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Thai Airways “back on our feet”; Qantas expecting 1HFY2010 profit; Double digit China traffic growth

Analysis

Thai Airways Chairman, Ampon Kittiampon, stated the carrier's financial performance has been better than expected, with a positive result now likely for the full year, after a better-than-targeted EBITDA of USD783 million in the 11 months to Nov-2009. Yields are also on the improve, up 10.5% in Nov-2009. Thai Airways' shares remained stable on Friday.

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