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Thai Airways International PCL
In the news
Financials
Income Statement
Revenue
Net income
(THB) | Sep 2024info | Y/Y change |
---|---|---|
Revenue | 44.51B | 22.04% |
Operating expense | 9.91B | 45.88% |
Net income | 12.48B | 711.58% |
Net profit margin | 28.03 | 564.22% |
Earnings per share | — | — |
EBITDA | 5.44B | -32.69% |
Effective tax rate | -0.01% | — |
Balance Sheet
Total assets
Total liabilities
(THB) | Sep 2024info | Y/Y change |
---|---|---|
Cash and short-term investments | 82.59B | 54.10% |
Total assets | 263.74B | 12.57% |
Total liabilities | 291.68B | 0.93% |
Total equity | -27.94B | — |
Shares outstanding | 2.18B | — |
Price to book | -0.26 | — |
Return on assets | 4.03% | — |
Return on capital | 7.54% | — |
Cash Flow
Net change in cash
(THB) | Sep 2024info | Y/Y change |
---|---|---|
Net income | 12.48B | 711.58% |
Cash from operations | 14.21B | 20.17% |
Cash from investing | -1.02B | 86.41% |
Cash from financing | -5.16B | -136.66% |
Net change in cash | 3.53B | 44.49% |
Free cash flow | 2.44B | 216.44% |
About
Thai Airways International plc is the flag carrier airline of Thailand. Formed in 1961 as a joint venture between SAS and Thai Airways Company, the airline has its corporate headquarters in Vibhavadi Rangsit Road, Chatuchak district, Bangkok, and primarily operates from Suvarnabhumi Airport. THAI is a founding member of the Star Alliance. The airline is the second-largest shareholder of the low-cost carrier Nok Air with a 8.91 per cent stake, and it launched a regional carrier under the name Thai Smile in the middle of 2012 using new Airbus A320 aircraft. In 2023, it was announced that Thai Smile would be merged back into Thai Airways.
Operating from its primary hub at Bangkok's Suvarnabhumi Airport, THAI currently serves 51 international and 10 domestic destinations using a fleet of 79 aircraft consisting of wide-body and narrow-body aircraft from both Boeing and Airbus with 89 aircraft on order as of October 2024, with plans to increase its fleet to 143 aircraft by 2029. Currently THAI's route network is dominated by flights to cities in Europe, Asia and Oceania flying to 30 countries as of August 2024 including 9 domestic routes. Wikipedia
CEO
Founded
Mar 29, 1960
Website
Employees
10,640