Thai Airways reduces Q2 loss
THAI reported a smaller net loss in Q2, on lower jet fuel costs. THAI made a net loss of 2.92b baht for Q2, down from a 12.76b loss in the same period last year. Revenue for the period was 41.2b, down 1.3% from the previous year. THAI is into the second phase of a transformation plan to return it to a position of sustained profitability.<br/>
https://portal.staralliance.com/cms/news/hot-topics/2016-08-16/star/thai-airways-reduces-q2-loss
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Thai Airways reduces Q2 loss
THAI reported a smaller net loss in Q2, on lower jet fuel costs. THAI made a net loss of 2.92b baht for Q2, down from a 12.76b loss in the same period last year. Revenue for the period was 41.2b, down 1.3% from the previous year. THAI is into the second phase of a transformation plan to return it to a position of sustained profitability.<br/>
