Thai Airways International’s second-quarter net profit fell sharply to 1.54 billion baht from 12.13 billion baht a year earlier, as higher fuel costs and uncertainty linked to Middle East conditions pressured earnings at the Bangkok-based carrier. EBITDA for the quarter was 8.18 billion baht.
The result underscores the earnings strain facing regional airlines in a volatile operating environment, with fuel remaining a key cost driver. Thai Airways’ weaker quarterly performance comes amid broader industry concern over Middle East-related disruption and its effect on network planning, yields and operating expenses.
The profit decline is a marked reversal from the same period last year and signals that the carrier’s recovery remains vulnerable to external shocks. For investors and suppliers, the numbers provide a fresh read-through on how quickly geopolitical developments and fuel-market moves can affect airline profitability in Asia.