Loading
2-Sep-2009 11:00 AM

Thai Airways 2Q2009 revenue down 31.9%, USD159 million net loss

Thai Airways revenue down 31.9%- full consolidated financial highlights:

  • Three months ended 30-Jun-2009:
    • Total revenue: USD1,017 million, -31.9% year-on-year;
    • Total costs: USD1,131 million, -35.7%;
      • Fuel: USD281.9 million, -59.2%;
      • Labour: USD200.7 million, -14.8%;
    • Operating profit (loss): (USD64.9 million), compared to a loss of USD130.7 million in the previous corresponding period;
    • Net profit (loss): (USD158.6 million), compared to a loss of USD271.7 million in the previous corresponding period;
    • Passenger traffic (RPKs): -22.7%;
    • Load factor: 60.2%, -9.5 ppts;
    • Passenger yield per RPK: USD 7.0 cents, -11.6%;
    • Freight yield: USD 25.3 cents, -23.5%;
  • Six months ended 30-Jun-2009:
    • Total revenue: USD2,228 million, -28.9%;
    • Total costs: USD2,064 million, -36.7%;
    • Fuel: USD602.9 million, -52.4%;
    • Labour: USD399.1 million, -13.8%;
    • Operating profit: USD66.8 million, compared to a loss of USD2.5 million in the previous corresponding period;
    • Net profit: USD72.4 million, compared to a loss of USD206.6 million in the previous corresponding period. [more]
  • *Based on the conversion rate at USD1 = THB34.06

Want More News Like This?

CAPA Membership provides access to all news and analysis on the site, along with access to many areas of our comprehensive databases and toolsets.
Find Out More