Thai-based Bangkok Airways reported a net profit of THB1.57 billion ($44.5 million) for 1Q 2016, up THB487.9 million (44.9%) from the year-ago period. Quarterly revenue rose 15.5% to THB7.8 billion in 1Q 2016. The airline was profitable in 2015, and continues to return solid results from niche marketing of regional short-haul destinations that connect to codeshare majors—such as Dubai-based Emirates Airline, Australian flag carrier Qantas, Russia’s Aeroflot and ...

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