Samui airport, owned by Bangkok Airways, is nearly empty during the pandemic. (Photo by Dusida Worrachaddejchai)
Bangkok Airways anticipates it will not return to profit until 2024, though it sees investment opportunities in maintenance, repair and overhaul (MRO) services in the Eastern Economic Corridor (EEC) for long-term growth.
Puttipong Prasarttong-Osoth, president of Bangkok Airways, said revenue may reach pre-pandemic levels and gain a profit in three years, assuming all routes and international demand resume.
Last year the company reported total revenue dipped by 64.3% to 10.2 billion baht from 28.6 billion in 2019, recording a net loss of 5.3 billion baht.
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