| |||||||
| Founded | 2004 | ||||||
|---|---|---|---|---|---|---|---|
| Ceased operations | 2006 | ||||||
| Parent company | CTI Holdings | ||||||
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
- ↑ Archived 22 November 2015 at the Wayback Machine
- ↑ Archived 28 May 2008 at the Wayback Machine
- ↑ "Phuket Air angles for new name, licence". www.nationmultimedia.com. Archived from the original on 11 March 2007.
- Putzger, Ian (March 2005). "Tigers' cargo purr", Air Cargo World. (Retrieved 8 March 2006).