NOK AIR is cutting its daily flights between Bangkok and Phuket from the end of July, along with services to three other destinations.
About 20 Nok Air staff at the airport on Phuket are also going to lose their jobs as the aviation industry crisis, fuelled by rising oil costs, impacts on Thai travel nationwide.
Inevitably, the cutbacks will affect tourism on Phuket and before long, investment on the island in property and resort construction.
The message coming from the real estate industry on Phuket is that the outlook has never been more promising. This is a surefire indication that sales are slow and now is the time to set your own price
Full report at www.phuketwan.com: