Earnings Report /
Thailand

Bangkok Airways: Deep net loss reported; recovery to start in 4Q21

  • 3Q21 core loss was in line with our estimate

  • BA reported a 3Q21 net loss of Bt6,977m

  • Revenue dived by 42% YoY and 30% QoQ

Kijapat Wongmetta
Kijapat Wongmetta

Equity Research Analyst

Bualuang Securities
15 November 2021