Bangkok Airways posts operating profit of Bt792 million

Bangkok Airways posted an operating profit of around Bt792 million, swinging from the Bt440 million loss in the year-ago period, while the airline closed the June quarter with a net profit of close to Bt670 million, reversing the Bt848 million loss last year. The airline reported a 97% jump in revenues to Bt4.96 billion, outpacing a 31% increase in expenses to Bt4.2 billion. Bangkok Airways carried 913,000 passengers during the quarter, a 71% increase year on year. The airline hinted at China reopening as the major factor behind its profit and anticipates the demand to pick up as the country’s