Thai Airways Expects Recovery in Second Half Despite Fuel Costs
Thai Airways expects to recover in the second half of the year as tourism stimulus measures take effect, though rising jet fuel costs from US-Iran tensions pose an ongoing challenge.
BANGKOK: The financial results of Thai Airways International (THAI) are expected to bottom out in the second quarter, while recently approved tourism stimulus efforts should help airlines in the second half even as renewed US-Iran tensions cause jet fuel prices to rise, say analysts.