Thai Air Cargo

Thai Air Cargo (T2 Cargo), is a cargo airline based in Bangkok, Thailand.

Code Data

*IATA Code: T2
*ICAO Code: TCG
*Callsign: THAI CARGO

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. [http://www.worldair.com/news/20050310.html]

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. [http://www.aircargoworld.com/features/0905_2.htm]

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. [http://www.nationmultimedia.com/2006/03/07/business/business_20002118.php]

References

* Putzger, Ian (March 2005). [http://www.aircargoworld.com/features/0905_2.htm "Tigers' cargo purr"] , "Air Cargo World". (Retrieved March 8, 2006).
* Sritama, Suchat (March 7, 2006). [http://www.nationmultimedia.com/2006/03/07/business/business_20002118.php "Phuket Air angles for new name, license] , "The Nation".