wages instead of 300 days, as the Labor Protection Act No. 7 of the year 2019. The Company's profitability in the third quarter of 2019 decreased from the same period of previous year, the return on total

of 20 years or more, receives severance payment of 400 days of wages at the most recent rate, which is increased from the current maximum rate of 300 days. This change is considered a post-employment

revenue. Selling, General and Administrative expenses (SG&A) Selling, General and Administrative expenses (SG&A) consist of Salaries and Overtime, Wages, Welfare, Management fee, Executive Compensation

with ongoing fleet plan, and annual increase of salary and wages. 17 ASIA’S BOUTIQUE AIRLINE Aircraft Rental Costs: the aircraft rental costs increased from 1,272.7 million baht to 1,656.6 million baht

Baht 132.63 million, which increased from the previous year by Baht 4.79 million or 3.75 percent, due to the increase in salary and benefits of the employees of Baht 8.82 million and service expenses of

or 11.96% from the same period of last year due to an increase in personnel expenses and management personnel, such as salaries and wages, staff, and management. Utility Bills And land transfer fees

construction materials and the risen of wages; and (2) The Company has been unable to obtain the financial support from financial institutions since 2015 due to major legal cases derived from the negative impact

from financial institutions. As a result, the Company has been running the business by its working capital and wages from the owners, including support from distributors result in the Company and

million, wages amounting to Baht 4.86 million, royalty fee amounting to Baht 1.51 million, marketing expenses amounting to 1.89 million and utilities expenses amounting to Baht 0.52 million. Administrative

means remuneration paid to the staff member and employee, namely salary, wages, overtime wage, bonus, pension, living allowance, welfare, company contribution paid to the provident fund, income tax paid