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

Want More News Like This?

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