Asia Aviation (AAV), the major shareholder of
Thai AirAsia, has reported Q1 2017 total revenues of Baht
9,150 million and a net profit of Baht 570 million.
The airline also achieved a
record load factor of 89%, up 1 percentage point, with 4.85
million passengers carried, an 11% year-on-year increase. Total seat capacity grew
Thai AirAsia took delivery of an Airbus A320 and
an Airbus A320neo,
contributing to a total fleet of 53 aircraft by the end of Q1
Mr. Tassapon Bijleveld, CEO of AAV and Thai
that in Q1 2017 Thai AirAsia continued with its plans to strengthen
its “Interregional Connections” within Thailand.
Thai AirAsia launched 2 new
routes during the quarter including daily flights from its U-Tapao
Ubon Ratchathani and Phuket. The
airline also increased flight frequencies in the CLMV market by
increasing the Don Mueang-Mandalay (Myanmar) route to 2 times daily.
“We believe in our plans and our capital management, which
have allowed us to achieve satisfactory growth. In Q1 2017, Thai
had total revenues of Baht 9,150 million and net profit of Baht
1,036 million,” Mr. Tassapon said.
For Q2 2017, Thai AirAsia
will launch daily flights between Don Mueang and Danang (central Vietnam) from
9 June 2017. In early April 2017, the airline increased flights
between Don Mueang and Khon Kaen from 4 to 5 flights a day
and between Don Mueang and
Roi-Et from 2 to 3 flights a day.
Thai AirAsia’s targets for 2017 remain growing its fleet to 57
aircraft, serving 19.5 million passengers and maintaining an
Average Load Factor of 84%.
Tony Fernandes (AirAsia) and Gary Chapman
(Emirates) Talk Aviation Issues at WTTC Global Summit in Bangkok -
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