Thai Airways capacity growth to slow on jet engine shortage
Engine overhauls for the carrier’s Rolls-Royce-powered Airbus A350s will take six months, rather than the usual three
[BANGKOK] Thai Airways International says a shortage of aircraft engines is hampering its expansion, with seat capacity growth set to slow in 2026.
The airline will cap capacity growth at 4 per cent in 2026, chief executive officer Chai Eamsiri said in an interview. That is down from 10 per cent in 2025.
Engine overhauls for the carrier’s Rolls-Royce-powered Airbus A350s will take six months, rather than the usual three.
The engine delays are part of a broader industry stress, which other operators are facing, Chai said.
Meanwhile, the Thai carrier said on Friday (Nov 14) that third-quarter net income tumbled 65 per cent to 4.4 billion baht (S$176.8 million), as revenue dropped 4 per cent.
Chai attributed the sharp fall in profit to foreign exchange gains in the year-earlier period, that did not occur in the latest quarter.
Shares fell as much as 4.4 per cent, to the lowest intraday level since Aug 4. BLOOMBERG
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Share with us your feedback on BT's products and services
TRENDING NOW
Jumbo Seafood to close flagship East Coast Seafood Centre outlet on Sep 30
Shanda co-founder sells Tanglin Hill bungalow for S$76 million
Singapore developer in limbo after Timor-Leste scraps major township project
Trek 2000 shares jump 41.5% after Osim founder Ron Sim drops claims, sells 7.3% stake to Azure Capital