AOT concession revenues up by 6.49% across Thai airports

Non-aeronautical revenues accounted for 43% of the total generated by Airports of Thailand (AOT) within its HY1 fiscal year period, at the country’s 38 airports (October 2016 to March 2017).

These include the most significant civil aviation airports of Suvarnabhumi and Don Mueang in Bangkok, plus AOT’s four regional airports handling international traffic, including Chiang Mai, Phuket, Hat Yai and Mae Fah Luang-Chiang Rai.

Over the six-month period the two main airports of Suvarnabhumi and Don Mueang respectively handled 29.9m passengers (+4.36%) and 18.5m (+7.47%).

Concession revenues for the six months, including those from King Power International Group (KPIG), came in at Bht27,277.86m (+6.49%) as net profits over the same period were recorded at Bht11,496.13m (+14.26%). At the same time, EBITDA was reported at Bht17,066.87m (+6.37%).

In a statement, Airports of Thailand said: “The overall aviation industry of Thailand during October 2016 to March 2017 improved compared to the same period last year.

Chinese Tourist Numbers Increase

“The number of Chinese tourists who visited Thailand has recovered after an extreme decline around the end of the year 2016 as a consequence from the repressive measures against illegal tours by the government.

“The recovery of Chinese tourist numbers resulted from an adaption of the entrepreneurs. The entrepreneurs offered high quality tour packages which attracted potential tourists to Thailand.