THAI Airways total yearly operating revenue up 53.3% in 2023

THAI airways has reported a total yearly operating revenue (for THAI and its subsidiaries) for the full year 2023 of THB 161,067 million ($4,472 million), a 53.3% increase from the previous year, as the Thai flag carrier looks to complete its capital restructuring. The main reason for this growth is attributed to the airline’s increase of passenger revenue to THB 58,701 million ($1,612 million), a 79.3% increase from 2022, as the carrier resumed services to the People’s Republic of China and increased frequencies across several other popular routes. A total of 13.76 million passengers were carried in 2023, up 52.7%,