Amidst a surge in competition in the commercial aviation industry, all players have significantly revised their strategies by creating more and more competitive edge for their products and services. Amongst the ubiquitous selling points, airlines compete to provide passengers with numerous price options and multitudes of easy access points of sales. These are the main contributing factors that have allowed the number of passengers to grow over the years. Approaching its 48th Anniversary, Thailand’s first privately-owned airline; Bangkok Airways Public Company Limited, has also made a strategically move to strengthen the company’s regional competitive edge by expanding its route network through various code-share agreements with airline partners which have successfully been carried out in order to heighten our competitiveness in the regional level.
Apart from that, the company has leveraged our safety standard to be conforming to international certification standards. Back in 2002, the company joined IATA as an ordinary member. By becoming a member, the company has entered a certification of international air transport safety standard in Operational Safety Audit or (IOSA), which is safety management quality certification system of International Air Transport Association or (IATA). The company remains its focus on developing and improving our management system, and flight operation system to achieve a high safety standard in order to be recognized by our fellow airliners around the world.
The Board of Directors and I would like to say that it was our loss that Mr. James Patrick Rooney has passed away and out of his position as an independent Director and an Audit Committee in October 2015. I’d like to thank him for having performed his duty in an exemplary level throughout his tenure in his position. His replacement, Mr. Saharat Benyakul, was appointed as an independent Director and an Audit Committee by the committee last December.
Lastly, on behalf of the Committee, the executive, and all employees; I’d like to express my gratitude to all our clients, shareholders, and business partners for the confidence given to us in running the business. I hereby give you our assurance to commit to our duties under a good governance policy, and transparency towards the company’s sustainability and success for the years to come.
Air Chief Marshal Kaset Rochananil