Nok Air’s 3Q profit down on cost hikes, intense competition
November 19, 2014
Thai budget carrier Nok Air reported a third-quarter net loss of TBH353.3 million ($10.8 million), reversed from a net profit of THB244.6 million reported in the year-ago period. The airline attributed the poor performance to slow recovery in Thailand’s economic activity, intense competition in the...
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