Thai AirAsia is achieving healthy profit growth to match its rapid fleet expansion, which suggests why other airlines are rushing to set up operations in Thailand. The carrier achieved a profit of 297.3 million Baht ($9.4 million) in the third quarter, which was up nearly 60% versus the same period last year. The increase was even more notable for the nine months ending Sept. 30, with profits up 70% to 1.5 billion Baht. Capacity for the nine months was 22% higher, thanks to a net ...

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