Thai Airways (THAI) is targeting 200 billion baht in full-year revenue while safeguarding cash reserves above 120 billion baht. To manage fuel-price volatility triggered by Middle East instability, the airline has hedged 40–50% of remaining 2026 fuel needs. The carrier is simultaneously expanding aggressively across Asia—targeting China, India, and Vietnam—by increasing flight frequency and deploying new Airbus A321neo aircraft (9 currently in service, ramping to 15 by year-end) and refurbished Boeing 787s. Management sees low-cost carrier supply-chain troubles as an opening to capture market share.