Thai Airways International Pcl expects revenue to grow 5% this year as it adds new aircraft and expands in key Asian markets, including India and China. The state-controlled carrier targets 200 billion baht ($6.4 billion) revenue in 2026, up from 190 billion baht a year earlier, according to Chief Executive Officer Chai Eamsiri . It plans to increase its operating fleet to about 100 aircraft this ...
Thai Airways International Pcl expects revenue to grow 5% this year as it adds new aircraft and expands in key Asian markets, including India and China. The state-controlled carrier targets 200 billion baht ($6.4 billion) revenue in 2026, up from 190 billion baht a year earlier, according to Chief Executive Officer Chai Eamsiri . It plans to increase its operating fleet to about 100 aircraft this year from 80 at the end of 2025, with additions spanning both narrow-body and wide-body jets. “We are very fortunate to secure delivery of several aircraft this year to meet the robust travel demand in the region,” he told a press briefing in Bangkok on Thursday. “India and China represent enormous market potential given their vast populations.” The additional capacity will allow Thai Airways to increase frequencies and routes to China and India, two of Asia’s fastest-growing travel markets. Air travel demand across the region continues to rise, supported by a rebound in Chinese outbound tourism, growing middle-class incomes in India and Southeast Asia, and steady economic expansion. Airlines including Singapore Airlines Ltd. and Qantas Airways Ltd. have reported rising passenger volumes and solid revenue as international travel rebounds, helping support stronger earnings results. Qantas Posts Record Profit as Fleet Revamp Axes Thirsty Jets Airbus Set to Win Order for 120 Planes from China, Merz Says Singapore Air Profit Jumps, Predicts Sustained Travel Boom Thai Airways posted a full-year net income of 30.9 billion baht in 2025, reversing a net loss of 26.9 billion baht a year earlier. Revenue rose 1.3% to 190 billion baht, indicating a more gradual recovery compared with some regional peers. The carrier has been rebuilding its network and balance sheet after emerging from a court-supervised debt restructuring initiated during the pandemic. Fleet renewal remains central to its turnaround strategy, though the airline has faced challenges securing aircraft deliveries amid gl...
China logged an overall increase in travel during the just-concluded Chinese New Year break compared with last year’s holiday period, but analysts said spending per capita stayed flat. The country saw 596 million domestic trips over the extended public holiday that ended on Monday, a year-on-year increase of 95 million, Xinhua reported. About 17.8 million cross-border trips were logged over the sa...
China logged an overall increase in travel during the just-concluded Chinese New Year break compared with last year’s holiday period, but analysts said spending per capita stayed flat. The country saw 596 million domestic trips over the extended public holiday that ended on Monday, a year-on-year increase of 95 million, Xinhua reported. About 17.8 million cross-border trips were logged over the same period, it added. Chinese New Year is a crucial period for the travel sector as hundreds of...
(RTTNews) - Engie SA (ENGI.PA, ENGIY), on Thursday, signed an agreement to acquire UK Power Networks for an equity value of 10.5 billion pounds, marking a major step in strengthening its position in regulated electricity networks and expanding its footprint in the UK.
(RTTNews) - Engie SA (ENGI.PA, ENGIY), on Thursday, signed an agreement to acquire UK Power Networks for an equity value of 10.5 billion pounds, marking a major step in strengthening its position in regulated electricity networks and expanding its footprint in the UK.
Manchester United midfielder Jess Park has been in brilliant form since her move in the summer - but can she take that into England's upcoming matches?
Manchester United midfielder Jess Park has been in brilliant form since her move in the summer - but can she take that into England's upcoming matches?
"Software is already eating AI" and will continue to do so, according to HSBC, with the bank shrugging off recent market fears about the sector being displaced by artificial intelligence. Software stocks plunged earlier this month as widespread concerns that AI could make software-as-a-service, or SaaS, business models obsolete, sparked a sell-off and warnings of an impending " SaaSpocalypse ." Bu...
