Home‎ > ‎Newsflash in detail‎ > ‎

Thai Airways confident financials flying high

posted 18 May 2022, 23:06 by Happi Mess   [ updated 19 May 2022, 23:23 ]



Mixed fortunes for Thai Airways but nation’s flag carrier confident of financial take off 




Financial figures released yesterday by Thai Airways International revealed mixed fortunes for the Bangkok-based airline.

Thailand’s flag carrier airline declared a net loss of nearly 3.4 billion baht on revenue of 11.2 billion baht in Q1, an improvement on the 11.2 billion baht net loss from the same period last year, but on the positive side the company also noted a 155 per cent year on year increase.

Thai Airways’s financial report unveiled operational revenue had increased by 6.8 billion baht compared to the same period last year. On the down side expenditure of 14.4 billion baht increased, up 3 billion baht year on year, exposing a loss of 3.4 billion baht.

Higher fuel costs were elevated because of the Russia-Ukraine conflict and the on-going Covid-19 pandemic continues weight heavy on the airline. Fuel expenses increased almost 5-fold to 4.2 billion baht. Thai Airways was forced to enter a court-supervised rehabilitation programme in 2020 because of the pandemic, after posting its worst-ever net loss of 141 billion baht.

But the company bounced back from that setback a year later returning a net profit of 55.1 billion baht. It was Thai Airways’s first net profit in five years following a company overhaul of its infrastructure. The Thai government’s easing of Covid restrictions, and popular programmes such as the Thai Pass, has opened up the country to more tourists resulting in busier air traffic and increased revenue.

Thai Airways is confident the airline will continue to prosper and deliver a reliable operating profit in the future as pandemic restrictions ease and fuel costs come down.

SOURCE: Nikkei Asia | The Nation

















Your Comments






add your comments in the link - fbk group bkk adventure













Related topics









Night Markets


5 in the last by latest edits, open table to access all

Recent List Items

Name and LinkZone / Trading days / hrsNearest Trans stationComments / feedback
BOX SPACE Ratchayothin Chatuchak /  MRT Phahon Yothin MRT Station ( PHA ) mainly bars not markets 
Patpong Markets Silom / nightly BTS Sala Daeng within a red light zone 
Bangkok Flower markets Chinatown / Nightly River Pier Travel spot 
Ratchada Train Market Din Daen 3km from Siam MRT Thai Culture centre 100mts Big, family orientated 
Neon Night Markets Ratchathewi / Nightly Pier Pratunam 300mtrs  open 2016 media size cheap clean spacious 
Showing 5 items from page Night markets sorted by edit time. View more »














Pls share me 




10 buzz Markets Bangkok Shopping https://lnkd.in/dhJuBEkc







Related topic









NEW TO TOWN 




Google doc version with summary of tour zones 




Buy us a coffee



if you like info, keep us going sponsor a coffee
when I roam around town with a few bags of camera gear, phones and compass I get tired 
in this link you can buy me a coffee and include a message which helps so much

ultimately I prefer support for visit my local charity project 
FSCC Foundation Slum Child Care log of my visits and money raised



Join our Community
https://lh5.googleusercontent.com/6QWwu3xcfVG0kc2J6OMbS2NGyIpLN5dblJshIQQocOibZJd2I2usCqD4TxKObLNdqzrMExUfLlT8Vqy-cWHhz7Ggp6qY0_ezPIVCWgn_twWIOPIJHmUzLDVRTCclYhY7Yj8Hbug

Facebook groups Bangkok   
Adventure I Nightlife I Tourism I Models   members 100,000








Tourism Bangkok






Local host 

 
Bangkok PAC 

Personal Assistant  
(translated: Laeh kha suan dtua)

Our priority is You! 
We Orientate, Translate and Negotiate to ensure your seamless experience.





or D.I.Y.


showing last 5 changes see all  Directory Tourism

Industry and ThemeName & URLMain Function
All -> master Index Master Index all tables 
Attractions Bangkok Directory Attractions Bkk all Attractions 
Hospitality Hospitality: Master Index Index 
Markets Markets Bangkok index 
Local Travel Hosts Travel Host Directory Index of local hosts services 
Showing 5 items from page Master Directory Tourism Bangkok sorted by edit time. View more »




















Other topics












Bkk River Icons



Best Icons along 









Bkk Sports Bars

Bangkok's Best Sports bars 













LuckyPhill heads or tails




undecided .. flip it heads or tails 















guess what this is about ... lol


Unusual and Unique Thai Ads inspiring creativity 














So you don’t know WTF to do with your life? You’re not alone.

Let the internet determine your future destiny. This website exists as a choose-your-own adventure guide to happiness and life fulfillment.

WA All you have to do is click here













Share the love




 
Bangkok Adventure
Public group · 24,951 members
Join Group
The focus: BANGKOK TOURISM: Activities, tours and Adventure Mission / Group rules @ http://www.thaibis.com/a-z/f/facebook/Bangkok-h-and-t#TOC-GROUP-R...




















Other stuff









Places visited


News

Recent announcements

  • Turtle shaped boat to house 60,000 people Top fastrack index links below image fastrack index FREE QR code reader in thaibis.com search Turtle Boat or link http://bit.do/TurtleBoathouse60000people About source - Pending Saudi Arabia's ...
    Posted 8 Dec 2022, 05:48 by Happi Mess
  • 30 Hilarious awkward Beach Photos Top fastrack index links below image fastrack index FREE QR code reader in thaibis.com searchAwkward beach Photosor linkhttp://bit.do/Hilarious-Beach-Pics-tb Aboutsource ...
    Posted 8 Dec 2022, 15:55 by Happi Mess
  • 21 Actors as Children and Now Top fastrack index links below image fastrack index FREE QR code reader in thaibis.com search Actors Children and now or link  http://bit.do/21-Child-Actors-today About ...
    Posted 17 Nov 2022, 18:53 by Happi Mess
  • 2000 journalists at APEC Bangkok Top fastrack index links below image fastrack index FREE QR code reader in thaibis.com search Apec Bangkok or link  http://bit.do/ApecBangkok2022 About Source More than 2,300 ...
    Posted 17 Nov 2022, 00:51 by Happi Mess
  • Thai transgender buys Miss Universe org $31 million Top fastrack index links below image fastrack index FREE QR code reader in thaibis.com search Miss Universe or link  https://lnkd.in/gfhxav7K About Source Thai transgender activist buys ...
    Posted 30 Oct 2022, 22:56 by Happi Mess
Showing posts 1 - 5 of 323. View more »








Comments