Thailand's Asia Aviation cuts 2014 passenger target


BANGKOK: Thailand's Asia Aviation Pcl has lowered the year's passenger target for budget carrier Thai AirAsia to 12.6 million from 13.3 million due to the impact of the country's political crisis.

Thai AirAsia, like other domestic carriers, suffered a slowdown in inbound tourists since the onset of anti-government protests late last year. Advanced booking numbers have only recently started to rise since the assumption of military rule.

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