Thai Airways International reported a net profit of 1.528 billion baht for the second quarter of 2026, down 87.4 percent from the same period last year, as jet fuel prices surged 104.6 percent due to unrest in the Middle East. Passenger numbers fell 7.8 percent and the passenger load factor declined to 71.5 percent. For the first half, the company posted a net profit of 11.645 billion baht, a decrease of 47.1 percent, with cash and current financial assets totaling over 123 billion baht to support operations in the second half.
Thai Airways International Public Company LimitedJet fuel prices surged 104.6% due to Middle East unrest, driving profit down 87.4%.
