BANGKOK -- Higher energy costs due to the Russia-Ukraine war dragged Thai Airways International to a net loss in the first three months of 2022 despite its rehabilitation efforts and the recent recovery of its aviation business.
Transportation
Thai Airways dragged to $93m first-quarter loss by expensive fuel
Aviation business recovering but hurt by Ukraine war, China's zero-COVID policy
Higher fuel prices due to the Russia-Ukraine war weighed on the performance of Thai Airways in the first quarter. © Reuters
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