Bangkok Airways doubled its earnings in the first quarter of the year. It posted a net profit of 1.08 billion baht (approx. US$32.35 million) compared with 514 million baht in the same period last year. It saw its revenue rise by 10.6 per cent to 6.73 billion baht as it carried 10.9 per cent more passengers at 1.43 million on 6.65 per cent growth in seat capacity after adding two aircraft to take its fleet to 29. Its load factor edged up to 71.9 per cent from 69.3 per cent in the … [Read more...] about Bangkok Airways net profit doubles in 1Q2015
Bangkok Airways
Bangkok Air receives first ATR 72-600s on order
Bangkok Airways took delivery of its first ATR 72-600 at a special ceremony in Toulouse, France. The handover marked a key milestone in the carrier's development as it plans to take delivery of nine new ATR aircraft from now until 2017. The newcomer will join Bangkok Airways' existing fleet of ATR 72-500s and will be operated on the airline's expanding network of domestic and regional services. Captain Puttipong Prasarttong-Osoth, president of Bangkok Airways, stated: "The delivery is part … [Read more...] about Bangkok Air receives first ATR 72-600s on order
Bangkok Airways IPO targets late October
Bangkok Airways has filed a submission to the Thai Securities and Exchange Commission (SEC) for an initial public offering (IPO) of just under 25 per cent of the company. Subscription is expected to open for individual investors around mid-October, while the shares are expected to commence trading in the Stock Exchange of Thailand by the end of October. The Company is confident of its growth potential and believes future business expansion will put it in a prime position to capitalise on the … [Read more...] about Bangkok Airways IPO targets late October
