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Thai AirAsia expects to report losses in 2008


Thai AirAsia confirmed it expects to report losses in 2008 after "substantial" losses in 2007. The airline has been negatively affected by escalating fuel prices and slowing traffic demand. [740 words]

Unlock the following content in this report:


  • Targeting 4.6 million passengers in 2008; transports 2.1 million passengers in 1H08
  • No plans to reduce frequencies or eliminate service

Graphs and data:

  • Thai AirAsia financial highlights for three months ended 31-Dec-07
  • Thai AirAsia 2008 fleet plans
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