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Byline: Wichit Chantanusornsiri
Nov. 5--Thai Airways International should post profits of at least 10 billion baht next year, following aggressive cost-cutting and initiatives to improve fuel price management this year, according to Finance Minister Thanong Bidaya.
Dr Thanong, who met with THAI executives yesterday, said he was satisfied with the steps taken by management to help improve the national carrier's operations and performance.
THAI reported a loss of 4.7 billion baht for its fiscal third quarter ending June 30, a sharp increase from losses of 913.1 million in the same period in the previous year. Profit in the first nine months of ...