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Thai Airways traffic hit by Japan earthquake, announces fleet plan

Analysis

Thai Airways Mar-2011 traffic fell 3.9% to 1.6 million passengers. The Japanese earthquake crisis cut into its operations to Japan over the month from 59 to 52 times weekly, but was compensated by increases in traffic to mainland China, Singapore and Hong Kong. The carrier forecast a loss of USD20 million in monthly revenues as a result of the earthquake and tsunami.

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