Thai Airways Earnings Surge in Q1

[snoop1130]

 

BANGKOK, May 12 (TNA) – Thai Airways International Plc (THAI) reported the total operating revenue of more than 41 billion baht in the first quarter of 2023, up 271 per cent year-on-year.

 

THAI Chief Executive Officer Chai Eamsiri said THAI and its subsidiaries reported 41.5 billion baht in total revenue, up from 11.18 billion baht in the same period last year.

 

In the first three months, the company’s net income rose to 12.5 billion baht, rebounding from a net loss of 3.5 billion baht last year.

 

Full Story: https://tna.mcot.net/english-news/line-today-english-news-1171212

 

-- © Copyright Thai News Agency 2023-05-12

 

- Cigna offers a range of visa-compliant plans that meet the minimum requirement of medical treatment, including COVID-19, up to THB 3m. For more information on all expat health insurance plans click here.

 

The most versatile and flexible rental investment and holiday home solution in Thailand - click for more information.

[hotchilli]

12 hours ago, snoop1130 said:

In the first three months, the company’s net income rose to 12.5 billion baht, rebounding from a net loss of 3.5 billion baht last year.

Wonders never cease.

[whiteman]

pigs do fly

[RichardColeman]

This story is probably true - course it will happen when you put prices up an incredible 40-50% and companies like BA were not flying direct.

 

Pure price increase scam

[dinsdale]

They wouldn't be the only airline with an earnings surge. Airfares are extortionate across the board. Clawing back lost income through the pandemic.