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
management believes that such events will not have any significant impact on the Company because the management is confident that the Company and the parent company did not take any actions that caused damage
institutions of the Company in order to be able to repay debts when due and reduce high burden of interest, caused by such liabilities. Furthermore, the Company may use the residual amount as working capital in
quarter of 2018, had net profits amounted Baht 27.4 million, increased by 78.2% compared with the second quarter of 2017, caused by the fee income from the increasing numbers of funds and types of mutual
reduction from e-commerce channel of sale by 22.0 percent. The decrease of e- commerce was caused by the changing of air ticket booking behavior. Meanwhile, number of passenger from the point-of-sale in
investments and net fees and service income, mainly from lower fees from loan-related services, combined with the decline in fees from transaction services caused by the exemption of transaction fees via
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
Page 4/22 Economic Overview and Competition among Commercial Banks In the first quarter of 2020, Thai economy highly contracted from the same period last year as the COVID-19 pandemic has caused