Asia Aviation Public Company Limited. (“AAV”), a Stock Exchange of Thailand (SET) listed company and major shareholder in Thai AirAsia Company Limited (“TAA”), announces its operational results for the fourth quarter of 2021 (“4Q/2021”). AAV’s Total revenue of Baht 2,152 million and a net loss of Baht 993 million for the quarter delivered some positive signals, but slower than expected due to increasing oil prices, COVID-19 screening requirements, and a delay in the reopening of borders.
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