Thailand’s Nok Air Profit Slides Despite Fleet Cuts

Credit: Nok Air
AUCKLAND—Thai LCC Nok Air is hoping a reduction in its aircraft numbers will help reverse its deepening net losses. The carrier phased out its two ATR 72-500s in the March quarter in accordance with its turnaround plan, cutting its fleet to 23 aircraft. This total is down by six from the 29 aircraft...

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