Thai Airways reported a THB21.38 billion ($592.1 million) loss in 2008 compared to a THB4.43 billion profit in 2007 as the economic downturn and the protest-induced closure of Bangkok Suvarnabhumi in the fourth quarter proved too much to overcome. Thai suffered a THB14.8 billion fourth-quarter loss that represented a reversal from a THB1.84 billion profit in the final three months of 2007 (ATWOnline, Dec. 5, 2008). Transport Ministry Secretary and TG Chairman Surachai Tansitpong said the ...

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