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Bangkok Post

Business

Surging fuel costs dent airlines' performance

Thai AirAsia Bangkok Airways

Thai AirAsia reports net loss in the second quarter, largely due to surging fuel prices. (Chanat Katanyu)

Despite growing revenue in the second quarter, surging fuel costs of 43-49% contributed to an operating loss of 2 billion baht for Thai AirAsia and a 39.3% decline in operating profit for Bangkok Airways.

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