from 4.91 baht per passenger-kilometers to 4.79 baht per passenger- kilometers or by 2.3 percent as a consequence of intense competition within the industry. Regarding the airport-related businesses, the

continued offering low-end unlimited data plans in both prepaid and postpaid segments in order to maintain customer base and expand market share. Hence, mobile revenue slightly declined by 0.7% YoY to

2.87 $/BBL, the refining margin still remains on the low side due to the crack spread of finished product and reference crude oil price declining significantly. A result of severe drop in demand for fuel

borrowers, and remained vigilant on risks. Meanwhile, we mainly targeted borrowers with good track records, as well as existing low-risk customers. 2.2 Market Risk Management Economic and political

continued to see limited support, after growing by 2.30 percent in the second quarter. The Thai economy did show some signs of strength in the third quarter, due mostly to the low base effect of the same

highly intense competition which caused the average fare to drop by 6.3 percent, particularly in Indochina routes. The average passenger load factor was 68.5 percent, decreased from 69.2 percent. Passenger

waiver until the end of April 2019 ; and 3.) other supporting factors, namely government subsidy to the low-income citizens to stimulate near-term consumption, as well as strong investment outlook in

mainly from airport-related services and unallocated revenue which rose by 11.6 percent and 35.0 percent respectively. The revenue from airline business slightly declined by 4.2 percent from highly intense

slightly declined by 4.2 percent from highly intense competition particularly in domestic sectors which caused overall number of passenger, passenger yield and average fare dropped by 1.9 percent, 1.6

the low-income citizens to stimulate near-term consumption. Meanwhile, internal and external factors that affect the Thai economy are the slowing global economy growth, the inconclusive trade war