 805.918.0508 - Ventura Local Email. Support: support[at]smileglobal.com Billing Inquiries: billing[at]smileglobal.com Sales Inquiries: sales[at]smileglobal.com
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GLOBAL AIR TRAVEL, INC. Company Number P93000086785 Status Inactive Incorporation Date 20 December 1993 (almost 29 years ago) Company Type Domestic for Profit ... inactive SMILE GLOBAL AIR TRAVEL, INC. (California (US), 23 Sep 2016 - ) GLOBAL CRUISES AND AIR TRAVEL, INC (New Jersey (US), 29 Jul 2015 - )
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Star Alliance today announced the plans for THAI Smile Airways to become the next Connecting Partner in its global network. ... THAI Smile Airways will add 11 new destinations to the Star Alliance network, which already comprises over 1,300 airports in 194 countries. ... providing superior air travel experience for the modern travellers at ...
It has today been announced that Thai Smile Airways will become the next Star Alliance Connecting Partner. This announcement was made at the 75th IATA Annual General Meeting in Seoul. Star Alliance established this concept in 2016, and the first airline to join as a Star Alliance Connecting Partner was Juneyao Airlines in 2017. It's expected ...
Published Jun 11, 2023. Thai Smile will eventually be no more as Thai Airways group aims to reduce operational costs by merging the regional brand into mainline operations. Photo: Markus Mainka / Shutterstock. In case you missed it, Thai Airways group announced in late-May that it would be merging Thai Smile into the mainline Thai Airways brand.
CSI provides air-freight forwarding solutions in collaboration with Slade Air Netherlands. From location to the final destination of the consignee, we ensure your shipment is delivered on time. ... SMILE GLOBAL LOGISTICS. SGL—Cargo Shipping International Ltd. Is a forwarding company that began its logistics solutions in 1999. The company has ...
Brazilian low-cost carrier Gol has for the second time proposed merging its Smiles loyalty programme with the airline.. In a 7 December statement, the carrier says that while the separate ...
The low-cost subsidiary of Thai Airways, known as Thai Smile, operated its final flight on December 31, as the flag carrier of Thailand restructures its operations.. Thai Smile, which is not the first airline subsidiary to be absorbed into its parent company, follows the likes of Silk Air, which folded into Singapore Airlines, and Cathay Dragon, which now operates entirely under Cathay Pacific.
The International Aviation and Space Show (MAKS) is held every two years at the Gromov Flight Research Institute airfield in Zhukovsky and is the largest avi...
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Central Air Force Museum The Central Air Force Museum, housed at Monino Airfield, 40 km east of Moscow, Russia, is one of the world's largest aviation museums, and the largest for Russian aircraft. 173 aircraft and 127 aircraft engines are on display, and the museum also features collections of weapons, instruments, uniforms (including captured U2 pilot Gary Powers' uniform), other Cold War ...
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Air Force types included an Sukhoi Su-34 Platypus Bomber Flanker, MiG-31 Foxhound long range, high speed interceptor. Plus a MiG-21 Fishbed and various MiG-29 Fulcrum and Su-27 Flanker Squadron machines. ... Although TVC have not been incorporated with these particular combat aircraft for operation, the new F/A-22 Raptor uses thrust-vectoring.