Thai Airways International (THAI) Public Company Limited and Bangkok Airways Public Company Limited reported a surge in first-quarter earnings as tourists flocked back to Thailand.
Thai Air posted net income of 12.51 billion baht (US$370 million) in the three months through March, rebounding from a net loss of 3.25 billion baht a year earlier. Bangkok Airways’ net income was 875 million baht versus a net loss of 1.02 billion baht in the same quarter last year.
