Thai Airways Q3 2026 Loss of 418 Million Baht Due to Fuel Costs

Matichon•Economy•1h ago

Reader Briefing

Thai Airways reported a net loss of 418 million baht in the third quarter of 2026 primarily due to surging fuel costs.

•Thai Airways announced its Q3 2026 performance on November 13.
•The company recorded a net loss of 418 million baht in Q3 2026.
•Total revenue for Q3 2026 reached 50,128 million baht, a 12.9% increase from the previous year.
•Average fuel prices increased by 59.8% compared to the same period last year.

•Thai Airways announced its Q3 2026 operating results on November 13.
•Thai Airways earned 50,128 million baht in total revenue (excluding one-time items) in Q3 2026, an increase of 5,730 million baht or 12.9% year-on-year.
•Total expenses for Thai Airways in Q3 2026 rose 29.1% year-on-year because fuel prices increased by an average of 59.8%.
•Thai Airways reported a net loss of 418 million baht for Q3 2026, with an EBITDA of 7,475 million baht.
•One-time expenses of 1,126 million baht for Thai Airways were mainly caused by floods, net foreign exchange losses, and gains from derivative valuations.
•As of September 30, 2026, Thai Airways operated 91 aircraft and held cash and cash equivalents totaling 135,487 million baht.
•Thai Airways reported a net profit of 11,226 million baht for the first 9 months of 2026, though this is a decrease from the 26,394 million baht profit in the same period last year.
•Thai Airways noted that advance bookings remain in a good range for the final travel season of 2026.

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Thai Airways International Public Company Limited(บริษัท การบินไทย จำกัด (มหาชน))ℹ️

An airline company that reported a net loss of 418 million baht in Q3 2026.

Reader Briefing

Thai Airways reported a net loss of 418 million baht in the third quarter of 2026 primarily due to surging fuel costs.

•Thai Airways announced its Q3 2026 performance on November 13.

•The company recorded a net loss of 418 million baht in Q3 2026.

•Total revenue for Q3 2026 reached 50,128 million baht, a 12.9% increase from the previous year.

•Average fuel prices increased by 59.8% compared to the same period last year.

•Thai Airways announced its Q3 2026 operating results on November 13.
•Thai Airways earned 50,128 million baht in total revenue (excluding one-time items) in Q3 2026, an increase of 5,730 million baht or 12.9% year-on-year.
•Total expenses for Thai Airways in Q3 2026 rose 29.1% year-on-year because fuel prices increased by an average of 59.8%.
•Thai Airways reported a net loss of 418 million baht for Q3 2026, with an EBITDA of 7,475 million baht.
•One-time expenses of 1,126 million baht for Thai Airways were mainly caused by floods, net foreign exchange losses, and gains from derivative valuations.
•As of September 30, 2026, Thai Airways operated 91 aircraft and held cash and cash equivalents totaling 135,487 million baht.
•Thai Airways reported a net profit of 11,226 million baht for the first 9 months of 2026, though this is a decrease from the 26,394 million baht profit in the same period last year.
•Thai Airways noted that advance bookings remain in a good range for the final travel season of 2026.