Nok Air & # 39; discusses the capital increase plan I have not decided yet. Stop the loss for the next 3 quarters.



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Birds of air

Nok Air & # 39; sees his capital increased Tips I have not decided yet. We aim to end the losses of the next three quarters while signing the MOU. Get passengers at Suvarnabhumi Airport from Thailand.

Birds of air – Mr. Pravej Ongasiddhirakul The acting director of Nok Air Company Limited or NOK, the Board of Directors of Nok Air spoke about the new fundraising. Nok Air holds less than 50% of the share capital. As a result, the Thailand Stock Exchange (SET) has a C sign (Caution) on Nok Air. But the capital increase must be approved by the board of directors and shareholders before. So can Nok Air has not decided yet.

However, Mr Pravej denied the announcement of the sale of shares to new partners. Nok Air will continue to seek new partners only when the company is strong and ready to respond.

"The only way to grow is to find a strategic partner, but not now, wait for the first defeat, and then sit back and talk," Pravich said. Nok Air needs to find ways to increase revenues and reduce costs. To stop the losses in 2019, the company aims to stop losses in the first three quarters. So plan to grow.

Nok Air will increase its revenues by expanding the new base. Because of the airport Don Mueang. This is the main base of Nok Air. The density is very high and the capacity of welcoming passengers is difficult.

Nok Air is in talks to request – send Thai Airways passengers. Because Thai Airways has European passengers. For now, Nok Air has sent a draft Memorandum of Understanding to Thailand to review and continue the discussions.

In addition, Nok Air can operate charter flights. (Charter card) at U-Tapao airport again. If the Chinese tourist market is recovering the time has already been added to Phuket-Chentou earlier.


At the same time, Nok Air will strengthen its code collaboration with the line. A subsidiary Front and back home more. The code snippet for local routes will be visible later this year, as well as the route between next year.

At the same time, Nava Air aims to reduce costs by 10% by reducing three types of aircraft in two types to reduce maintenance costs. It is preparing to remove two ATR of small aircraft during the first half of 2062. In addition, it will open international routes with a 6-hour flight time to increase the efficiency of the aircraft at 12 o'clock per day. From the current average of 8 to 9 hours a day.

Initially, it is planned to open the road to the Uyghur and Guwahati clan. India early February. 2562, including the opening of flights to Da Nang, Dalat and Hanoi, Vietnam in December. 2561 – January 2019

In addition, he negotiates the road between Sendai and Hiroshima in Japan. Should be clear in 2019 by the sale of tickets in most foreign routes of Nok Air. This is done through agents. The advantage is that there will certainly be passengers. But the margins are below normal. Meanwhile, Nok Air will try to reduce the cost of ground service. Including hands with Thai Airways to manage the risk of oil prices and insurance. It also cooperates with banks to manage currency risk.

For the Chinese market. Hit by the Phuket crash And the trade war As a result, the number of passengers has decreased. The Nok Air point in China has gone from 10 to 4 points in the past. It is hoped that the situation will improve in the fourth quarter, Thailand applying a policy of free visas on arrival, while the aviation sector profits from a fall in the price of oil at $ 60 a barrel.

The journalist. Over the last year, Nok Air carries an average 86% of passengers, 9 million passengers a year on average, 10% of total Chinese passengers, with intense competition and high costs. As a result, Nok Air suffered continuous losses for 5 years from 2014 to August 10, 2018. Announcement of the "C" sign indicating that Nok Air is a company exposed to financial, financial or commercial risks.

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