Thailand’s reopening fails to save businesses inside airports, AOT says

[webfact]

 

By Panithan Onthaworn

 

Airports of Thailand (AOT) said that business partners that had concessions granted by the company are unlikely to survive despite the country’s reopening in November.

 

This is due to lowered demand in the aviation industry that is unlikely to recover to pre-Covid levels yet. 

 

As a result, AOT announced additional relief measures late Thursday for businesses operating under concession contracts in all six of AOT-controlled airports nationwide. 

 

Full story: https://www.thaienquirer.com/35330/thailands-reopening-fails-to-save-businesses-inside-airports-aot-says/

 

-- © Copyright Thai Enquirer 2021-11-27

 

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[RichardColeman]

The excess money ripped off out of travellers by these shops I would have thought would have kept them afloat even if they never sold another 60 baht coke, flower, stale cookie or bun for about another 20 years

[CrunchWrapSupreme]

It's hardly a reopening. They're just not coming when there's: 1) Piles of paperwork, 2) Testing and possible quarantine, 3) Pricey insurance, 4) No nightlife.

[arithai12]

"Following the announcement of new relief measures, AOT stock dropped over 4 per cent to 64 baht on Friday, the lowest in two months."

 

Actually, stock markets world-wide sank yesterday and especially travel-related shares, following the new Omicron variant. Nothing to do with the AOT announcement.

[ezzra]

"reopening" really? with few ten of thousands of in coming tourists you call it reopening? and you expect those business in the airport to survive on those numbers? who puts out these, completely detached from reality statements i'd like to know...

[Orinoco]

Feel sorry for them. 

OK, it's passed now.

LOL.

[Captain Monday]

3 hours ago, RichardColeman said:

The excess money ripped off out of travellers by these shops I would have thought would have kept them afloat even if they never sold another 60 baht coke, flower, stale cookie or bun for about another 20 years

Because AOT has the merchants paying high rents under a monopoly.

The whole practice should be banned you would be amazed what a $11 Turkey sandwich at LAX

contains, like one small slice of meat and a wilted leaf of lettuce.

[sanuk711]

So is King Power going to sell the Foxes...........................................????

[fangless]

My sympathy level for these concessions is as high as their prices!

[hotchilli]

4 hours ago, RichardColeman said:

The excess money ripped off out of travellers by these shops I would have thought would have kept them afloat even if they never sold another 60 baht coke, flower, stale cookie or bun for about another 20 years

The duty free monopoly must have taken a hit.

[Gsxrnz]

<deleted>. So where else can I buy an overpriced Lolek?

 

Edit:  the <deleted> above is the English colloquialism bug-ger.  Hardly a profanity I would have thought.

Edited November 27, 2021 by Gsxrnz

[RobU]

Proof that tourists are not returning to Thailand

[zzaa09]

On 11/26/2021 at 12:41 PM, RichardColeman said:

The excess money ripped off out of travellers by these shops I would have thought would have kept them afloat even if they never sold another 60 baht coke, flower, stale cookie or bun for about another 20 years

The learning curve that all airport terminal businesses can't adhere to. 

[tomazbodner]

On 11/27/2021 at 6:55 AM, Captain Monday said:

Because AOT has the merchants paying high rents under a monopoly.

The whole practice should be banned you would be amazed what a $11 Turkey sandwich at LAX

contains, like one small slice of meat and a wilted leaf of lettuce.

Never liked LAX much, or what it had to offer. Loved sourdough sandwich at SFO... don't think it was any more expensive, but one of the best I've ever had... Overall SFO and Munich airport cuisine was very good, and actually not badly priced.

 

Completely agree with above though. The funniest to me is Warsaw airport. They have this small shop like 7-eleven... forgot the name... it has wall in the middle and sells on both sides (before and after immigration). Prices on the Poland side are reasonable... maybe 20-30% higher than shops outside airport... but the other side of the shops has all prices 5-10x higher, especially drinks which you're not allowed to take through security check... Funny enough, PAUL bakery had same prices on both sides...

Edited November 28, 2021 by tomazbodner

[MrJ2U]

Overpriced but useful in a pinch.

 

There weren't many open to begin with in the domestic area anyways.

 

Drug store and the venerable food court.

I can't remember anything else.

[kimamey]

On 11/27/2021 at 1:30 AM, Gsxrnz said:

<deleted>. So where else can I buy an overpriced Lolek?

 

Edit:  the <deleted> above is the English colloquialism bug-ger.  Hardly a profanity I would have thought.

It's easy to get caught out. It would only be an issue if you only knew one meaning for that word and that was the one related to what was once an illegal act and in some places still is. 

I got a word deleted once. I can't remember the subject but I used the phrase 'falling flat on my ar**' or 'a**' if you're American. It never even crossed my mind it might be considered inappropriate. Still I'm sure everyone understood what I meant.

 

On the issue of businesses at airports it's difficult to voice an opinion without knowing how much it costs for the concession which would affect the profits. They might have to pay a lot for transport for staff as there won't be a pool of people living locally as there is near a 7/11 for example.

 

In the UK a lot of people assume petrol stations make a lot of money from selling fuel as it's very expensive here but that isn't necessarily the case particularly for small independent sites rather than supermarket ones. That's why the smaller ones often don't allow you to pay at the pump as they need you to go into the shop and buy something to make their profit.

Edited November 28, 2021 by kimamey

[HAPPYNUFF]

Not many customers, profits down???   do the usual Thai thing, increase     your prices.