Shares of Thai Airways International, or THAI, fell 4.13% to 5.80 baht at 11:01 a.m. on September 30, 2026, amid concerns over service problems at Suvarnabhumi Airport affecting passenger flights, baggage handling, and the air cargo business. About 5,600 passenger bags remain stranded after flooding in Bangkok and surrounding provinces disrupted the travel of ground staff, slowing sorting and transport. The company aims to clear the backlog of baggage within 72 hours. Reuters reported that Thai Airways had to cut flights departing Bangkok by about 30% because of a staffing shortage, and announced cancellations on several domestic and international routes between September 29 and October 1, 2026, with a total of 37 additional flights cancelled, following earlier cancellations on some routes between September 29 and 30 covering Bangkok to New Delhi, Singapore, Kuala Lumpur, Frankfurt, Munich, and Brussels. Meanwhile, Thai Airways' cargo operations suspended inbound, outbound, and transshipment cargo at its cargo terminal at Suvarnabhumi Airport between October 1 and 6, 2026, after flooding affected staffing and left large amounts of cargo stranded. There is currently no information from the company or from securities firm research assessing the damage or the impact on profit forecasts officially. Today's weakness in THAI shares should therefore be interpreted as pressure from market concerns over short-term operational and revenue effects rather than a reflection of a clearly quantifiable financial impact.
Thai Airways International Public Company LimitedFlooding-driven staffing shortage forced Thai Airways to cancel 37 flights and suspend cargo operations, disrupting capacity and service.
