Thai AirAsia Braces For ‘Challenging’ 2020 After $29M Loss

Chen Chuanren February 26, 2020
Santisuk
Thai AirAsia CEO Santisuk Klongchaiya has warned COVID-19 coronavirus will make the loss-making carrier's year difficult.
Credit: Thai AirAsia
Thai AirAsia (TAA) ended 2019 with a total net loss after tax of THB871 million ($29 million) despite an increase in passengers and 3% revenue growth. Santisuk Klongchaiya, the airline’s CEO, warned of a challenging 2020 related to the COVID-19 coronavirus outbreak. As a result, TAA has lowered its...
Chen Chuanren

Chen Chuanren is the Southeast Asia and China Editor for the Aviation Week Network’s (AWN) Air Transport World (ATW) and the Asia-Pacific Defense Correspondent for AWN, joining the team in 2017.

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