Shares of Thai Airways International, or THAI, rebounded sharply by 5.36% to 5.90 baht, with a trading value of 739 million baht. On 4 August 2026, the second lock-up period for shares issued from debt-to-equity conversion will expire, allowing creditors to sell approximately 19 billion shares they hold. Meanwhile, UOB Kay Hian Securities expects THAI to report a net profit of 2.27 billion baht for the second quarter of 2026, down 81.3% year-on-year and 77.5% quarter-on-quarter, due to higher jet fuel costs. However, it anticipates an improvement in performance in the third quarter of 2026, and has upgraded its recommendation to buy with a new target price of 6.80 baht, up from 6.20 baht.
Thai Airways International Public Company LimitedLock-up expiry allows creditors to sell shares, but analyst upgrade and Q3 improvement expectations offset.