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Thai low-cost operator Nok Air narrowed its 2021 loss, helped by a revenue gain from debt restructuring, as well as recovery in domestic air travel demand in the second half of the year.For the year to 31 December 2021, the airline posted a pre-tax loss of around Bt1.4 billion $37 million , significantly narrowing the record Bt7.4 billion loss in 2020, when the airline was hit by a collapse in travel demand from the pandemic.Full-year revenue dipped just 5.6% against 2020, to Bt6.4 bill [url=https://www.stanley-cup-website.us]stanley website[/url] ion. While passenger and services revenues fell year on year, the airline took a significant revenue gain, at around Bt4 billion, from debt restruct [url=https://www.stanley-quencher.co.uk]stanley quencher[/url] uring.Nok Air, which is undergoing debt re [url=https://www.stanleycup.cz]stanley termohrnek[/url] structuring, blames domestic travel restrictions 鈥?imposed for most of 2021 鈥?for a drop in passenger revenues, which tumbled 67% year on year.The airline notes that its operating hub of Bangkok Don Mueang and Suvarnabhumi airports were shut off to regular passenger transportation in July as part of pandemic restrictions, forcing the airline to shift some operations to U-tapao airport near Pattaya. However, after the government eased the travel limitations in the fourth quarter of 2021, passenger demand for travel increased. The company then decided to increase flight frequencies and routes, says Nok Air.Its 2021 traffic results reflect the challenging operating environment: passenger numbers plunged nearly 70% to just 1.3 million, with capacity falling by 67%.Nok Air reported a 52% decrease in full-year e Ibuh Letter: Trans athlete used as a diversion from harmful Trump policies
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