Thai Airways International has reversed a THB2.63 billion loss reported a first-quarter of 2014 to post a net profit of THB4.54 billion. Revenue rose 20.3% to THB61.3 billion, with revenue from transportation activities up by 2.9% to THB48.4 billion year-over-year. Total expenses rose 10.7% to THB59 billion due to impairment costs – if these are stripped out, Thai expenses declined by 11.6%. During the first quarter of 2015, Thai launched its transformation plan with the first stage designed to stop the bleeding by discontinuing these routes: Bangkok-Johannesburg since mid-January, Bangkok-Moscow, and Phuket-Seoul in summer 2015. Adjustment in aircraft type was

This content is restricted to site members.

If you are an existing user, please login below.
New users may register below.

Existing Users Log In