The climate for privatizing Thai Airways is not favorable right now.
The stock market was falling due to one reason which is political uncertainty.
Ongoing protests are affecting investor sentiment negatively. Investors are now concerned whether the crisis will affect government economic policy.
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.
People are strongly against the government's selling of state enterprises.
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.
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