Thai Airways lowers Q3 loss
Thai Airways announced a smaller net loss of 1.59b baht (US$45m) in its third quarter. The loss was an improvement from the 9.89b baht loss in the same period last year. Operating revenue for the period was down slightly at 43.27b. Costs were down 6.4% to 45.62b baht on a fuel bill down 33%. Thai Airways is part through a transformation plan to return it to a position of sustained profitability.<br/>
https://portal.staralliance.com/cms/news/hot-topics/2016-11-14/star/thai-airways-lowers-q3-loss
https://portal.staralliance.com/cms/logo.png
Thai Airways lowers Q3 loss
Thai Airways announced a smaller net loss of 1.59b baht (US$45m) in its third quarter. The loss was an improvement from the 9.89b baht loss in the same period last year. Operating revenue for the period was down slightly at 43.27b. Costs were down 6.4% to 45.62b baht on a fuel bill down 33%. Thai Airways is part through a transformation plan to return it to a position of sustained profitability.<br/>
