Thai Airways Jul-Aug passenger traffic down 7.56% YoY

National carrier THAI reported that its passenger traffic, measured by revenue passenger kilometers (RPK) slipped 7.56% YoY in Jul-Aug 2009. Its cabin factor averaged 73.7% in the first two months of 3Q09, down from the year-ago level of 76.1%. Cargo traffic, measured by revenue ton kilometers (RTK) dropped 12.59% YoY in Jul-Aug 2009. Its freight factor averaged 51.5% in the first two months of 3Q09, down from the year-ago level of 56.2%. The pace of declines in passenger and cargo traffic moderated significantly from a contraction of 21.5% and 27.4% in 1H09, pointing to signs of recovery.