BANGKOK -- Thailand's loss-making national flag carrier Thai Airways International expects turbulence ahead due to the outbreak of the new coronavirus known as COVID-19.
On Monday, the state-owned airline announced that it had ended the year with a net loss of 12 billion baht ($383 million) in 2019. It was the third straight year with a net loss. The loss was larger by 3.6% compared to the previous year. Total revenue decreased 7.7% to 184 billion.
