Thai Airways, or THAI, sees the liquidity crisis among low-cost carriers as an opportunity to step into routes where flights have been reduced. Mr. Chai Eamsiri, Chief Executive Officer of Thai Airways International Public Company Limited, disclosed that as of the end of the second quarter of 2026 through the present, the company has cash flow of more than 120 billion baht and has already hedged more than 40% of its fuel price exposure for its requirements throughout the second half of 2026. The company will rotate existing aircraft and refurbished aircraft it has taken on, such as the B787 and A321, to compensate on these routes, while increasing frequency and adding new cities in the Asian region, including India, China, and Vietnam. In particular, on China routes it will increase direct flight frequency to Shanghai, Beijing, and Guangzhou to 14 flights per week per route, and will resume the Bangkok–Xiamen route with 4 flights per week, and add a new route, Bangkok–Da Nang, with 14 flights per week, starting 1 December 2026. For the winter flight schedule of 2026/2027, between 25 October 2026 and 27 March 2027, Thai Airways will operate a total of 66 routes, covering both international and domestic services, increasing frequency on the Bangkok–Munich route to 10 flights per week, Bangkok–Zurich to 11 flights per week, and Bangkok–Paris to 14 flights per week. Meanwhile, for the CLMV countries, it will increase the Bangkok–Vientiane and Bangkok–Yangon routes to 21 flights per week per route. Yuanta Securities (Thailand) Company Limited stated in an analysis that it expects revenue for the third quarter of 2026 to recover both quarter-on-quarter and year-on-year, in line with the recovery in load factor, and maintained its Buy recommendation with a fair value at the end of 2027 of 8 baht.
Thai Airways International Public Company LimitedLow-cost carriers cutting flights lets Thai Airways step into reduced routes and add new services (Bangkok–Da Nang, more China/Europe frequencies), lifting its own traffic and load factor.
