demand and has increased flight frequencies, operated new routes and suspended the underperformed route as follows; New Routes Bangkok – Cam Ranh 4 flights per week (January 2019) Chiang Mai – Krabi
for this quarter was 0.24 baht. 4 ASIA’S BOUTIQUE AIRLINE Notable Events Notable events in 1Q2019: Airline Business 1. The Company has revised flight frequencies due to passenger seasonal demand and has
, the employment rate was improved mainly from business expansion from both government and private sector. Nevertheless, national income increased in line with a rise in cost of living and fuel price
from a ban of international flights. Thailand economy were facing the deepest recession in this quarter. Economic activity in the second quarter was anticipated to shrink as domestic demand and supply
and lorry tanks, chemical tanks, machinery parts, steel structure). With its growing demand for LPG and the up and coming expansion of LPG storage and receiving terminals, it is expected that the LPG
farmers to tax relief. The main lime consuming sectors of the industry had limited impact from Covid-19 in Q1 by the macro economy. However, the forecasts are for a drop in demand in the coming quarters as
clients and orders due to higher demand for cars and new businesses from closure of financially challenged competitors due to Covid-19. 2) Dealership business; Stronger sales of both dealerships in Thailand
and orders increase due to higher demand for cars. Thailand and China operations were strong, grew 29.2% and 48.1% year-on-year respectively and outperformed the industry. 2) Car Dealerships and
Chinese. Meanwhile, level of domestic economic activities gradually increased. Consumption and investment of private sector steadily expanded consistent with the improving consumer confidence and business