Asia Aviation Public Company Limited, or AAV, expects third-quarter 2069 results to be flat from the second quarter of 2069 despite entering the low season, with an expected decline in average fuel costs as a key supporting factor. The company also plans to issue new debentures worth 1.5 billion baht in November to replace maturing ones, and intends to return two to four aircraft in the second half of the year, leaving a fleet of about 58 aircraft at the end of 2069. For the fourth quarter of 2069, the company is confident of a recovery driven by the high season, as it will restore capacity so that cuts are reduced to only 10 percent or less, and there is an opportunity to raise average domestic ticket prices to near 2,000 baht. In addition, visa exemption measures for Indian tourists and domestic tourism stimulus programs will help support growth.
Asia Aviation Public Company LimitedPlans to issue new debentures to refinance maturing debt, supporting financial stability.
