AOT awaits cabinet approval for three major airport master plan projects

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โดย HoonVision·Read original
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Airports of Thailand Public Company Limited, or AOT, is awaiting cabinet consideration to approve its long-term investment master plan, which comprises three key projects: the Suvarnabhumi Airport south-side development project worth approximately 200 billion baht, the East Expansion project with an investment budget of around 12 billion baht, and the Don Mueang Airport development phase three. The Ministry of Transport has already submitted the plan to the cabinet and is currently refining additional engineering details before seeking final approval. Miss Pavina Jariyathitipong, AOT's President, told Stock Vision news team that AOT has set a conservative passenger target for 2026 at 125.9 million, close to the previous year's figure, to reflect global economic uncertainties. The company is also pushing forward with new international routes, recently launching a Dubai–Don Mueang service by FlyDubai and increased flights by Vietnam Airlines, and aims to promote additional direct routes to North America during the winter flight schedule. Furthermore, AOT is prioritizing the resolution of slot squatting by discussing fair slot management with major airlines, and is in talks with the Immigration Bureau to install more biometric identity verification machines to reduce congestion. Meanwhile, the third ground service provider and cargo warehouse project at Suvarnabhumi Airport, operated by Airports of Thailand Ground Services Company Limited, is awaiting final cabinet approval, with a decision expected within the next week.

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Off-coverage companies 2

flydubaiPrivate▲ Positive
Demandrelevance

AOT mentions launching a Dubai–Don Mueang service by FlyDubai, indicating new route demand for the airline.

Vietnam AirlinesPrivate▲ Positive
Demandrelevance

AOT mentions increased flights by Vietnam Airlines, indicating growing route demand.