For an airline whose primary market is tourism, a military junta and terrorist bombings definitely impact the bottom line. While those events have affected Thai Airways’ financial situation, they are not the main problem. The real issue, according to its new president, is a decade of management chaos. The results being a 2014 net loss of THB15.57 billion ($441.5 million) on revenues of THB203.89 billion, following a THB12 billion loss in 2013. Passenger traffic dropped 12.5% to 19.1 ...

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