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Nok Air back in the black in 4Q08 after extensive restructuring effort

29-Jan-2009

Nok Air reported an unaudited THB82 million (USD2.4 million) profit in the three months ended 31-Dec-08, benefiting from the airline’s restructuring programme and associated deep capacity cuts, and a reduction in fuel prices. [1765 words]

Unlock the following content in this report:

Subheadings:

  • Thailand's passenger traffic hurt by Nov-08/Dec-08 airport disruptions, but a silver lining
  • Thai AirAsia to continue to struggle after reporting loss in 3Q08
  • Takes USD10 million hit from Bangkok Suvarnabhumi base closure in Nov-08
  • To miss 2008 traffic targets
  • One-Two-Go tentatively resumes operations

Graphs and data:

  • Nok Air capacity breakdown by sector (seats per week as % of total): Week commencing 26-Jan-09
  • Nok Air route network: Jan-09
  • Airports of Thailand (AoT) (Bangkok Suvarnabhumi, Bangkok Don Mueang, Phuket, Chiang Mai, Hat Yai and Chiang Rai Airports) year-on-year traffic change: Jan-08 to Dec-08
  • Airports of Thailand (AoT) (Bangkok Suvarnabhumi, Bangkok Don Mueang, Phuket, Chiang Mai, Hat Yai and Chiang Rai Airports) annual passenger traffic and year-on-year traffic change: 2004 to 2008
  • Thai AirAsia financial highlights for three months ended 30-Sep-08
  • Thai airline aircraft orders: Jan-09
  • Thailand domestic capacity share by carrier (seats per week as % of total): Week commencing 26-Jan-09
  • Thai AirAsia capacity breakdown by sector (seats per week as % of total): Week commencing 26-Jan-09
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