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Thai AirAsia to continue to struggle after reporting loss in 3Q08


Thai AirAsia endured further challenges in the three months ended 30-Sep-08, reporting a net loss of USD7.2 million in the period. Although no year-to-date comparisons were provided, the carrier reduced its net loss by 44% from 2Q08 figures. [826 words]

Unlock the following content in this report:


  • Takes USD10 million hit from Bangkok Suvarnabhumi base closure in Nov-08
  • To miss 2008 traffic targets
  • LCCT for Thailand?

Graphs and data:

  • Thai AirAsia financial highlights for three months ended 30-Sep-08
  • Thailand domestic capacity share by carrier (seats per week as % of total): Week commencing 15-Dec-08
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