Thailand’s flag carrier slips into the red amid fuel cost crisis
Full story
Thai Airways reported a loss in the third quarter due to rising fuel prices. This happened despite a 12.9% increase in revenue. The airline raised fuel surcharges, which led to an increase in average fares.
Higher fuel prices pushed Thai Airways into a third-quarter loss even though revenue grew 12.9%. Average fares rose after the airline raised its fuel surcharges. The story Thailand’s flag carrier slips into the red amid fuel cost crisis as seen on Thaiger News .