T hai Airways and Garuda Indonesia are the latest airlines to replace their leaders in an attempt to reverse their financial woes. New CEOs took over at both carriers in September, and they face major challenges as they execute restructuring plans designed by their predecessors. The two airlines have been subject to the same pressures as others in the Southeast Asian region. An explosion in competition from low-cost carriers (LCC) on short-haul and, increasingly, long-haul routes is perhaps ...

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