encumbrance of others to the borrower, and the borrower has to pledge asset as collateral to the lender in order to guarantee the borrower’s performance of obligation. Additionally, the lender has to return the
borrower, and the borrower has to pledge asset as collateral to the lender in order to guarantee the borrower’s performance of obligation. Additionally, the lender has to return the collateral to the
average market fuel price and additional excise tax for domestic flights. As of 31 December 2018, The Company still has an obligation from fuel price hedging until December 2019 amounting to 1,020,000
the Company does not undertake any duty or obligation to supplement, amend, update or revise any such statements. The Company does not make any representation, warranty or prediction that the results
date of this document, and the Company does not undertake any duty or obligation to supplement, amend, update or revise any such statements. The Company does not make any representation, warranty or
obligation from fuel price hedging until March 2020 amounting to 900,000 barrels. 18 ASIA’S BOUTIQUE AIRLINE Aircraft Repair and Maintenance Costs: aircraft repair and maintenance costs were higher from
obligation from fuel price hedging until March 2020 amounting to 900,000 barrels. 18 ASIA’S BOUTIQUE AIRLINE Aircraft Repair and Maintenance Costs: aircraft repair and maintenance costs were higher from
the Company does not undertake any duty or obligation to supplement, amend, update or revise any such statements. The Company does not make any representation, warranty or prediction that the results
. The increasing amount was mostly due to higher average market fuel price. 19 ASIA’S BOUTIQUE AIRLINE As of 30 June 2019, The Company still has an obligation from fuel price hedging until June 2020
are not a guarantee of future performance. Such forward-looking statements speak only as at the date of this document, and the Company does not undertake any duty or obligation to supplement, amend