Thailand’s Nok Air posts 1Q net loss despite fleet reduction

Credit: Rob Finlayson
Thai LCC Nok Air is hoping a reduction in aircraft numbers will help reverse its deepening net losses.Nok and its subsidiaries reported a 2019 first-quarter net loss of THB391.3 million ($12.4 million), widened from a net loss of THB1.2 million in the year-ago quarter.Revenue fell by 19.7% year-over...

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