Thai AirAsia on track for 2009 profit, Gol and Ryanair higher


Thai AirAsia CEO, Tassapon Bijleveld, stated the carrier is “definitely making a profit for the year”.

Mr Bijleveld added, “how much of a profit...will depend on the load factor in the fourth quarter of the year”. The carrier is anticipating a load factor of 82-85% in the last quarter, and is on track to handle 5.2 million passengers for the year.

Malaysia's AirAsia meanwhile announced plans to launch daily services form Kuala Lumpur to Kochi, Thiruvananthapuram (Trivandrum) and Kolkata on 12-Nov-2009, 16-Nov-2009 and 19-Nov-2009, respectively - see Route Changes Table for more information. The three new Indian services follow the launch of services to Tiruchirappalli (Trichy) in Dec-2008.

Gol and Ryanair higher

Shares in Brazilian LCC GOL jumped 8.9% yesterday, as Brazilian stocks rose the most in three months, due to increased confidence that an economic recovery is strengthening.

In Europe, Ryanair’s shares were 2.7% stronger, with easyJet’s shares edging up 0.3%.

Selected LCCs daily share price movements (% change): 14-Oct-09


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