Due to a more favourable environment, THAI AIRWAYS INTL. slightly increases to Slightly Negative
THAI AIRWAYS INTL. (TH), a company active in the Airlines industry, slightly increases its general evaluation. The independent financial analyst theScreener just confirmed the stock market behaviour of the title as risky. At the fundamental level, theScreener confirms the rating of 0 out of 4 stars; given the more favourable environment, the title's overall rating is upgraded to Slightly Negative even if it remains under pressure. As of the analysis date July 24, 2020, the closing price was THB 3.04 and its target price was estimated at THB 2.35.Thai Airways International Public Co. is engaged in the operation of airline business and business units which concern directly with transportation. Co. has three segments: air transportation activities, which composed of passenger, freight, and mail services; business units, which is related directly to transportation activities that include cargo and mail commercial and catering services; and other activities segment, which includes transportation supporting activities. As at Dec 31 2015, Co. had the routes network servicing to 63 destinations in 30 countries globally, whereas four routes are domestic (excluding Bangkok); and its fleet consisted of a total of 95 aircrafts.
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