Credit: Nigel Howarth / Aviation Week
Asia Aviation (AAV), parent company of Thai AirAsia, has posted a THB671 million ($21 million) first quarter (Q1) net loss as COVID-19 felled Thailand tourist arrivals by 38%. The result reversed the THB497 million net profit the airline made in Q1 2019. The LCC, which is 55%-owned by AAV and 45%...
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