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Run on Thai Airways shares expected as investors plan major sell off on Thursday as rising fuel costs force route cuts

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Thai Airways faces a crucial test as 565 million shares worth ฿3.39 billion go on sale at a discount while soaring fuel costs force route cuts across Asia. ( Source: Siam Rath )

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### THAI faces a major test as 565 million shares worth ฿3.39 billion go on sale at a discount on Thursday. The move comes as soaring jet fuel costs force Thai airlines to slash routes across Asia, raising fresh questions over profits, demand and investor confidence.

Thai Airways International Plc faces a critical market test on Thursday as institutional shareholders prepare to sell nearly 565 million shares worth about ฿3.39 billion at a discount, according to Bloomberg News.

Thai Airways International Plc (THAI) faces a pivotal market test on Thursday after Bloomberg News reported that institutional shareholders will sell nearly 565 million shares at a discount. The planned disposal comes as Thailand’s aviation industry confronts rising fuel costs, shrinking margins and widespread route reductions.

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