BANGKOK, 13 August 2025: A robust flight expansion on key high-demand routes such as Shanghai, Hong Kong, and Denpasar delivered a healthy financial performance for Thai Airways International PCL during the second quarter of 2025.\u00a0<\/p>\n\n\n\n
Total revenue during Q2 closed with THB44,828 million, a 1.9% increase from THB43,981 million during Q2 2024.<\/p>\n\n\n\n
Passengers carried in Q2 2025 reached 3.97 million, up 4.2 % year-on-year, with an average cabin factor rising to 77.0% from 73.2% during the same period last year. This improvement reflects the company\u2019s ongoing route network optimisation and expanded codeshare partnerships.<\/p>\n\n\n\n
Operating expenses amounted to THB34,648 million, a 9% decrease from Q2 2024, primarily due to lower average jet fuel prices, despite the airline experiencing higher fuel consumption as flights increased. <\/p>\n\n\n\n
Other contributing factors included lower maintenance costs and other operational efficiencies. <\/p>\n\n\n\n
THAI reported an operating profit before finance costs of THB10,180 million, an increase of 71.8% from THB5,925 million in Q2 2024, with an EBIT margin of 22.7%.<\/p>\n\n\n\n
THAI and its subsidiaries\u2019 financial costs, recognised by THAI Financial Reporting Standard 9 (TFRS9), were THB3,392 million, a decrease of THB1,404 million from the same period last year. <\/p>\n\n\n\n
One-time gain items net amounted to THB5,347 million, primarily driven by accounting adjustments related to the transition from lease to ownership of four Boeing 777-300ER aircraft. As a result, the company reported a net profit of THB12,134 million in Q2 2025, up from THB314 million a year earlier. EBITDA stood at THB13,408 million.<\/p>\n\n\n\n
As of 30 June 2025, THAI operated 78 aircraft. For the first half of 2025, THAI achieved revenue of THB96,452 million, an increase of 7.2% compared to the same period last year. <\/p>\n\n\n\n
Average aircraft utilisation was 13.6 hours per day. Available seat kilometres (ASK) rose to 35,281 million, up 15.2%, and revenue passenger kilometres (RPK) increased by 18.3% to 28,297 million. <\/p>\n\n\n\n
The average cabin factor improved to 80.2% from 78.1%, and the total number of passengers reached 8.30 million, an increase of 0.62 million or 8.1%. <\/p>\n\n\n\n
Operating expenses totalled THB71,863 million, a 1.5% reduction year-on-year. Operating profit before finance costs was THB24,589 million, with finance costs under TFRS 9 totalling THB6,873 million. Net one-time items contributed income of THB4,259 million. This led to a net profit of THB21,973 million, up 702.5% from THB2,738 million in the same period last year. EBITDA stood at THB30,887 million.<\/p>\n\n\n\n
As of 30 June 2025, THAI\u2019s assets stood at THB297,691 million, increasing by THB5,183 million from 31 December 2024. Total liabilities stood at THB230,134 million, a decrease of THB16,785 million from 31 December 2024. Shareholders\u2019 equity reached THB67,557 million, increasing by THB21,968 million from 31 December 2024. <\/p>\n\n\n\n
Cash equivalents and other current financial assets as of 30 June 2025 totalled THB120,010 million, representing an increase of THB5,021 million from 31 December 2024.<\/p>\n\n\n\n
On 4 August 2025, THAI officially re-listed and resumed trading on the Stock Exchange of Thailand, marking a significant milestone following the company\u2019s successful business rehabilitation. <\/p>\n\n\n\n
During the first four trading days post-relisting, THAI shares recorded an average daily trading value of approximately THB4,400 million. As of 7 August 2025, the stock closed at THB13.40 per share, reflecting an increase of 27.6% from the opening price of THB10.50 on 4 August.<\/p>\n\n\n\n
*All financials reported exclude one-time items unless otherwise stated.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":" BANGKOK, 13 August 2025: A robust flight expansion on key high-demand routes such as Shanghai, Hong Kong, and Denpasar delivered a healthy financial performance for Thai Airways International PCL during the second quarter of 2025.\u00a0 Total revenue during Q2 closed with THB44,828 million, a 1.9% increase from THB43,981 million during Q2 2024. Passengers carried in […]<\/p>\n","protected":false},"author":22,"featured_media":223241,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[469,8],"tags":[],"class_list":{"0":"post-254939","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-airlines","8":"category-thailand"},"yoast_head":"\n