Thai Airways suffered a THB5.4 billion ($156.5 million) loss in the second quarter, a 41.6% improvement from the THB9.25 billion deficit reported in the year-ago period. Revenue fell 31.9% to THB34.63 billion and expenses were down 34.8% to THB39.92 billion. Capacity was cut 11.2%, but a 22.7% fall in RPKs lowered load factor 9.9 points to 66.2%. The airline said the traditional low season, the global downturn, the H1N1 flu and domestic political unrest combined to produce the loss. Yield ...

Subscribe to Access this Entire Article

"Printer-friendly" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions?

Already registered? here.