Bangkok Airways Management

Management criteria checks 2/4

Bangkok Airways' CEO is Puttipong Prasarttong-Osoth, appointed in Jan 2008, has a tenure of 16.83 years. directly owns 28.67% of the company’s shares, worth THB14.33B. The average tenure of the management team and the board of directors is 8.8 years and 9.8 years respectively.

Key information

Puttipong Prasarttong-Osoth

Chief executive officer

฿2.2m

Total compensation

CEO salary percentage	n/a
CEO tenure	16.8yrs
CEO ownership	28.7%
Management average tenure	8.8yrs
Board average tenure	9.8yrs

Recent management updates

Recent updates

CEO

Puttipong Prasarttong-Osoth (59 yo)

16.8yrs

Tenure

฿2,160,000

Compensation

Mr. Puttipong Prasarttong-Osoth has been Director of Bangkok Dusit Medical Services Public Company Limited since January 23, 2019. He has been the President and Director at Bangkok Airways Public Company L...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Prasert Prasarttong-Osoth	Founder & Chairman of the Board	3.6yrs	฿1.44m	11.39% THB 5.8b
Puttipong Prasarttong-Osoth	Vice Chairman	16.8yrs	฿2.16m	28.67% THB 14.5b
Anawat Leelawatwatana	Senior VP of Finance & Accounting	8.8yrs	฿1.44m	0.010% THB 5.1m
Pradit Theekakul	Executive VP of Corporate Admin	17.8yrs	฿1.50m	0.43% THB 216.9m
Amornrat Kongsawat	Vice President of Sales & Vice President of Marketing (Acting)	2.8yrs	no data	no data
Christophe Clarenc	Senior Vice President of Maintenance & Engineering	no data	no data	0.0018% THB 890.7k
Dechit Chareonwong	Senior VP of Operations & VP of Flight Operations	5.2yrs	no data	no data
Tresarun Sitakalin	VP & Company Secretary	8.8yrs	no data	no data

8.8yrs

Average Tenure

62yo

Average Age

Experienced Management: BA's management team is seasoned and experienced (8.8 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Prasert Prasarttong-Osoth	Founder & Chairman of the Board	3.6yrs	฿1.44m	11.39% THB 5.8b
Puttipong Prasarttong-Osoth	Vice Chairman	27.4yrs	฿2.16m	28.67% THB 14.5b
Anawat Leelawatwatana	Senior VP of Finance & Accounting	8.6yrs	฿1.44m	0.010% THB 5.1m
Pradit Theekakul	Executive VP of Corporate Admin	27.3yrs	฿1.50m	0.43% THB 216.9m
Sripop Sarasas	Independent Director	11.8yrs	฿1.05m	no data
Narumol Noi-Am	Director	9.9yrs	฿855.00k	0.019% THB 9.6m
Ariya Prasarttong-Osoth	Director	8.6yrs	฿660.00k	11.59% THB 5.9b
Saharatna Benyakul	Independent Director	9.8yrs	฿1.03m	no data
Somboon Kitiyansub	Independent Director	8.6yrs	฿970.00k	no data

9.8yrs

Average Tenure

65yo

Average Age

Experienced Board: BA's board of directors are considered experienced (9.8 years average tenure).

Bangkok Airways Management

Management criteria checks 2/4

Key information

Recent management updates

Bangkok Airways Public Company Limited Announces Appointment of Prasert Prasarttong-Osoth as Chairman of the Board

Bangkok Airways Public Company Limited Announces Demise of Kaset Rochananil, Chairman of the Board and Independent Director

Bangkok Airways Public Company Limited, Annual General Meeting, Apr 09, 2024

Bangkok Airways Public Company Limited Announces Resignation of Visanu Prasarttongosoth as Director

Less than half of directors are independent

Less than half of directors are independent

Recent updates

Third quarter 2024 earnings released: EPS: ฿0.32 (vs ฿0.91 in 3Q 2023)

Price target increased by 7.3% to ฿27.17

Upcoming dividend of ฿0.60 per share

Investor sentiment improves as stock rises 18%

Second quarter 2024 earnings: EPS and revenues exceed analyst expectations

Price target increased by 9.6% to ฿23.61

Consensus EPS estimates increase by 11%

Price target increased by 7.2% to ฿20.38

Consensus EPS estimates increase by 25%

First quarter 2024 earnings released: EPS: ฿0.89 (vs ฿0.42 in 1Q 2023)

Bangkok Airways Public Company Limited Announces Appointment of Prasert Prasarttong-Osoth as Chairman of the Board

Bangkok Airways Public Company Limited Approves Dividend Payment of the Year 2023, Payable on April 23, 2024

Bangkok Airways Public Company Limited Announces Demise of Kaset Rochananil, Chairman of the Board and Independent Director

Consensus EPS estimates increase by 27%

New major risk - Revenue and earnings growth

Upcoming dividend of ฿0.50 per share

Bangkok Airways Public Company Limited, Annual General Meeting, Apr 09, 2024

Full year 2023 earnings released: EPS: ฿1.48 (vs ฿1.01 loss in FY 2022)

Bangkok Airways Public Company Limited Proposes Cash Dividend for the Period from 1 January 2023 to 31 December 2023, Payable on 23 April 2024

Upcoming dividend of ฿0.50 per share at 6.5% yield

Bangkok Airways Public Company Limited Announces Cash Dividend, Payable on 12 December, 2023

New major risk - Revenue and earnings growth

Price target increased by 7.4% to ฿19.44

Consensus EPS estimates increase by 21%, revenue downgraded

Now 20% undervalued after recent price drop

Bangkok Airways Public Company Limited Announces Resignation of Visanu Prasarttongosoth as Director

Price target increased by 7.9% to ฿18.10

Consensus EPS estimates increase by 23%

Price target increased by 8.9% to ฿16.38

Second quarter 2023 earnings released: EPS: ฿0.32 (vs ฿0.40 loss in 2Q 2022)

Price target increased by 11% to ฿13.33

Third quarter 2022 earnings released: ฿0.19 loss per share (vs ฿3.39 loss in 3Q 2021)

Less than half of directors are independent

Consensus forecasts updated

Second quarter 2022 earnings released: ฿0.40 loss per share (vs ฿0.33 loss in 2Q 2021)

First quarter 2022 earnings: EPS and revenues miss analyst expectations

Price target increased to ฿11.54

Less than half of directors are independent

Consensus estimates of losses per share improve by 19%

Price target increased to ฿11.54

Consensus forecasts updated

Full year 2021 earnings: EPS and revenues exceed analyst expectations

Bangkok Airways Public Company Limited, Annual General Meeting, Apr 19, 2022

Third quarter 2021 earnings released: ฿3.39 loss per share (vs ฿0.76 loss in 3Q 2020)

Less than half of directors are independent

Bangkok Airways Public Company Limited Announces Temporary Suspended Routes

Price target increased to ฿7.17

First quarter 2021 earnings released: ฿0.36 loss per share (vs ฿0.16 loss in 1Q 2020)

Price target decreased to ฿5.85

Full year 2020 earnings released: ฿2.57 loss per share (vs ฿0.17 profit in FY 2019)

Bangkok Airways Public Company Limited, Annual General Meeting, Apr 19, 2021

New 90-day high: ฿7.65

Price target raised to ฿7.92

New 90-day high: ฿6.70

New 90-day high: ฿5.80

Third quarter 2020 earnings released: ฿0.76 loss per share

New 90-day low: ฿4.98

New 90-day low: ฿5.25

New 90-day low - ฿5.30

First half earnings released

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age