Thai Airways International Public Company Limited, or THAI, reported second quarter 2026 results with total revenue of 48.621 billion baht, up 8.5% from the same period last year, and net profit of 1.537 billion baht. Operating profit before finance costs was 3.691 billion baht and EBITDA was 8.182 billion baht. For the first half, total revenue was 99.65 billion baht, up 3.3%, with net profit of 11.645 billion baht. Passenger transport accounted for 83.6% of total revenue, while cargo transport generated more than 9.7 billion baht, nearly 10% of total revenue. As of 30 June 2026, the company had 84 aircraft serving 62 destinations in 28 countries and held the top market share at Suvarnabhumi Airport at 24%. The company aims to increase market share to 35% by 2033 and expects to have 102 aircraft by the end of 2026, rising to 111 in 2027 and 128 in 2028. Under the JUMP+ programme, the company targets 14-15% revenue growth in 2028, while increasing the proportion of fuel price hedging from 50% to 60% and extending the forward hedging period from one year to two years.
Thai Airways International Public Company LimitedReports strong Q2 revenue growth and passenger demand, with plans to expand fleet and market share.
