Thai Airways reported 2009 net income of THB7.34 billion ($222.8 million), reversed from a net loss of THB21.38 billion in 2008, citing "cost control" and a foreign exchange gain as the main reasons it returned to the black. While it expects to remain profitable this year (ATWOnline, Jan. 15), the company said it is "still affected by the various crises including the ongoing global recession and the lingering H1N1 pandemic." It noted that "Thai political unrest" had a "negative impact" on ...

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