As the Covid-19 pandemic drags on, airlines experienced another terrible quarter, with less passengers and less revenue year-on-year. The president of Bangkok Airways reported dismal numbers saying that the airline is adjusting its flight plans to try to match the depressed market.
Only 151,900 travellers flew on Bangkok Airways in the first quarter of 2021, an 88.5% drop over last year’s figures. Flights were on average 58.8% full, even after the airline cut 85.6% of their flights compared to the first quarter of last year.
The beginning of 2020 had brought a loss for the airline of 339 million baht, but the first quarter of 2021 more than doubled that loss to 757 million baht. Revenue was down 78.8% compared to last year, with Bangkok Airways pulling in only 1.36 billion baht. But the airline used this decrease in flights to push ahead with a construction project to develop the…
