Bangkok Airways Reports Earnings

Bangkok Airways, a Thai regional carrier, published a report covering its financial performance in the first six months of 2019. For the period between January and June, the airline’s total revenue declined 1.4% year-on-year to approximately $450 million USD. It reported a net loss of roughly $6 million. The company carried 3.018 million passengers on about 36,000 flights. Its passenger load factors averaged 70.1%.

The report cites a stronger Thai Baht and a tepid tourism market as two significant financial stresses. At the Skytrax World Airline Awards earlier this year, Bangkok Airways was named the world’s best regional airline.

According to STAR Fleet data available in mba’s REDBOOK, the airline’s fleet includes a mix of Airbus A319-100, A320-200, and ATR 72 models, for a total of 39 active aircraft.

Source: Bangkok Airways