Thai Airways (TAWNF) Stock Takes Off: Turnaround Fuels 2025 Rally and Bullish Forecast
Key facts: Thai Airways officially resumed trading in August 2025 after five years of suspension, sparking a massive share rally Reuters. On its first day back, the stock jumped ~216% intraday Reuters, and continued to climb Nationthailand. The airline emerged from court-supervised restructuring in mid-2025 with about THB190 bn of remaining debt Reuters. Importantly, Thai has reported operating profits every quarter since 2023 Reuters. In Q2 2025, net profit was THB12.13 bn, versus THB0.31 bn a year earlier Nationthailand Nationthailand. Thai has heavy growth plans – it ordered 45 new Boeing 787-9 widebodies Reuters – and aims to double its fleet by 2033. With a leaner cost base and a broadened route network, analysts are forecasting strong earnings.
