THAI Airways is heading towards making a profit

Thai Airways International PCL including all of its subsidiaries, made a net loss of 1.6 billion baht ($45 million) for the July-September quarter versus a loss of 9.9 billion baht the same period LY

Thai Airways International PCL including all of its subsidiaries, made a net loss of 1.6 billion baht ($45 million) for the July-September quarter versus a loss of 9.9 billion baht the same period LY.

The airline posted an operating loss of 836 million baht, improved from a loss of 3.4 billion baht a year earlier as fuel expenses dropped 33.6 percent and the number of passengers rose 7.6 percent to 5.5 million.



It also booked an impairment loss on assets and aircraft of 624 million baht for the quarter, but recorded gains of 120 million baht from foreign exchange.

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Juergen T Steinmetz

Juergen Thomas Steinmetz has continuously worked in the travel and tourism industry since he was a teenager in Germany (1977).
He founded eTurboNews in 1999 as the first online newsletter for the global travel tourism industry.

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