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Thai Airways rides Asia's travel reopening back to profit

Carrier to add more flights to China, Japan as it eyes exit from restructuring

A Thai Airways plane at Tokyo's Narita Airport. The airline plans to increase flights to Japan this year. (Photo by Konosuke Urata)

BANGKOK -- Thai Airways International's operating profit swung back to the black in 2022, the carrier reported Friday, as passenger revenue recovered thanks to the easing of coronavirus restrictions.

Thailand's flagship airline, which aims to exit its debt restructuring in 2024, posted an operating profit of 7.7 billion baht ($220 million) for the year, rebounding from a year-earlier loss of 19.7 billion baht.

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