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Thai Airways narrows 2Q loss to $48.4 million

Thai Airways International (TG) has reported a second-quarter net loss of THB1.53 billion, ($48.4 million), narrowed from THB7.9 billion in the year-ago quarter.

Thai Airways 747-400. By Rob Finlayson Thai Airways International (TG) has reported a second-quarter net loss of THB1.53 billion, ($48.4 million), narrowed from THB7.9 billion in the year-ago quarter. “When compared to the same period last year, TG’s cabin factor indicated an excellent cabin factor result for the low season period. Unfortunately, TG was still subjected to an unfavorable world economic situation and intensified competition,” the carrier said in a ...

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