One-Two-Go Suspends Operations
Low-cost airline One-Two-Go has suspended its operations until September 15, blaming the rising price of oil as the reason. The airline said it would resume operations when the situation improved. Industry analysts said the carrier had been losing money for months and doubted the situation would improve greatly by September 15.
One-Two-Go was one of Thailand's no-frills first airlines, starting service in December 2003 with flights between Bangkok and Chiang Mai. The airline hit the headlines on September 17, 2007 when one of its planes crashed in Phuket killing 90 passengers.
