BANGKOK, 19 May 2025: Bangkok Airways Plc has released its financial results for the first quarter of 2025, reporting a total revenue of THB7,821.30 million, a slight decrease of 0.1% year-on-year, and a net profit of THB 1,686.1 million, down 10%.
Passengers carried stood at 1.28 million, representing a 2.2% decrease compared to the same period in 2024. The average passenger load factor stood at 81.5%.
Bangkok Airways Plc President Puttipong Prasarttong-Osoth noted that the airline continues focusing on destinations with strong connectivity, particularly routes to and from Samui. During the first quarter, the airline served 1.28 million passengers, representing a slight decline year-on-year due to a drop in domestic and regional routes, which saw a 13.5% decrease. However, the number of passengers travelling to and from Samui increased by 4.7%.
In Q1 2025, the company reported an operating profit of THB2,343.7 million, a 2% decrease from the previous year. Nevertheless, the average ticket price increased due to high demand for Samui-bound flights. At the same time, significant operating costs, namely fuel and aircraft maintenance expenses, decreased year-on-year.
The company reported EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortisation) of THB2,882.4 million and a net profit of THB1,686.1 million for the period, of which THB1,674.9 million was attributable to the equity holders of the company. Earnings per share stood at THB0.80
In its concluding remarks, the company said it remains committed to conducting business with long-term sustainable growth in collaboration with all stakeholders. Environmental, social, and governance (ESG) issues are central to this approach, focusing on addressing climate change. Under the campaign “Low Carbon Skies by Bangkok Airways,” the airline aims to align with global aviation industry targets, including the goal of achieving net zero carbon emissions by 2050.
