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Thai's profits drop in 1Q2011 as oil prices and external factors affect demand


Thai Airways International is starting to feel the string of rising fuel costs and weaker load factors. The carrier has reported a 24% drop in profit before foreign currency exchange losses and tax for 1Q2011 to THB4.112 billion (USD136 million). [783 words]

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Graphs and data:

  • Thai Airways transportation revenue breakdown by region: 1Q2010
  • Thai Airways transportation revenue breakdown by region: 1Q2011
  • Thai Airways 2011 assumptions
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