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Thai Airways' ultra-long haul experiment fails

14-Mar-2007

Thai Airways’ five-year plan to expand its long-haul

network has hit a major hurdle, with ongoing losses from non-stop services to

the US likely to result in the dumping of its A340-500 fleet. Thai has reportedly

lost USD150 million on the New York route alone since 2005, with weak demand

compounded by high fuel prices. [191 words]

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