Bloomberg reports that severe flooding in Thailand is beginning to have a broad impact on key business sectors, including airlines and the automotive industry, after several days of continuous heavy rain. The cabinet approved a budget of approximately 4 billion baht, or about 119 million dollars, for relief measures for those affected by the floods. Thai Airways International Public Company Limited canceled a total of 22 domestic and international flights scheduled between September 29 and 30, after a large number of employees were unable to travel to work. As a result, more than 5,000 passenger bags were left stranded at Suvarnabhumi Airport, and Thai Airways also cut its service capacity by about 30 percent from the previous level of roughly 110 flights departing Bangkok per day. Chai Eamsiri, chief executive officer of Thai Airways, expects services to return to normal within 72 hours. Meanwhile, Thai Airways shares fell as much as 2.4 percent. Honda Motor suspended motorcycle production at one of its plants in Thailand on Monday and Tuesday and expects to restart the production line on Wednesday. However, the Federation of Thai Industries said the automotive industry as a whole has not yet been significantly affected and maintained its car production target for 2026 at 1.45 million units. Authorities are closely monitoring the situation in Prachin Buri and Rayong provinces, and the floods have also affected 155 schools in Bangkok, with some facing continuous flooding for four to five days, after Bangkok received more than 300 millimeters of rain in just two to three days.
Thai Airways International Public Company LimitedFloods left staff unable to reach work, forcing Thai Airways to cancel 22 flights and cut capacity about 30%.
Honda Motor Co., Ltd.Flooding forced Honda to suspend motorcycle production at one Thai plant on Monday and Tuesday.
