Nok Air rebounds to full-year profit
May 30, 2024
Thai low-cost carrier Nok Air has reported a net profit of Bt47.7 million ($1.3 million) in 2023, rebounding from a loss of Bt2.62 billion. Revenue increased by 17% to Bt8.75 billion, with passenger revenue growing 19% to Bt7.62 billion and service revenue increasing by 17% to nearly Bt719 million, it says in a filing to the Stock Exchange of Thailand. The airline saw total expenses of Bt8.7 billion, a decrease of 14% from the previous year, which the carrier says "resulted in a significant drop in net loss from last year and turned into net profit". Nok Air carried 4.6 million passengers, up 3% year on year. ASKs increased by 3%, while RPKs grew by 6%, driving average load factor up by two percentage points to 82.2%. Cash and cash equivalents stood at Bt641 million as of 31 December, down from Bt699 million at the end of 2022. The airline had 17 aircraft at the end of the period versus 16 aircraft at the end of 2022.
British Airways adds Tromso to winter network
May 28, 2024
British Airways will launch its winter flights to Tromso, Norway from London Heathrow on 1 December. The carrier says it will fly on the route twice a week until 27 March 2025. British Airways will use Airbus A320neos on the route. The carrier joins SAS in operating flights on the route this northern winter.
Hong Kong Airlines introduces its first A321
May 28, 2024
Hong Kong Airlines on 24 May inaugurated its first Airbus A321 with flights to Bangkok Suvarnabhumi, strengthening its network capacity on medium and short-haul routes across Asia and allowing it to introduce new routes. This aircraft is configured with an all-economy cabin of 220 seats, increasing passenger capacity compared to the existing A320 models, it says. Fleets data shows that the 14-year-old aircraft, MSN 4315, is leased from AerCap and is powered by International Aero Engines V2533 engines. Hong Kong Airlines operates a fleet of 21 aircraft, including A330s, A320s, and the single A321, with plans to expand the fleet to 28 aircraft by the end of this year.