Thai Airways reported net earnings of THB4.23 billion ($127.5 million) in the second fiscal quarter ended March 31, a 31.8% plunge from a profit of THB6.21 billion in the year-ago period. It did not offer a full explanation but did say that last year's result was boosted by a strong baht. Revenue climbed 7.6% to THB49.6 billion, costs rose 7.1% to THB43.42 billion and operating profit was up 10.6% to THB6.18 billion. Profit for the fiscal semester fell 17.5% to THB8.26 billion. Thai also is ...

Subscribe to Access this Entire Article

"Printer-friendly" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions?

Already registered? here.