Thai Airways widens 3Q net loss on stiff competition

Credit: Rob Finlayson
Thai Airways (THAI) reported a 2019 third-quarter net loss of THB4.7 billion ($152.7 million), widened from a THB3.7 billion loss in the year-ago period. Third-quarter operating revenue also declined to THB46 billion, down 4% from THB48 billion. The poor result came despite a 3% cut in operating...

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