Nok Air losses widen in 2015

Nok Air revenue up 17% - consolidated financial highlights for 12 months ended 31-Dec-2015:

• Total revenue: THB14,296 million (USD417.4 million), +17.4% year-on-year;
• • NokScoot: THB952.9 million (USD27.8 million);
  • Passenger: THB12,730 million (USD371.7 million), +13.2%;
  • Service revenue: THB1023 million (USD29.9 million), +42.6%;
• Total costs: THB15,954 million (USD465.9 million), +24.3%;
• • NokScoot: THB2176 million (USD63.5 million);
• Profit (loss) before tax: (THB1658 million) (USD48.4 million), compared to a loss of THB666.2 million (USD20.5 million) in p-c-p;
• Net profit (loss): (THB1664 million) (USd48.6 million), compared to a loss of THB665.8 million (USD20.5 million) in p-c-p;
• • NokScoot: (THB1223 million) (USD35.7 million);
• Passenger numbers: 8.8 million, +14.9%;
• Passenger load factor: 84.0%, +2.7 ppts;
• Passenger yield: THB2.30 (USD 6.7 cents), -10.5%;
• Revenue per ASK: THB2.11 (USD 6.2 cents), -6.6%;
• Cost per ASK: THB2.24 (USD 6.5 cents), -5.1%;
• Cost per ASK excl fuel: THB1.70 (USD 5.0 cents), +10.7%;
• Total assets: THB7110 million (USD207.6 million);
• Cash and cash equivalents: THB4214 million (USD123.0 million);
• Total liabilities: THB4168 million (USD121.7 million). [more - original PR]

*Based on the average conversion rate at THB1 = USD0.0292
**Traffic figures excludes subsidiaries