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Thai's profits drop in 1Q2011 as oil prices and external factors affect demand

13-May-2011

Thai Airways International is starting to feel the string of rising fuel costs and weaker load factors. The carrier has reported a 24% drop in profit before foreign currency exchange losses and tax for 1Q2011 to THB4.112 billion (USD136 million). [783 words]

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Graphs and data:

  • Thai Airways transportation revenue breakdown by region: 1Q2010
  • Thai Airways transportation revenue breakdown by region: 1Q2011
  • Thai Airways 2011 assumptions
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