Thai Airways International (THAI) Plc’s operating loss narrowed 84% last year after Thailand eased pandemic-related border restrictions and tourists started to come back to the popular Southeast Asia holiday destination.
The national carrier’s operating loss excluding one-time items came in at 4.6 billion baht (US$133 million) in 2022, down from a 29.2 billion baht deficit in 2021, THAI said in an exchange filing Friday.
THAI’s net loss for the period was 252 million baht versus a 55 billion baht profit a year earlier, when the company booked a one-time gain of about 62 billion baht from a debt…
