Thailand losing $80 million per day

For a second day in a row, flights into and out of BKK is being cancelled by airlines around the world, first only on Wednesday, and later, announced as being cancelled indefinitely until situation stabilizes.

This is a blow to Thailand’s $29 billion tourism industry, and if you divide that by 365, effectively Thailand is losing close to $80 million per day each day the airport is closed. And with the loss of confidence on the political stability, the loss is probably going to be a bigger amount than that when all this is over.

For information on AirAsia’s BKK flight cancellations: http://www.airasia.com/site/my/en/page.jsp?reference=airportclosure

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