On Bloomberg last week they put up a quick article on AOT. It’s a well-known fact that tourism is one of the few bright spots for Thailand for the past …. forever. And there is only one pure play for it and that is AOT. The problem however is that it is the most expensive airport stock in the region at the moment.

The company is planning for 90 million passengers annually at the city’s main Suvarnabhumi Airport by 2022 and 40 million at Bangkok’s low-cost hub Don Mueang International Airport, up from the present combined capacity of 75 million, President Nitinai Sirismatthakarn said. The firm operates four other airports, including in tourism hot-spot Phuket.

Source: Bloomberg