The Latest Breaking News from AOT

Airports of Thailand (AOT), the world's largest airport operator in terms of market capitalisation, has returned to the spotlight this year as the reopening of borders to tourists has led to skyrocketing passenger arrivals.

Following confusion at Phuket airport on Thursday night, with flight delays and runway closures causing hundreds of passengers to miss their late-night departures to Bangkok, related parties have reportedly learned their lesson and should be able to avoid repeating such mistakes again, according to a local business leader.

Airports of Thailand Plc (AoT) plans to work with the ride-hailing app Grab to solve the shortage of taxi services at both Suvarnabhumi and Don Mueang airports.

Six airports under the Airports of Thailand's (AoT) management -- including the capital city's main international gateways at Don Mueang and Suvarnabhumi airports -- may face operational chaos in the next couple of months if staff numbers fail to keep up with the increased demand for air travel.

RECAP: Asian markets fell again yesterday and the dollar extended gains amid a global sell-off fuelled by growing recession fears as central banks around the world ramped up interest rates to fight decades-high inflation.

August was good to the Stock Exchange of Thailand with the index moving up 62.52 points, or 4% month-on-month, to close at 1,638.93 points. Average daily turnover improved significantly, climbing 21% to 70.7 billion baht, from only 58.3 billion in July.

The Transport Ministry defended the transfer of the management of three regional airports to the Airports of Thailand as part of its budget-saving plan, insisting it is not a sale of state assets.

The cabinet on Tuesday approved the take over by Airports of Thailand (AOT) of Udon Thani, Buri Ram and Krabi airports from the Department of Airports, and the 9-billion-baht expenditure to develop them.

Airports of Thailand (AoT) is expecting to see massive profit growth in 2024 -- as much as double that posted in 2019 -- as long as China drops its strict travel restrictions, which will help bring global aviation demand back to pre-pandemic levels.

The aviation industry is making a recovery from the impact of the Covid-19 and Airports of Thailand (AoT) expects to see a full recovery in passenger traffic to pre-pandemic levels by the end of 2024.

The blueprint of the East Expansion project to enlarge the eastern section of Suvarnabhumi airport's main terminal will be adjusted to increase the handling capacity of the country's main gateway by 15 million passengers a year in three years, says the Transport Ministry.