Better February for THAI

 Cabin factor of flights in European routes increased to 88.2 per cent from 82.9 per cent in February a year earlier, Australia and New Zealand routes increasing to 72.6 per cent from 66.8 per cent, and domestic routes increasing to 82.9 per cent from 77.2 per cent.
 The board of directors announced on Friday after the meeting that the number represented a 5.2 per cent increase from the same period last year while revenue Passenger-Kilometers (RPK) for February 2012 was also 5.5 per cent higher than the same month last year.  Available Seat-Kilometers (ASK) for February 2012 was 3.6 per cent higher than the same month last year. 
 Cabin Factor averaged at 79 per cent, which is higher than the same month last year at 77.6 per cent.
 Its freight load factor however dropped to 54.7 per cent, 3.5 per cent down from the same period last year.  Compared to January 2012, the load factor for February was 10.1 per cent higher.
 The board also approved the plan to issue 12-year Bt1.5 billion debentures, for refinancing purpose. CIMB Thai Bank is mandated as advisor and underwriter.