Thai Airways posts huge loss | Bangkok Post: learning - News Summed Up

Thai Airways posts huge loss | Bangkok Post: learning


Thai Airways International planes sit idle at Suvarnabhumi airport. (Photo: Somchai Poomlard)Thai Airways International has posted a huge loss for the third quarter after the coronavirus pandemic shut down global tourism. Mr Chansin said the Covid-19 pandemic was still having a major impact on business, limiting air travel worldwide and keeping foreign tourists away. Tourism is a key driver of the Thai economy, accounting for around 20% of gross domestic product. Thailand had 6.7 million foreign visitors in the first nine months of the year, down about 77% from almost 30 million last year, according to figures from the Tourism and Sports Ministry.


Source: Bangkok Post November 12, 2020 06:22 UTC



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