Airports of Thailand suffers more losses over higher expenses, low travel demand

[webfact]

 

By Panithan Onthaworn

 

State-run Airports of Thailand (AOT) reported a bigger net loss for the fourth quarter of 2021, dragged down by expenses on the duty-free lawsuit and weak passenger volume amid the ongoing Covid-19 pandemic. 

 

AOT booked a net loss of 4.27 billion baht, up 24 per cent year-on-year, for the first quarter of its 2022 fiscal year ending in December 2021. 

 

The company is the operator of Thailand’s six international airports, namely Suvarnabhumi, Don Mueang, Chiang Mai, Mae Fah Luang-Chiang Rai, Phuket, and Hat Yai Airport.

 

Full story: https://www.thaienquirer.com/37419/airports-of-thailand-suffers-more-losses-over-higher-expenses-low-travel-demand/

 

-- © Copyright Thai Enquirer 2022-02-11

 

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[RandiRona]

But aleast hospitals and hospitels made record profits....

[Isaan sailor]

Virus hurdles and high Baht the one-two punch to tourism and the economy in general.  Hope better days lay ahead.

[bangon04]

Let us hope they do not make budget savings on maintenance and safety......

[garyk]

I have been traveling with no, to very minor inconvenience. Planes were packed and new jets were being added to the fleets. 

Reading headlines like this is so strange. But, reading the rules to enter Thailand as a tourist is even stranger. 

Edited February 11, 2022 by garyk

[internationalism]

yet they heavily invest in airports expansion, projecting 120mln for BKK and 40mln incomers.

 

Not forgetting that chitchob from the bhumathai party is a transport minister and that the leader of that same party, dr a nut in, main investment is construction and cement production.

The biggest, grandiose and useless the government project is, the biggest chance for backhands.

Chitchob hasn't got any transport expertise (same as dr anutin in health), but they got those posts simply for joining military coalition 

[steven100]

can you give TAT a call to discuss the numbers please 

[chalawaan]

They once smashed my laptop on an over crowded security screening belt feed. Due to negligence and or incompetence, and wouldn't let me go to my flight until I absolved them in writing in the damage report,  making it pointless to claim insurance. So, som nom freaking na!!! Suck it up. Corrupt Jerks.