2. Disclaimers
The information contained herein is intended to represent the Company’s operating and financial position at a given point in
time and may also contain forward looking information which only reflects expectations based on the prevailing geo-political,
economic and non-controllable factors. Such information has been obtained from sources believed to be most reliable and
the means in analyzing and preparation of such information for disclosure are based on approve practices and principles in
the investment industry. The views are based on assumption subject to various risks and uncertainties and no assurance is
made as to whether such future events will occur. No assurance is made as to the accuracy or completeness of information
presented in this document.
3. Fleet Expansion
2 Jets, Boeing 737-800 NG, added in Nov 2013
Route Update
• New Route:
Domestic
Don Mueang – Hua Hin started 15 Nov 2013
International
Mae Sot – Mawlamyine started 1 Sep 2013
Mae Sot – Yangon
started 1 Oct 2013
Don Muang – Yangon started 1 Nov 2013
3
4. # Primary Routes
1
2
3
4
5
6
7
8
Bangkok – Hat Yai
Bangkok – Chiang Mai
Bangkok – Udon Thani
Bangkok – Nakhon Si Thammarat
Bangkok – Ubon Ratchathani
Bangkok – Surat Thani
Bangkok – Phuket
Bangkok – Chiang rai
Current Weekly Flight
Frequency*
56
49
42
35
42
35
28
35
Secondary Routes
9
10
11
12
13
Bangkok – Phitsanulok
Chiang Mai – Mae Hong Son
Bangkok – Trang
Bangkok – Sakhon Nakhon
Bangkok – Nakhon Phanom
35
21
21
7
7
Feeder Routes
14
15
16
17
18
19
20
21
22
23
24
Bangkok – Mae Sot
Chiang Mai – Udon Thani
Bangkok – Nan
Bangkok – Roi Et
Bangkok – Chumphon
Bangkok – Loei
Chiang Mai – Mae Sot
Bangkok – Ranong
Bangkok - Phrae
Bangkok – Buriram
Bangkok – Hua Hin
28
21
14
14
14
14
7
14
7
7
3
International Routes
*As of November 15, 2013
25 Mae Sot - Mawlamyine
26 Mae Sot - Yangon
27 Bangkok - Yangon
7
7
3
4
5. Unit: %
Unit: %
Corporate and
Group Sales
5%
Others
1%
Other
1%
ATM
Direct 5%
Debit
7%
Travel Agent
11%
Counter at
airport
11%
Call Center
12%
Cash
11%
Web site and
Electronics
60%
Counter Service
17%
Credit card
59%
As of September 30, 2013 5
6. Market share by no. of passengers
Market Growth
Primary route
15%
NOK Growth
From Chiang Mai
From Bangkok
Secondary route
Feeder route
21%
44%
34%
137%
32%
100% 100% 100%
100% 100% 100% 100% 100% 100% 100% 100% 100% 100%
100.0%
75.0%
68.6%
57.6%
50.0%
48.8% 46.8%
41.4% 36.4%
25.0%
49.7% 46.7%
21.6%
8.8%
0.0%
Unit: %
6.35
6.57
14.80
14.64
39.51
23.19
35.59
23.54
3.67
14.81
33.71
25.48
2.10
14.14
1.60
14.48
30.05
29.86
27.01
Unit: %
3.8%
2.9%
48.4%
48.3%
26.88
13.9%
13.2%
7.1%
49.5%
50.7%
16.16
19.66
22.33
26.70
27.17
2010
2011
2012
1H/13
9M/13
Source: Airport of Thailand PCL and Department of Civil Aviation as of 30 September 2013
47.3%
35.4%
39.5%
43.4%
47.8%
48.8%
2010
2011
2012
1H/13
9M/13
6 5
8. Unit: Baht / Pax/ Km.
4.00
3.50
3.00
2.50
3.27
3.06
3.49
3.08 3.13
2.94 2.96
2012
2013
3.34
3.16 3.13 3.14 3.24
3.03 3.09 3.11
3.10
2.82
2.63
3.01 3.03 3.08
2.88 2.89
Unit: Baht / Seat. Km.
1.50
1.30
0.90
0.50
0.00
1.15
1.01
Jan Feb Mar Apr May Jun
Jul
Aug Sep Oct Nov Dec
Remark; 1/ Operating Profit ex Fuel is RASK – CASK ex fuel
2/For November 2013 data is as of 10 Nov 2013
1.08
1.05
0.93
0.70
1.00
1.35 1.36
1.45
1.27
1.10
2.00
1.50
2012
2013
1.70
1.16
1.05 1.05
1.17
1.07
0.94
1.06
0.97
0.98
1.06
0.94
1.19
0.95
0.73
0.50
Jan
Feb Mar Apr May Jun
Jul
Aug Sep
Oct
2/
Nov Dec
8
11. 2013
Seat Capacity
(seat)
% Growth
(YoY)
2014
2015
2,547
3,185
(Unit: Fleet)
4,099
20.8%
25.5%
5
5
28.5%
5
3
2nd
2 More Q400 Bombardiers will be added in
Half/2014
• 12 more seats over ATR 72-500
• 6.07% lower cost per seat comparing to ATR 72-500
• Faster speed led to higher Aircraft Utilization due to 2
more sectors per day
2
8
2
12
14
2
Q3/2013
3
2013
18
22
3
1
2012
737 -400
Remark: 1/ Operated by Siam General Aviation under “Nok Mini” brand
2/ ATR 72-500 to be retired after 2015
5
5
2
2
4
2
737 - 800
4
2014
ATR 2/ Q400
5
2015
1/
SAAB
11
12. Xian
Cheng Du
Bangkok – KBV (Krabi)
starts 1 Jan 2014
Bangkok – Ho Chi Minh
Bangkok - Hanoi
Bangkok - Cheng Du
Bangkok - Nanjing
Bangkok - Xian
Chiang Mai - Bagan
Chiang Mai - Heho
Chiang Mai - Mandalay
Q4/2014
Nan Ning
Mandalay
Bagan Heho
Mawlamyine
Lampang
Mae Sot
Surin
Krabi
12