Thai Airways has reported a second-quarter loss of THB12.8 billion ($378 million), widened from a loss of THB7.7 billion in the year-ago quarter. Weakness in cargo demand was a major factor. Thai’s cargo volume was down almost 23% year-on-year in the quarter, dwarfing the 9.3% decline in capacity. Cargo yield dropped 6.6% and load factor fell 10 points to 58.3%. Airlines in the region have been largely pessimistic regarding the cargo outlook. Thai Airways said Asia-Pacific airlines ...

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