"Software is already eating AI" and will continue to do so, according to HSBC, with the bank shrugging off recent market fears about the sector being displaced by artificial intelligence. Software stocks plunged earlier this month as widespread concerns that AI could make software-as-a-service, or SaaS, business models obsolete, sparked a sell-off and warnings of an impending " SaaSpocalypse ." But in a Tuesday note, analysts at HSBC said they do not expect that software will be usurped by AI, and will instead be a major beneficiary of its development. Consumer AI platform developers — like Google parent firm Alphabet , ChatGPT maker OpenAI and startup Anthropic — have little to no experience creating "enterprise class" software and would be "architecting from scratch in unfamiliar highly complex areas," HSBC's team said. Meanwhile, it was not practical, realistic, or economically sound for companies to use AI to develop their own in-house software systems, they added. Even if vibe-coding — developing code using AI prompts — led to the roll-out of better or free software solutions, HSBC said it would still be extremely difficult for these to displace incumbent vendors that run the day-to-day operations of global companies. "Within a full-blown enterprise application, we think AI is destined to be subordinate to the overall software platform," the bank's note said. "We have identified a party that is best suited to use AI to generate software that is better than existing legacy vendors. And, of course, that is the software vendors themselves." Given recent market moves and sentiment among investors, HSBC said building or expanding positions within the software space — prior to a re-rating — "may be timely." "Sector valuations are at historical lows, even though we believe the sector is poised to expand massively and we see strong demand momentum lasting for the foreseeable future," its research team noted. "As profitable as AI has been for the hardware/semiconductor ...
Ford Motor Company (NYSE: F) , General Motors (NYSE: GM) , and Stellantis (NYSE: STLA) certainly have much in common as automakers, especially considering their core profit engine, North America. Despite so much in common, the three stocks have traded wildly differently over the past three years with GM nearly doubling, Ford remaining largely flat with a 9% gain, and Stellantis shedding roughly ha...
Ford Motor Company (NYSE: F) , General Motors (NYSE: GM) , and Stellantis (NYSE: STLA) certainly have much in common as automakers, especially considering their core profit engine, North America. Despite so much in common, the three stocks have traded wildly differently over the past three years with GM nearly doubling, Ford remaining largely flat with a 9% gain, and Stellantis shedding roughly half of its value. Ford's stock price seems stuck in a rut, and one way to help push its value higher is improved profitability, and the fourth quarter gave investors a tiny glimpse of how more profitability is happening. If investors have been listening, there's a growth story for Ford. In fact, Ford just posted record revenue for the full-year 2025 at $187.3 billion, which was its fifth consecutive year of growth. Ford is currently pivoting its sales strategy away from less profitable full-electric vehicles (EVs), waiting for the market to develop before its next push in 2027, and toward historical gasoline-powered SUVs, trucks, and hybrid options which are much more profitable now. In fact, in part thanks to hybrid sales, Ford's U.S. market share moved 0.6 percentage points higher to 13.2%, its best sales performance since 2019. Ford is working on a bottom-line growth story for investors, too. Continue reading
Capital Southwest ( CSWC ) declares $0.1934/share monthly dividend , in line with previous. Payable April 30; for shareholders of record April 15; ex-div April 15. Payable May 29; for shareholders of record May 15; ex-div May 15. Payable June 30; for shareholders of record June 15; ex-div June 15. The company also declared a quarterly supplemental dividend of $0.06 per share with date payable June...
Capital Southwest ( CSWC ) declares $0.1934/share monthly dividend , in line with previous. Payable April 30; for shareholders of record April 15; ex-div April 15. Payable May 29; for shareholders of record May 15; ex-div May 15. Payable June 30; for shareholders of record June 15; ex-div June 15. The company also declared a quarterly supplemental dividend of $0.06 per share with date payable June 30; for shareholders of record June 15; ex-div June 15. See CSWC Dividend Scorecard, Yield Chart, & Dividend Growth. More on Capital Southwest Capital Southwest: I Went To Dallas For This Safe 11% Dividend Yield Paid Monthly Capital Southwest: The One BDC I'd Bet My Dividend On Capital Southwest Vs. Fidus Investment: Internally Managed Quality Trumps The Discount Capital Southwest outlines low to mid-teens equity return target for new joint venture while advancing disciplined portfolio growth Capital Southwest Q3 earnings highlighted by originations activity
(RTTNews) - Atlas Arteria Ltd. (ALX.AX, MAQAF), an operator of private toll roads, reported Thursday lower profit in fiscal 2025, while Proportional EBITDA and revenues increased from last year.
(RTTNews) - Atlas Arteria Ltd. (ALX.AX, MAQAF), an operator of private toll roads, reported Thursday lower profit in fiscal 2025, while Proportional EBITDA and revenues increased from last year.