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Wednesday, May 15, 2024

Thai Airways reveals rising revenue in third-quarter results this year

Photo courtesy of Pattaya Mail

Thai Airways International Public Company Limited and its subsidiaries announced their third-quarter performance results today, showing a total revenue of 37,008 million baht.

This is an increase from the same period last year, which stood at 32,860 million baht, marking a rise of 12.6%. The company and its subsidiaries transported a total of 3.27 million passengers, with Thai Airways accounting for 2.19 million, and Thai Smile for 1.08 million. The average Cabin Factor was 77.3%, similar to the same period last year, which averaged 77%.

The company and its subsidiaries had a total expenditure (excluding one-time occurrences) of 29,289 million baht, slightly higher than the previous year’s 28,940 million baht. This increase was mainly due to the variable costs associated with increased production and transportation volumes. The most significant…

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