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Issue Overview

Thai’s Dire Straits

Thai’s Dire Straits

October 21st, 2019

1 min read

Issue Summary

In the years leading up to the current decade, Thai Airways knew nothing but profits — more than 40 straight years of profits. Then its world turned upside down. From 2011 through 2018, Thailand’s national carrier amassed nearly $1.8b in net losses. And the trends are getting worse, not better.

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