Thai airways the biggest of the country of Thailand have reported a drop in the profit of fourth quarter in the net profit. There is decline of sixty seven percent in the recent fourth Quarter of the company profit which is sad news as announced by the airlines. The report which has been published on Friday is going to hit all the wages and other foreign exchange gains.
The net profit of October-December for the national carrier was a heavy amount as compared to the profit of the previous year. This profit has been driven and taken to the market by a large foreign exchange rates and a large gain profit in the third Quarter of the business and management.
The profit figure of twenty thousand and ten was slightly lower than the profit which has been forecasted and compared to the net profit of huge amount in the passing year of two thousand and nine.
The national carrier and treasure has been benefited from higher passengers yield this year because of the recovery in the travel and tourism sector. The fuel charges which are additional charges must be suppressed by this.
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