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%...

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