Thai Airways International Plc. (THAI): Increasing Risks Due To Delays In Fleet Expansion
We cut 2025–27E core profit forecasts due to lower ASKs from delayed wide-body aircraft leases, along with softer load factors and passenger yields.
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THAI AIRWAYS INTERNATIONAL Plc. (THAI): 3Q25 Earnings Up QoQ...
We maintain an Outperform call with a 2026E FV of Bt13.60 (8.1% required return), supported by 49% upside to current valuation.
327 Views
THAI AIRWAYS INTERNATIONAL Plc. (THAI): 3Q25E Profit Likely In Line...
We upgrade to Outperform (from Underperform) while keeping the 2026 target price at Bt13.60, based on an 8.1% required return.
422 Views
THAI AIRWAYS INTERNATIONAL Plc. (THAI): Higher Profit Reflects Stronger Baht And Upbeat
With the upward revision of our 2025–27E core profit estimates, we raise our fair value to Bt13.60, based on the same required return of 8.1%, and...
181 Views
Thai Airways International - Share Price Still Highly Volatile Due to Low Free Float
Although 2Q25 core profit grew strongly YoY, we expect 3Q25E core profit to rise YoY from a low base but potentially decline QoQ due to higher QTD...
350 Views