Thai Airways more than doubles 2Q net loss on softening tourism market

Credit: Rob Finlayson

Thai Airways reported a net loss of THB6.9 billion ($223.8 million) for the June quarter, more than double the THB3.1 billion loss in last year’s second quarter. The carrier’s revenue dropped by 10% to THB42.5 billion, as a result of the softer tourism market, increased competition on international...

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