THAI eyes passenger growth

Financially struggling THAI is eyeing 8% in passenger growth by year's end as it plans to launch new routes. VP Nond Kalinta said the airline's financial situation is likely to improve. The airline's debts by the end of the year will be reduced to under THB6b thanks to the steady rise of passengers throughout the year. Over the past 9 months, the airline has achieved passenger growth of 4%-5%, which is higher than last's year figure year-on-year. The carrier is hopeful of growth as projected passenger numbers for the last quarter shows an 8% uptick. Nond said more routes will be launched by the end of the year, especially popular routes to Europe such as Bangkok-Vienna, Bangkok-Brussels, and Bangkok-Paris, as the airline seeks to make the most of the recent improvement in passenger numbers. <br/>
Bangkok Post
https://www.bangkokpost.com/business/1771319/thai-airways-eyes-passenger-growth
10/14/19
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