1 ASIA’S BOUTIQUE AIRLINE Management’s Discussion and Analysis For the period ended 30 June 2018 Bangkok Airways Public Company Limited and Its Subsidiaries 2 ASIA’S BOUTIQUE AIRLINE Bangkok Airways
cost) (meaning total expenses from the standalone financial statements net loss on sales of investment, loss on sales of leasehold right and fuel expense) divided by ASK. 25 ASIA’S BOUTIQUE AIRLINE
Expenses 26,151.2 100.0 22,921.4 100.0 3,229.8 14.1 16 ASIA’S BOUTIQUE AIRLINE Costs of Sales and Services Costs of sales and services principally consist of fuel costs, cost of passenger services, personnel
cost 2.75 2.80 RASK – CASK (0.04) (0.09) 9 ASIA’S BOUTIQUE AIRLINE Remark (1) These figures are different from those included in Company’s consolidated Financial Statements as they include revenues
. In addition, Gross Refinery Margin was still at the low level. This has affected the performance of the petroleum related business. However, demand for consumption of finished products see signs of
excluding fuel cost 2.79 2.76 RASK – CASK 0.49 0.52 8 ASIA’S BOUTIQUE AIRLINE Remark (1) These figures are different from those included in Company’s consolidated Financial Statements as they include revenues
excluding fuel cost 2.79 2.76 RASK – CASK 0.49 0.52 8 ASIA’S BOUTIQUE AIRLINE Remark (1) These figures are different from those included in Company’s consolidated Financial Statements as they include revenues
1.6 percentage growth in airline business. However, during the period, the Company has implemented cost reduction plans including flight management strategy. That was a result of improving of passenger
steel price trend while inventory still had higher price. Also, when comparing to the same period of last year, inventories on hand end of 31 March 2016 had low cost since last quarter of year 2015. 4
. However, cost of goods sales to revenue ratio decreased 50.43 % from previous year to 50.17 %. It came from the sales of low-cost merchandise which was in higher portion. Total cost of sales and