AOT said passengers thru its six airports reached 38m in 1Q19, +4.49% yoy, largely driven by a rebound of Chinese arrivals. Foreigners travelers 23.194m +5.3%, domestic passenger 15.539m -1.2% yoy. Comment: Just wait for next year’s numbers, I wouldn’t be surprised to see another +20% jump in Chinese tourists AU target 15% revenue growth this […]

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Button down, tighten those seat belts, we’re going to see the aftermath of the Coronation of His Majesty the King. What is going to happen on the 9th May? Despite my personal opinions it looks like Prayuth et al shall be forming a weak coalition government. But could there be a twist? Let’s see, volatility […]

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