Company had expense related to the operational restructuring and other professional fees from the ongoing projects. Earnings before Interest, Corporate Income Tax, Depreciation and Amortization (EBITDA) The
places were closed temporarily and travel restrictions imposed. Consequently, the Company’s marketing activities were suspended and over 70 branches were closed down temporarily, from April to mid-May. In
Thailand and the Health Ministry of Thailand for recreational and tourist spot. The group also supports the government policy by joining the campaign “We Travel Together” which aiming to promote the “New
government such as travel restrictions and the closure of venues considered high-risk areas including department stores, it is expected that the Thai economy in 2020 will have a severe contraction with latest
travelers from around the world every year. 10. The Company received “Best in Travels Poll 2017” from Smart Travel Asia, including “Top 10 Airlines Worldwide”, “Top 5 Best in Cabin Service – Worldwide 2017
Saving Measures The Company is strictly implementing cost saving measures to preserve its liquidity. • Cutting unnecessary expenses and maintain strict cost control e.g. suspension of staff travel
staff travel, consultants, staff training, and marketing and advertising activities, suspending new hires • Optimizing staff by using technology to promote work efficiency and reduce overtime expenses
travelers segment revenue declined further due to border closure and travel restriction. In addition, NBTC’s mandate for free data & voice in Apr-May caused significant drop in prepaid top up, while the
conducted by SmartTravelAsia.com that involved millions of travelers from around the world voting for their favorite travel brands. 4. The Company received “Best Full-Service Boutique Airline - APAC” from Air