Thai Airways Q3 2026 Net Loss of 418 Million Baht

Thansettakij•Economy•1h ago

Reader Briefing

Thai Airways reported a net loss of 418 million baht for the third quarter of 2026 primarily due to flood-related impacts and rising fuel costs.

•Thai Airways reported a net loss of 418 million baht for Q3 2026.
•Total revenue for Q3 2026 (excluding one-time items) was 50,128 million baht, a 12.9% increase from the previous year.
•Total expenses for Q3 2026 (excluding one-time items) rose by 29.1% to 46,286 million baht.
•The company reported a net profit of 11,226 million baht for the first 9 months of 2026.

•Thai Airways announced its Q3 2026 performance results on November 12, 2026.
•Thai Airways recorded total revenue of 50,128 million baht in Q3 2026, with 3.97 million passengers and a cabin factor of 76.5%.
•Total expenses for Thai Airways increased by 29.1% in Q3 2026 because average fuel prices rose by 59.8% compared to the same period last year.
•Thai Airways suffered a net loss of 418 million baht in Q3 2026 due to floods, net foreign exchange losses, and derivative valuation gains.
•As of September 30, 2026, Thai Airways operated 91 aircraft and held cash and cash equivalents including other current financial assets totaling 135,487 million baht.
•For the first 9 months of 2026, Thai Airways recorded total revenue of 149,779 million baht and a net profit of 11,226 million baht.
•Thai Airways reported total assets of 355,165 million baht and total liabilities of 272,590 million baht as of September 30, 2026.
•Thai Airways noted that advance bookings are in good condition, reflecting continuous travel demand for the final tourist season of 2026.

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

A public company (THAI) that provides air transportation services.