Outbreak reduces travel demand in first quarter 12 published : 19 May 2021 at 06:39 Airlines faced another setback in the first quarter as the continued pandemic stunted travel demand. Puttipong Prasarttong-Osoth, president of Bangkok Airways, said the airline adjusted flight frequencies to meet passenger demand during the new wave, which caused the number of domestic flights to drop 85.6% year-on-year. The airline closed the first quarter with revenue of 1.36 billion baht, a sharp decrease of 78.8% year-on-year, while the average load factor stood at 58.8% with 151,900 passengers, down 88.5%. Bangkok Airways posted a net loss of 757 million baht, compared with a loss of 339 million in the same period last year.