Thai Airways set aside THB700 million ($20.6 million) that it hopes to use for early retirement packages to induce 500 workers to leave the airline, the Bangkok Post reported. Thai also said it will cease operating flights from Bangkok to New York JFK and Auckland. The moves came after the carrier posted a THB9.24 billion second-quarter loss (ATWOnline, Aug. 14), widened from a THB417.4 million deficit in the year-ago quarter and its largest quarterly loss since 1997. Second-quarter revenue ...

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