Asia Aviation Public Company has announced that first quarter operating profit for its subsidiary Thai Airasia has fallen 46% to Bt1.1 billion (approximately $34.7 million). Expenses for the group in the first three months of 2019 rose 10% to Bt10.5 billion – which had a negative impact on net profit which fell 50% to Bt497million – which the company has blamed on rising fuel costs. The carrier’s CASK stood at Bt1.53 due to a 10% increase in ASKs and a longer average stage length. Meanwhile, RPKs grew 9%, while load factor stood at 91%. The airline also stated it plans to add
This content is restricted to site members.
If you are an existing user, please login below.
New users may register below.