, followed by Austria, Germany, and Spain at 20.8 percent, 13.2 percent, and 12.9 percent respectively (Source: Ministry of Tourism and Sports). The Company has increased flight frequencies in Bangkok-Phu Quoc
Tourism and Sports) Due to the covid-19 pandemic which severely has affected to airline industry since late of year 2019. The Company decided to suspend and terminate some routes during March 2020 to match
percent in December 2018 (Source: Ministry of Tourism and Sports). In year 2018, CLMV routes were more focused according to passenger travel demand especially in Vietnam, Laos and Myanmar. The Company
percent, was decreased by 8.2 percent. This leads to a slow growth of international tourist arrival to Thailand ( Source: Ministry of Tourism and Sports) . Furthermore, the strengthening of Thai Baht and
share during the first 3 months of this year (Source: Ministry of Tourism and Sports). In the first quarter of year 2019, the Company has increased flight frequencies in Bangkok-Danang route to 14 flights
percent. (Source: Ministry of Tourism and Sports). 3 ASIA’S BOUTIQUE AIRLINE For the overall Thailand tourism industry in 2019 increased only 4.2 percent. Tourists from South Asia region had the highest
) and Germany (11.9% drop) (Source: Ministry of tourism and sports). One of the reason is the effect of FIFA world cup 2018 event hosted in Russia, especially during a month of June, corresponding with an
Sports). The Company has increased flight frequencies in Bangkok-Danang route to 7 flights per week, Chiang Mai-Mandalay route to 7 flights per week and Chiang Mai-Mae Hong Son route to 14 flights per week