Thai Airline Giant AAV Posts 3.8 Billion Baht Loss in 9 Months Due to Soaring Fuel Costs, Hopes for Q4 Recovery
Asia Aviation (AAV), a major low-cost carrier in Thailand, reported a net loss of 3.8 billion baht for the nine months ending September 2026, primarily driven by surging fuel prices. The company is pinning its hopes on the upcoming fourth-quarter peak tourist season to boost sales and recover profitability.
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