, a decrease of Baht 17.4 billion from the end of December 2017 as a result of a decline in the value of foreign-denominated debentures mainly due to the maturity of USD 400 million senior unsecured

new route from Chiang Mai-Hanoi since March 2018. However, an impact of China’s economic sluggish together with the boat accident in Phuket, the Company has to decrease its flight Samui to Chongqing

has deployed measures to stimulate short-term spending. Private investment also slowed due to a decline in the real estate sector. Meanwhile, the need for machinery investment was subdued due to lower

the strengthening of Thai Baht which caused the average fare to drop by 3.5 percent and passenger yield per RPK to decrease by 2.1 percent compared with the same period last year. Revenue from charter

performance of this year was a consequence of highly intense competition which caused the average fare to drop by 6.3 percent and passenger yield per RPK to decrease by 9.0 percent. However, year 2017, number

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

consumption. Private investment also contracted due to a decline in both domestic and foreign demand. Meanwhile, businesses must maintain liquidity to cope with future uncertainty. Against this backdrop

market items. This was coupled with a decline in interest expenses on debt issued and borrowings from the early redemption of subordinated debentures No. 1/2012 in December 2017 and the maturity of foreign

economy expanded at a slower pace at 2.4% of GDP as compared to 2018 (reference: Office of the National Economic and Social Development Council). The decline is due to various factors, such as export

restrictions and faced 100% drop in foreign tourist numbers. Likewise, the export sector has been affected by declining demand from trading-partner countries. In addition, the purchasing power of consumers is