Airports of Thailand

Airports of Thailand Public Company Limited (AOT) (Thai: บริษัท ท่าอากาศยานไทย จำกัด (มหาชน)) is a Thai public company. It manages Thailand's six international airports and will add four more airports in 2019.[4][5] In 2018, it became the most-valuable airport operator in the world.[6]

This article is about the state-owned company. For airports in Thailand in general, see List of airports in Thailand.
Airports of Thailand
ท่าอากาศยานไทย
TypeGovernment-owned Public
SET: AOT
IndustryServices[1]
Founded1 July 1979 (1979-07-01)
Headquarters333 Cherdwutagard Road, Srikan, Don Mueang District, Bangkok, Thailand
Key people
  • Prasong Poontaneat (Chairman)
  • Nittinai Sirismatthakarn (President)
ProductsAirport operations and services
Revenue 64.99 billion baht (FY2019)[2]
25.02 billion baht (FY2019)[2]
Total assets 198.38 billion baht (FY2019)[2]
Number of employees
6,044 (2015)[3]:59
ParentParent Organization Ministry of Transport Major holder Ministry of Finance
Websiteairportthai.co.th

Thailand's 28 regional airports are managed by the Department of Airports, a separate agency.

AOT was established on 20 September 2002, as a result of the privatisation of the state-owned Airports Authority of Thailand (AAT). At that time, the company was worth 14,285,700,000 baht. The Thai government held, and still holds, 70 percent of the company's stock.[7]:39[3]:41 During fiscal year 2014 AOT's average daily market capitalization was 282,321 million baht.[8]:4

AOT's fiscal year (FY) runs from 1 October–30 September, thus AOT's FY2018 was from 1 October 2017 – 30 September 2018.[8]:9

AOT airports

AOT operates the following airports in Thailand:[8]:3 The statistics are shown for calendar years.

NameRegion2018 Statistics[9]
PassengersMovements
1Suvarnabhumi Airport (BKK)Central63,379,077369,476
2Don Mueang International Airport (DMK)Central40,758,148272,361
3Phuket International Airport (HKT)Southern18,221,525118,280
4Chiang Mai International Airport (CNX)Northern10,989,86978,210
5Hat Yai International Airport (HDY)Southern4,256,10729,203
6Mae Fah Luang–Chiang Rai International Airport (CEI)Northern2,867,28920,072
Total140,472,015887,602

AOT had planned to assume management of Udon Thani, Sakon Nakhon Airport, Tak, and Chumphon Airport from the Department of Airports in 2019.[4] In August 2019, it announced that its plans had been amended; it would assume control of Udon Thani International Airport, Tak Airport, Buriram Airport, and Krabi International Airport, leaving Sakon Nakhon and Chumphon to the DOA. DOA is resisting the change as Udon and Krabi are its money-making airports; Sakon Nakhon and Chumphon are not.[5]

Statistics

Thailand's six AOT airports saw growth in passenger traffic of 21.3 percent in 2015, setting a new record of just under 110 million passengers. Aircraft movements—take-offs and landings—grew in tandem by 16.6 percent from the previous year to 727,750. The growth is expected to continue through 2016 with AOT projecting an 11 percent increase in combined passenger throughput. Air freight moved through the airports remained largely stagnant in 2015, with a marginal 0.63 percent increase to 1.38 million tonnes, reflecting sluggish global trade.[10]

Plans

AOT is budgeting 220 billion baht in 2018 for the creation of two new airports and the expansion of four existing airports owned by the Department of Airports. AOT intends to build Chiang Mai 2 in Lamphun Province and Phuket Airport 2 in Phang Nga Province. The four regional, DOA-managed airports that AOT wants to control are the Buriram, Tak, Krabi, and Udon Thani airports.[5][11]

References
  1. Companies/Securities in Focus: AOT The Stock Exchange of Thailand
  2. "Companies/Securities in Focus; AOT: AIRPORTS OF THAILAND PUBLIC COMPANY LIMITED". SET. Stock Exchange of Thailand. Retrieved 8 Feb 2020.
  3. "Annual Report 2015 Airports of Thailand Public Company Limited" (PDF). AOT PLC. Airports of Thailand PLC. Retrieved 23 Jan 2016.
  4. "AoT to take control of four airports". Bangkok Post. 2019-01-24. Retrieved 2019-01-26.
  5. Hongtong, Thodsapol (23 August 2019). "Department of Airports protests Krabi airport bid". Bangkok Post. Retrieved 23 August 2019.
  6. "World's Most-Valuable Airport Operator Is Now in Thailand". Bloomberg. Retrieved 5 January 2018.
  7. "Annual Report 2017; Beyond the Boundary" (PDF). Airports of Thailand PLC. 2018. Retrieved 28 July 2018.
  8. "Airports of Thailand PLC for the Fiscal Year 2015 (Oct 2014–Sep 2015)" (PDF). AOT Investor Relations Center. Airports of Thailand PLC. Retrieved 16 February 2015.
  9. AOT Air Traffic Calendar Year 2018 (Jan-Dec 2018) Airports of Thailand
  10. Kositchotethana, Boonsong (2016-02-01). "AoT airports set new record in passenger traffic". Bangkok Post. Retrieved 1 February 2016.
  11. Sritama, Suchat (29 July 2018). "Bursting the Tourism Bubble". Bangkok Post. Retrieved 4 August 2018.

Media related to Airports of Thailand at Wikimedia Commons

This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.