THAI Board of Directors Results 24 February 2012

February 28, 2012 flight2000it

Thai Airways International Public Company Limited (THAI) held its Board of Directors Meeting, chaired by Mr. Ampon Kittiampon, THAI’s Chairman of the Board of Directors, with the following results.

1. Operating Results for January 2012

The THAI Board of Directors acknowledged the operating results for January 2012, which showed improvement after the impact of the flooding in the fourth quarter of 2011, with only the Asia routes showing slower recovery.

Numbers of Passenger was 1.75 million or 2.3% higher than the same month last year. Revenue Passenger – Kilometers ( RPK ) was 1.9% higher than the same month last year . Available Seat – Kilometers (ASK) was 2.5% higher than the same month last year. Cabin Factor averaged at 77.3%, which is nearly the same percentage in the same period in 2011, but higher than in December 2011, which averaged at 68.1%. Cabin Factor increased on the European routes at 85.2% from 67.7%, on North America route at 79.1% from 72%, and on Australia and New Zealand routes at 77.7% from 71.8%.

For Cargo and Commercial Mail, Available Dead Load Ton-Kilometers (ADTK) for January 2012 was 0.8% lower than the same month last year. Revenue Freight Ton – Kilometers ( RFTK ) was 8% lower than the same month last year. Freight Load Factor averaged at 49.7%, which was 7.3% lower than the same month last year as a result of economic slow down in Europe as well as the decommissioning of one freighter aircraft in August 2011.

2. 2012-2013 Plan for Aircraft Decommissioning and Sales

The THAI Board of Directors approved the 2012-2013 Plan for Aircraft Decommissioning and Sales as part of the 2012-2022 Long-term Plan for Aircraft Fleet Development, including the aircraft currently on lease to NokAir.

In 2012 THAI will decommission the following 11 aircraft:

Airbus A300-600 (2 aircraft)
Airbus A340-500 (4 aircraft)
Boeing 747-400 (2 aircraft)
ATR72 (2 aircraft, leased to Nok Air)

In 2013 THAI will decommission the following 14 aircraft:

Airbus A300-600 (4 aircraft)
Boeing 777-300ER (5 aircraft, leased from Jet Airways expires)
Boeing 747-400 (2 aircraft)
Boeing 737-400 (1 aircraft, leased to Nok Air)
ATR72 (2 aircraft, leased to Nok Air)

During 2012 and 2013, the company will receive the delivery of 25 new aircraft into the fleet.

Source: Thai Airways