Thai Airways to miss 2009 revenue growth target

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)

orange.advfn.com

https://www.youtube.com/watch?v=J6_1Pw1xm9U