14-Aug-2008 12:13 PM
Thai Airways' troubles deepen - biggest quarterly loss since 1997
Analysis
Thai Airways has been racking up some dubious honours lately - its worst quarterly loss since the Asian Financial Crisis of 1997, a recent 16-year low in its share price, a public board split over the tenure of its President, the halving of its budget unit's operations, as well as a ratings downgrade that has triggered the deferral of a USD300 million bond issue.
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