Thailand's Nok Air widens net losses in FY 2015

Credit: Boeing
Thai-based low-cost carrier (LCC) Nok Air reported a net loss of THB723.9 million baht ($20.08 million) for FY 2015, deepened from a THB472 million net loss in 2014. Nok chairman Somchainuk Engtrakul said the results came as competition in the Thai aviation industry, especially in the LCC sector...

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