, trade, and finance have been severely disrupted. (Source: Bank of Thailand) The hardest in Aviation industry from COVID-19 pandemic. It can be seen that worldwide Revenue Passenger Kilometers (RPK

locations, also forecast economic growth4 to contract by -6.2% and -4.4%, respectively. This year will, therefore, be a most difficult year for all businesses. For MACO, we expect the Company’s performance to

economic front and greater political issues. Therefore, 2020 will be the most difficult and unpredictable year for the Company. For MACO, we expect the Company’s performance to be negatively affected by the