more fixed expenses. As the result, the change rate in total operating expenses is similar. In terms of the profit of the Company for Q1–2020, it has a lower change rate than the change rate in revenue
profit of Q1–2021 and Q1–2020, it found that the increased rate in revenue of 48.1% but the increased rate in profit of 103.2% because the total revenue in Q1–2021 is so high that it can cover the fixed
which are fixed cost still exist and not variable to the income such as animal feed, utilities, water-electricity bill. Therefore, the company has managed to reduce some unnecessary expenses during the
be covered the operating expenses, especially fixed expenses. As the result, the change in the profit of Q3–2020 was higher than the change in revenue. -2- Operating Results and Capabilities to Make
by 6.0 percent growth in Latin America, and 5.4 percent growth in Europe. The improvement of the world economy, lower ticket fare, and the increasing of the number of passenger demand are main factors
, and 5.4 percent growth in Europe. The improvement of the world economy, lower ticket fare, and the increasing of the number of passenger demand are main factors, helping to stimulate the air traffic
result, Private investment has declined dramatically while the Tourism sector has not yet recovered. The overall economic support comes from the government spending. Both fixed expenses and capital
that bolstered purchasing power. Government expenditure also plays important role in sustaining the economy with fixed expenses continuing to expand in comparison to the same period last year, especially