BANGKOK, 17 November 2022: Bangkok Airways reports an operating loss of THB1,191.4 million for the nine months ending 30 September 2022, according to a statement to the Stock Exchange of Thailand posted on 14 November.<\/p>\n\n\n\n
However, it represented an improvement of THB1,396.1 million or 54% when compared with quarters one to three in 2021 due to a boost in revenue of THB4,649.3 million, up 133.9% over 2021.<\/p>\n\n\n\n
During the nine months of 2022, airline passenger revenue grew by 794.8%, airport business revenue by 622.9% and airport-related business revenue by 63.2%.<\/p>\n\n\n\n
However, expenses increased by 60.3% (THB3,667.6 million), mainly due to escalating fuel use and prices along with aircraft maintenance expenses. The company reported a net loss of THB2,274.5 million, of which the loss attributable to the equity holders was THB2,260.4 million. Loss per share for the period was THB1.08.<\/p>\n\n\n\n
In its executive summary to the SET, the airline reported that during the third quarter of 2022, it increased flights to match growing travel demand on its Bangkok-Samui, Bangkok-Chiang-Mai, Bangkok- Phnom Penh and Samui-Singapore routes.<\/p>\n\n\n\n
It also reinstated routes such as Bangkok-Maldives, Bangkok-Siem-Reap, Bangkok \u2013 Yangon and Bangkok- Danang.<\/p>\n\n\n\n
Additionally, the airline launched new routes from Bangkok to Had-Yai and Samui to Had-Yai in July 2022.<\/p>\n\n\n\n
Flights and passengers for the third quarter of 2022 increased by 910.4% and 2,950.8%, respectively.<\/p>\n\n\n\n
For the nine months of 2022, the airline carried 1.7 million passengers and completed 19,648 flights, up 528.1% and 302.1%, respectively, compared to last year. The overall load factor was 74.2, up by 19.1 percentage points from the previous year.<\/p>\n","protected":false},"excerpt":{"rendered":"
BANGKOK, 17 November 2022: Bangkok Airways reports an operating loss of THB1,191.4 million for the nine months ending 30 September 2022, according to a statement to the Stock Exchange of Thailand posted on 14 November. However, it represented an improvement of THB1,396.1 million or 54% when compared with quarters one to three in 2021 due […]<\/p>\n","protected":false},"author":22,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[469,8],"tags":[],"class_list":{"0":"post-214427","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-airlines","7":"category-thailand"},"yoast_head":"\n