Connect with us


Bangkok Airways posts losses, Samui routes performing badly




Following the opening of its swanky new passenger lounges at the Phuket Airport last week, Bangkok Airways has just posted a net loss of 190 million baht for the first half of 2019. In posting the figures yesterday the company’s President promised to turn results around in the second half of the year to ensure an annual profit.

The Koh Samui monopoly has provided one of Bangkok Airways’s few reliable positives in the past. But a drop in Chinese passengers to Koh Samui this year has contributed to nearly 5% drop in total passengers to the island.

Revenue from flights into the Gulf island contribute nearly 50% of Bangkok Airways overall income. But a drop in Chinese passengers has forced the airline to cut flights – Samui to Guangzhou has now been scrapped – and cut the frequency of flights from Samui to Chongqing.

Now the airline says it has a plan to tighten its belt to turn around the 6 months of losses. It’s cutting services from Bangkok to Phuket by 7 flights, to 49 per week. And cutting 4 flights from its Bangkok to Chiang Mai roster to 35 per week.

They say they are also shelving new fleet purchases this year as well.

Although they were shopping for new fleet, noting that the newer Boeing 7373 Max, and Airbus 319 and 220 models all offered greater fuel efficiencies (fuel being the biggest cost to airlines), the efficiencies were only applicable for flights beyond 2 hours, whereas BA’s flights averaged only 1.5 hours.

In explaining the balance sheet the President noted that code share arrangements with international airlines contributed 25% of total revenue. BA says they plan to add two more airlines to it code-share list.

Amidst the price cutting and plans to cut services, the President said the company still intends to start a new business – the Bangkok Aviation Training Centre. The airline has set aside a budget of 200-300 million baht for the centre in Sukhothai, central Thailand. The flight training centre intends its first intake of student pilots at the start of 2020. The school is also aiming to attract foreign students in a new profit centre for the airline.


Want more Thailand news from the Thaiger family?

📱 Download our app on Android or iOS for instant updates on your mobile
📝️ Join the conversation on Thaiger Talk - discuss news & life in our Thailand forums
📧 Subscribe to our daily email newsletter
👍 Like/Follow us on Facebook
🔔 Subscribe to or Join our YouTube channel for daily video updates


Join the conversation and have your say on Thailand news published on The Thaiger.

Thaiger Talk is our new Thaiger Community where you can join the discussion on everything happening in Thailand right now.

Please note that articles are not posted to the forum instantly and can take up to 20 min before being visible. Click for more information and the Thaiger Talk Guidelines.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

If you have story ideas, a restaurant to review, an event to cover or an issue to discuss, contact The Thaiger editorial staff.

Follow Thaiger by email:

Coronavirus (Covid-19)4 hours ago

PM Prayut asks everyone to work together towards reopening

Coronavirus (Covid-19)7 hours ago

Bangkok restrictions lifted on 8 categories, including swimming

Patong8 hours ago

Tar balls spreading in Phuket hit Patong Beach

Phuket Sandbox July 1st


Thaiger is getting behind local businesses for the restart of tourism in July - up to 50% discounts across all advertising packages in June!

Phuket9 hours ago

Officials predict 600,000 tourists to Phuket following reopening

Phuket10 hours ago

Technician electrocuted to death while trying to fix jacuzzi

Pattaya10 hours ago

Pattaya pushes for August 1 Sealed Route reopening plan

Thailand10 hours ago

Mother alleges that Doctor mistakenly gave her 10 year old sleeping pills

Bangkok11 hours ago

1 million Sinopharm doses arrive today

Tourism11 hours ago

Full reopening guidelines for Phuket and Samui

Coronavirus (Covid-19)12 hours ago

Covid UPDATE: 3,682 new cases, 20 covid-related deaths, provincial totals

Thailand12 hours ago

Poll shows schools, students, parents, “not ready” for online learning

Chon Buri13 hours ago

Man returns lost parakeet, gets rewarded with BBQ

Thai Life13 hours ago

Thai Lion predicts football matches, other abilities currently unknown

Tourism13 hours ago

Reopening details for Phuket, Samui and beyond laid out

Coronavirus (Covid-19)15 hours ago

Multiple Chiang Rai schools to close after infections found

Thailand4 months ago

Thailand News Today | Thai Airways in rehab, All go for Songkran | March 4

Tourism4 months ago

Phuket’s nightlife. Yes, bars and clubs are still open | VIDEO

Phuket4 months ago

Thailand News Today | Covid passport talks, Thai Airways heads to court | March 2

Tourism4 months ago

Phuket Thai food treats you need to try | VIDEO

Thailand4 months ago

Thailand News Today | Bars, pubs and restaurants ‘sort of’ back to normal | Feb 23

Tourism4 months ago

In search of Cat & Dog Cafés in Phuket Town | VIDEO

Thailand5 months ago

Thailand News Today | Gambling crackdown, Seafood market to reopen, Vlogger challenge | Jan 21

Thailand5 months ago

Thailand News Today | Covid testing for visas, Business impact, Vaccine approval | January 19

Thailand5 months ago

Thailand News Today | Weekend Bangkok bombs, Thailand fires, Covid update | January 18

Thailand5 months ago

Thailand News Today | Stray car on runway, Indonesian quake, 300 baht tourist fee | January 15

Thailand5 months ago

Thailand News Today | Governor off respirator, sex-trafficking arrest, condo prices falling | January 14

Thailand5 months ago

Thailand News Today | Chinese vaccine, Thailand ‘drug hub’, Covid update | January 13

Thailand5 months ago

Thailand News Today | Bangkok may ease restrictions, Phuket bar curfew, Vaccine roll out | January 12

Thailand5 months ago

Thailand News Today | Covid latest, Cockfights closed down, Bryde’s Whale beached | January 11

Thailand5 months ago

Thailand News Today | Southern floods, Face mask fines, Thai Air Asia woes | January 8