THAI sees aviation recovery in H2 despite fuel uptick
AI Summary
Thai Airways International is projected to see financial recovery in the second half of the year despite rising jet fuel prices due to US-Iran tensions. Newly approved tourism stimulus programs should aid the aviation sector's rebound.
The financial results of Thai Airways International (THAI) are expected to bottom out in the second quarter, while recently approved tourism stimulus efforts should help airlines in the second half even as renewed US-Iran tensions cause jet fuel prices to rise, say analysts.