Singapore Airlines extends gains, Thai Airways soars, Qantas dips – Share Wrap

Thai Airways' shares recovered losses earlier in the week with a 10.3% spurt yesterday, as the airline made the (surprise) announcement of the commencement of five times weekly Bangkok-Oslo service from 15-Jun-09. Perhaps Oslo was the best of a bad range of options for Thai to deploy its fleet of four unwanted A340-500s? The aircraft have mainly been on the ground since Thai pulled heavily loss-making non-stop services to New York late last year. Thai can't find a buyer for the aircraft.