from highly intense competition which caused the average fare drop by 0.1 percent. However, the revenue from airport-related services increased by 6.1 percent from a rising number of flights landed at
decreased from 10,164.5 million baht to 9,812.5 million baht, lower from the first six-month of 2018 by 3.5 percent. The declining scheduled passenger revenue was resulted from highly intense competition and
, revenue was slightly declined by 1.3 percent from highly intense competition causing average fare to drop by 1.2 percent. Passenger yield per RPK was 4.14 baht, weakened from the second quarter of 2017 by
operating revenue of airline business declined by 6.9 percent from highly intense competition which caused the average fare to drop by 5.8 percent. The average passenger load factor was 68.1 percent. The
IVL as a whole in 2019. o Sharp decline in crude prices (high of $ 83/bbl in 3Q18 versus low of 54/bbl in 4Q18) as we entered in to the weak season led to accelerated destocking in the integrated PET
- denominated debt. Economic Outlook for 2020 In 2020, Thailand’s economic growth will likely slow to the range of 1.9 - 2.3 percent on account of several challenges. External factors include a sharp drop in
million, resulting from the sharp rise in average crude oil price during the quarter, while in Q2/2017 recorded an inventory loss in the amount of THB 1,010 million (included LCM of THB 7 million). Average
) expects the Thai economy to contract by 6.7 percent. The main factors driving the economic downturn are the contraction in exports of services, predominantly tourism revenues following the sharp fall in the
and better respond to customer needs. However, there is also more intense competition after fees were waived for transactions via banks’ digital banking channels. Banks therefore need to acquire more