Thai Air Cargo Explained

Airline:Thai Air Cargo
Iata:T2
Icao:TCG
Callsign:THAI CARGO
Parent:CTI Holdings
Founded:2004
Ceased:2006

Thai Air Cargo (T2 Cargo), was a cargo airline based in Bangkok, Thailand, operating from 2004 to 2006.

History

Thai Air Cargo was established in December 2004 as a joint venture between a Thai logistics firm, Commercial Transport International, or CTI Holdings (51%) and Australian airline Qantas (49%).

Thai Air Cargo was to initially target markets in Japan, China, India and Europe.

In 2005, the company announced it was to wet lease a McDonnell Douglas MD-11 from US-based World Airways.[1]

Beginning operations at a time when Thailand's national flag carrier Thai Airways International was focused more on its passenger business, Thai Air Cargo filled a niche and appeared to be doing good business, with 95% load factors.[2]

However, in March 2006, Thailand's Civil Aviation Department said it was withdrawing the cargo carrier's license, and it appears the airline has gone out of business.[3]

References

Notes and References

  1. http://www.worldair.com/news/20050310.html
  2. http://www.aircargoworld.com/features/0905_2.htm
  3. Web site: Phuket Air angles for new name, licence . www.nationmultimedia.com . dead . https://web.archive.org/web/20070311221512/http://www.nationmultimedia.com/2006/03/07/business/business_20002118.php . 2007-03-11.