NokScoot on course to break even
NokScoot is aiming to fly through the break-even barrier by the end of this year. "Our financial performance is improving, allowing us to break even or be close to that point at the end of 2016," CE Piya Yodmani said. Such expectations come against the backdrop of a robust performance resulting from the airline's focus on the vast China-to-Thailand travel market. Piya sees a turnaround in NokScoot's balance sheet by year-end. NokScoot posted a THB1.3b net loss over a 15-month period to March this year. The airline got off the ground in May last year. The improved performance is reinvigorating the carrier's growth strategy, which had earlier appeared to be stuck in second gear. Piya said NokScoot was focused on the Chinese market, with more routes linking up with Thailand in the works. <br/>
https://portal.staralliance.com/cms/news/hot-topics/2016-05-23/unaligned/nokscoot-on-course-to-break-even
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NokScoot on course to break even
NokScoot is aiming to fly through the break-even barrier by the end of this year. "Our financial performance is improving, allowing us to break even or be close to that point at the end of 2016," CE Piya Yodmani said. Such expectations come against the backdrop of a robust performance resulting from the airline's focus on the vast China-to-Thailand travel market. Piya sees a turnaround in NokScoot's balance sheet by year-end. NokScoot posted a THB1.3b net loss over a 15-month period to March this year. The airline got off the ground in May last year. The improved performance is reinvigorating the carrier's growth strategy, which had earlier appeared to be stuck in second gear. Piya said NokScoot was focused on the Chinese market, with more routes linking up with Thailand in the works. <br/>
