AAV Reports Q2/69 Loss of 2.32 Billion Baht, Adjusts Fares and Reduces Seats Amid 124% Fuel Price Surge
Thai low-cost carrier AAV announced a net loss of 2.32 billion baht for the second quarter of fiscal year 2026. The company plans to counter the severe impact of a 124% surge in oil prices by increasing ticket fares and reducing seat capacity.
This article requires PRO
This article is outside the free access window or is a special report. PRO unlocks it and the full archive.
Related articles
- Thai Fitness Industry Faces Intensified Competition with New Facility Opening
Fitness First, a major fitness chain in Thailand, is set to open its new facility, 'Central Northville,' on October 16th. This opening is expected to intensify competition within Thailand's fitness market.
- GMM MUSIC Reports Over 2.16 Billion Baht in First-Half Revenue, Up 12.2%
GMM MUSIC, a major Thai entertainment conglomerate, announced its first-half revenue reached 2.1612 billion baht, marking a 12.2% increase year-on-year, indicating the success of its growth strategies.
- World Bank Lifts Thailand's 2026 Growth Forecast to 2%, Cautions on AI Adoption and Climate Risks
The World Bank has raised Thailand's 2026 growth forecast to 2.0% due to strong AI-related exports. However, it warns that slow domestic AI adoption and climate change-induced flood risks pose potential constraints to growth.
- ICONSIAM Launches 'J-Licious' Event to Capitalize on Healthy Vegetarian Food Trend
ICONSIAM in Bangkok is hosting a vegetarian food event called 'J-Licious' from October 8-18. Featuring dishes from renowned restaurants and regional specialties, the event aims to tap into the growing health-conscious trend, offering a culinary experience that satisfies both appetite and spiritual fulfillment.