Skip to Content

Thai Airways International PCL Shs Foreign Registered TAWNF

Rating as of

Morningstar’s Analysis

Valuation
Currency in USD
Is it the right time to buy or sell?
Find out with Morningstar Premium
Is it the right time to buy or sell?
Find out with Morningstar Premium

1-Star Price

PREMIUM

5-Star Price

PREMIUM

Economic Moat

PREMIUM

About Quantitative Ratings

Morningstar Quantitative ratings for equities (denoted on this page by) are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies withratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating. Click here for more on how to use these ratings.

Company Profile

Business Description

Thai Airways International PCL is a state-owned enterprise (Thailand) operating domestic, regional, and intercontinental flights. The company has three main businesses: air transport (majority of total revenue), business units, and support services. The air transport business focuses on transportation of passengers, cargo, and mail. It utilizes scheduled and chartered flights to domestic and international destinations. The business units segment works to ensure all flights reach their destination on time and at the correct location. Additionally, it offers support with cargo terminal handling, group equipment services, and catering services. The majority of revenue originates outside of Thailand, with the biggest source coming from Europe.

Contact
89 Vibhavadee Rungsit Road, Chom Phon
Bangkok, 10900, Thailand
T +66 25451000
Sector Industrials
Industry Airlines
Most Recent Earnings Dec 31, 2020
Fiscal Year End Dec 31, 2021
Stock Type
Employees 25,323