AOT board approved purchase of 73 condo units in Samut Prakan from the MoF to compensate people affected by noise from airport operations worth ~Bt151m. Comment: That’s interesting….was King Power an owner of all these units? CFARM eyes double digits revenue growth target driven by larger egg farm capacity at 15.88m chickens p.a., new cage […]
Read More →AOT holds briefing after board meets to discuss King Power Duty Free’s request to surrender concessions at Phuket, Chiang Mai and Hat Yai airports at 2:45pm. AOT plans to hire advisers to review the operations under its management, AOT plans to hire advisers to review the operations under its management, an analysis will be completed […]
Read More →ADVANC, GULF, JAS secure exclusive rights for Thai Football League broadcasts for the next 4 seasons till 2029, includes an option for a 2-year extension. Comment: It does feel that Gulf is slowly chopping away at the stranglehold that CP group has had with True. AOT: Emirates launch 2 new routes via BKK-Danang & BKK-Siam […]
Read More →APCO in talks Nigeria prtnr to expand health supplement biz in Africa, expects to secure OEM ords to supply 12 items at first phase, ink deal in Jun. AOT: Austrian Airlines will increase flights frm Vienna to BKK, operating double daily services for an upcoming winter flight scheduled frm Oct till Apr 2026. AWC & […]
Read More →AOT to lure private sector to develop 46 pieces of land around its 6 airports, covering 2,152 rais or 993 acres to diversify rev mix from the current 55:45 (aero : non-aero) Comment: If they do more shopping malls…it’d be ridiculous. One hopes that they actually develop something that is more outdoor active focused – […]
Read More →AOT will start the search for a new CEO as incumbent Kerati Kijmanawat has submitted his resignation, effective April 24, citing personal reasons. Comment: Mr. T & friends want their folks in charge so they can handle kickbacks…I mean .. this is what a little birdy said .. I mean .. I am of the […]
Read More →AGE sees no impact from coal sale target this year at Bt13b, from Bt17b overall revenue target, solid EVs business, sales’ expected to reach Bt2b this yr, while plan to transform into holding co to finish early next year. Comment: “No impact to coal sales” I believe I read somewhere that every form of energy […]
Read More →AOT: United Airlines to add daily flights to VN and TH starting on Oct 26, flights will be departing from LA & San Francisco to HK on their way to BKK & Ho Chi Minh. Comment: From memory, the number of planes in the skies today are still less than pre-wuflu days. GULF, a merged […]
Read More →AOT recorded 11.1m travelers @ its 6 airports in Feb, +4% yoy. Foreign tourist arrivals -0.4% in the week ended Mar 16, with 8.3m total YTD, +3.9% yoy. Comment: There is zero issue with tourism to Thailand…and just wait until there’s more capacity available…the issue for AOT is the link to King Power whom hasn’t […]
Read More →AOT: liquidity problem on King Power duty free is expected to weigh on future earnings due to uncertainty of rental fee collection, potential provision, tabloid. Comment: Didn’t realise that even King Power has CF issues (there is a good conspiracy theory I’ve heard…you may use your own imagination…) PLANB: board approved acquisition of digital billboard […]
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