AAV’s parent co, Capital A, considering joint invest w/ AOT to expand DMK phase 2 & 3 cover cargo, (Maintenance, Repair, Overhaul: MRO), propose govt to reduce excise tax on jet oil from current Bt4.726/ltr as well as fees for aeronautical & psx services. Comment: How is this not going to be amazingly bullish for […]
Read More →AAV: Stock jumped 8.4% y’day after Cabinet approves tourism incentives that starts from Oct 29th to Dec 15th. (Hoonsmart) Comment: Low oil prices, forget Chinese, #’s of flights and occ are still good. ADVANC rolls out campaign and smart living pdts to boost sales at Thai Mobile Expo event Oct 23-26, debut new service, AIS […]
Read More →AAV launches three new international routes from Bangkok: Almaty, Sendai, and Riyadh; will take delivery of 2 A330 aircraft in 4Q; domestic routes BKK–Chiangrai and BKK–Nakhonsithamarat start 1 Oct. Comment: At one point this should be an interesting trade…I thought it was the case a few months ago…let’s see. AIS: Thailand Cyber Wellness Index 2025 […]
Read More →AAV launches three new international routes from Bangkok: Almaty, Sendai, and Riyadh; will take delivery of 2 A330 aircraft in 4Q; domestic routes BKK–Chiangrai and BKK–Nakhonsithamarat start 1 Oct. Comment: At one point this should be an interesting trade…I thought it was the case a few months ago…let’s see. AIS: Thailand Cyber Wellness Index 2025 […]
Read More →AAV: mulls increase proportion of domestic flights to increase market share and capitalize opportunity from domestic tourism stimulus, keeps FY passenger target between 23m-24m travelers, will revise figures after 2Q results. Comment: Weaker oil prices + domestic stim + bombed out share price = hello! CKP: anticipates big jump yoy as May flow rate at […]
Read More →AAV keeps FY psx t/g ~23-24m, adding 6 aircrafts tally to 66 planes to strengthen mkt share in competitive routes, lower oil px open upside to margin, will review annual t/g aft eo-2Q. Comment: As long as oil stays low, margin improvement. CPN to launch 9 new pjs woth Bt16b, including a luxury single-detached house […]
Read More →AAV: launches new route: Phuket-Medan, Indonesia, offering 4 weekly flights connecting world largest volcanic crater lake and beach town. Comment: Medan is the smuggling capital of Indonesia. I don’t see why it’s a connection point other than to placate a few wealthy folks (or could it be for labour?) why do I think this? Having […]
Read More →AAV said overall Chinese arrivals this year will be closer to 6m, after only ~1.5m recorded in 1Q, and vs TAT’s target of 8m, urging Government to deal with sluggish Chinese market. Comment: Still not bad given the situation. BKI target FY25 insurance premium +8% yoy to Bt34.2b (motor Bt14.7b & non-motor Bt19.5b), in talks […]
Read More →AAV will add 3 direct routes from BKK (SIA) from Jul 1 to Narathiwat south bordering Malaysia, Surat Thani (mainland port town depart for Samui Island) and Buriram. AMATA sets FY25 industrial land sales target at 3500 rai or 1,400 acres, +15% yoy, 50% out of 8,400 acres backlog scheduled to transfer this year, ensuring […]
Read More →AAV will resume BKK (DMK) – Sydney route, offering 6 flights weekly effective Dec 1, adds Fly Thru option on connecting flights out of BKK to Phuket, Chiang Mai, Krabi & internationally to Danang, Chennai, Bangalore & Ahmedabad, will also increase weekly flights to Tokyo to 18, Osaka 14, Sapporo 7, Nagoya 3, Seoul 14 […]
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