14-Aug-2009 11:05 AM

Thai Airways reports worse than expected 2Q2009 net loss

Thai Airways stated it reported a worse than expected net loss of USD158.2 million for the three months ended 30-Jun-2009, up from the USD27.1 million loss in the previous corresponding period – attributable to foreign exchange losses and falling passenger numbers, due to political unrest in the country and the swine flu epidemic (Reuters, 13-Aug-2009).