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15-Nov-2013 10:33 AM

Thai Airways in the red in 3Q2013

Thai Airways revenue down 2% – financial highlights for three months ended 30-Sep-2013:

  • Total revenue: THB51,352 million (USD1633 million), -2.1% year-on-year;
    • Passenger and excess baggage: THB42,455 million (USD1350 million), -1.5%;
    • Freight: THB5652 million (USD179.7 million), -10.7%;
    • Mail: THB226.2 million (USD7.2 million), +11.0%;
  • Total costs: THB57,479 million (USD1827 million), +13.8%;
    • Fuel: THB20,130 million (USD640.0 million), +5.2%;
    • Labour: THB8560 million (USD272.1 million), +14.1%;
  • Profit (loss) before tax: (THB6128 million) (USD194.8 million), compared to a profit of THB1901 million (USD60.4 million) in p-c-p;
  • Net profit (loss): (THB6195 million) (USD196.9 million), compared to a profit of THB1745 million (USD55.5 million) in p-c-p;
  • Passenger numbers: 5.4 million, +6.1%;
  • Passenger load factor: 75.3%, -1.4 ppt;
  • Passenger yield: THB2.57 (USD 8.2 cents), -4.5%;
  • Cargo volume: 154,446 tons, -7.1%;
  • Cargo load factor: 48.4%, -4.2 ppts;
  • Cargo yield: THB9.40 (USD 29.9 cents), -1.9%;
  • Total assets: THB324,518 million (USD10,317 million);
  • Cash and cash equivalents: THB35,322 million (USD1123 million);
  • Total liabilities: THB262,956 million (USD8360 million). [more - original PR]

*Based on the average conversion rate at USD1 = THB31.4552

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