Thai Airways widens 2018 net loss on fuel costs, domestic competition
Credit: Airbus
Thai Airways reported a 2018 net loss of THB11.6 billion ($355 million), deepened from a net loss of THB 2.1 billion in 2017. Despite a 3.9% increase in revenue to THB200 billion, total operating expenses rose 10.3%, primarily because of rising fuel prices. The airline said fuel costs increased 30.1...
Subscription Required
This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.
Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.
Already an AWIN subscriber? Login
Did you know? Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.
Related Content
