Thai Airways to miss 2009 revenue growth target

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Thai Airways to miss 2009 revenue growth target (Thai Airway Public)

BANGKOK, Dec 22 (Reuters) - Thai Airways International said on Monday it would miss its 2009 revenue growth target of 3-5 percent due to the global economic crisis and a week-long shutdown of Bangkok's main airports.

Executive Vice President Pandit Chanapai told reporters the airline was still working on a new revenue target for next year.

He also said the airline's "cabin factor" -- the percentage of seats sold-- was expected to fall to 70 percent this year, from a previous forecast of 73 percent, and compared to 77 percent in 2007.

($1=34.55 Baht)

(Reporting by Manunphattr Dhanananphorn; Writing by Arada Therdthammakun;Editing by Darren Schuettler)

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