Thai Airways second-quarter profit shrinks on fuel cost pressures

Thai Airways International reported a significant drop in quarterly profits for the period ending June 30th, citing increased fuel costs as the primary driver of this decline. Despite reducing operations during April through June, passenger revenues experienced year-over-year growth at the airline. The Star Alliance carrier issued a warning regarding ongoing uncertainty within the Middle East region, identifying it as a key risk factor. This downturn reflects broader challenges facing international airlines due to volatile global energy markets and geopolitical instability. Thai Airways continues to navigate these pressures while maintaining its position within the competitive aviation landscape.