Thai Airways International Public Company Limited is the flag carrier airline of Thailand, providing passenger, cargo, and mail transportation on scheduled and chartered flights to domestic and international destinations. The company also offers related services such as ground handling, catering, and aircraft maintenance. It is headquartered in Bangkok, Thailand, and was founded in 1960.
We raise our 2026E core profit forecast by 1% to align with the company’s targets of 5% ASK growth and an 18% operating margin, while lowering the...