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Thai Airline One Two Go now One To Stop[/FONT]
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Bangkok Post 19/07/2008[/FONT]
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(dpa) - Thailand's first no-frills airline, One-Two-Go, has suspended all operations for two months for "financial restructuring," media reports said Saturday. [/FONT]
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One-Two-Go, the country's first low-cost airline, started operations in December 2003 and is now the first to fall victim to escalating world oil prices, the airline's top executive said. [/FONT]
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"The company has been losing money for months, and we cannot continue like this," founder and chief executive Udom Tatiprosongchai told The Nation newspaper. [/FONT]
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On Friday, the airline announced the suspension of all operations from July 22 to September 15. It has 700 employees and eight MD 80 jets. [/FONT]
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A One-Two-Go plane crashed on landing during a heavy downpour on Phuket Island in October 2007, killing 90 people on board. [/FONT]
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Relatives of some of the victims have started a website, www.investigationudom.com, to campaign for an investigation into Udom's business conduct in managing the airline, claiming that he forced pilots to fly unsafe planes.[/FONT]