Bangkok / 17 September 2015 – Bangkok Airways Public Company Limited has recently been included in the top 50 airlines in the world by financial rating (ranked 24th). The evaluation and ranking was conducted by Airfinance Journal based in the United Kingdom, using a number of operational and financial criteria data from the Airline Analyst. The sample includes a total of 140 companies; 137 airlines and 3 tour operators whose financial performance is available to the public domain and their financial statements were released for periods ending between March 2014 and March 2015.
As the results, Bangkok Airways is reportedly ranked 3rd in Liquidity, 7th in Passenger yield, 26th in Rask-Cask margin, 39th in Equity market Capitalization and 50th in Leverage category.
16 parameters were used to evaluate the airline’s financial and operational performance; Total revenue, Net income margin, RPKs, passenger revenue per passenger, staff costs to revenue, Editbar margin, Fixed-charge cover, Return on invested capital, Net income, cargo revenue, Passenger load factor, Passenger yield, Rask-Cask margin, Leverage, Liquidity and Equity market capitalization.
Recently, BA stocks has been added to numerous indexes which are MSCI Global Small Cap Indexes (effective since 29 May 2015.), FTSE SET Mid Cap index (effective since 22 June 2015), SET50 and SET100 indexes for the second half of 2015 (1 July – 31 December.) This helps make BA more known amongst investors around the world.