Bangkok Airways expects profit for 2023

Bangkok Airways expects its passenger rate to hit 70-80% of the pre-pandemic level this year, roughly 4.4 million people from more than 40,000 flights, and will possibly post an annual profit for the first time since 2019.

Puttipong Prasarttong-Osoth, president of Bangkok Airways, said long-haul demand has grown better than expected since the final quarter of last year, which will help to hit the target of 15 billion baht in revenue for 2023.

Mr Puttipong said European passengers currently accounted for 60% of the total, followed by Asia-Pacific and Thai passengers.

Last year the airline carried 2.6 million passengers, or about 46% of pre-pandemic levels, thanks to robust…