Nok Air expects to clear cumulative losses by June; targeting 2 million passengers in 2009

The outlook for Nok Air is improving, with the LCC stating it now expects to clear its cumulative losses by Jun-2009. The LCC expects to handle 2 million passengers in 2009, a 20% year-on-year reduction, although average load factors are expected to improve 5 ppts (to 80%), due to the carrier’s streamlined network.

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