What’s there not to like about Thailand as a holiday destination? There’s the warm weather, idyllic beaches, great food, nice people…military coups…Middle East Respiratory Syndrome…and concerns about the safety of Thai civil aviation.

So Thai tourism is facing a few, ahem, challenges at the moment but Goldman Sachs is reassuring its clients that MERS and a recent downgrade of the country’s air safety rating will have a limited impact on an industry that accounted for about 10% of GDP last year.

Thailand...