Thai Airways Cites Fuel Costs, Engine Repairs in 2018 Net Loss
Credit: Rob Finlayson
SINGAPORE—Thai Airways reported a 2018 net loss of THB11.6 billion ($355 million), deepened from a net loss of THB2.1 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...
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