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Thai AirAsia returned to profit in interim 2025
August 18th 2025
Asia Aviation Public Company (AAV), parent of LCC, Thai AirAsia (TAA), has reported a net profit of 1.6 billion baht (US$49 million) for the six months to June 30 compared with a net loss of 325 million baht in the same months in 2024. Read More » AAV and TAA CEO, Santisuk Klongchaiya, said global economic uncertainty weighed on overall demand and described the recovery in international visitors to Thailand as fragmented. "In view of the gradual inbound recovery, TAA is taking measured steps for growth. It is reducing capacity on underperforming routes while shifting focus to domestic travel and high potential fifth freedom routes," Santisuk said. "Looking to the second half, we remain agile and ready to respond strategically to heightened competition from airlines and tourism-driven national policies across the region. It is expected second half profitability will be similar to the first half." The TAA fleet is planned to expand to 64 aircraft by December against 62 jets at present. The latest fleet guidance differs from TAA’s previous plan of operating 66 aircraft by year end.