Nok Air expects profitable 2010

Guest Writer

Thai low-cost carrier, Nok Airlines, has said that it expects to wipe out its accumulated losses and break even or turn a profit by the end of this year. According to a Bangkok Post report, the airline, which is partly owned by Thai Airways, still has THB280 million (US$8.4 million) of outstanding losses that needs to clear, but expects to achieve a pre-tax profit of THB330 million for 2009.

“By the end of this year, we should be able to, at least, reach break-even if not declaring profit,” Nok’s CEO, Patee Sarasin, told the Bangkok Post.

You might also like

Comments are closed.

X
GET THE LATEST TRAVEL INDUSTRY NEWS, JOBS AND EVENTS STRAIGHT TO YOUR INBOX!
Join over 180,000 travel agents, professionals and executives subscribed to our daily newsletter.
You can unsubscribe at any time
Subscribe to our newsletter
Sign up here to get the latest news, updates and special offers delivered directly to your inbox.
You can unsubscribe at any time
Close