AOT will start the search for a new CEO as incumbent Kerati Kijmanawat has submitted his resignation, effective April 24, citing personal reasons. Comment: Mr. T & friends want their folks in charge so they can handle kickbacks…I mean .. this is what a little birdy said .. I mean .. I am of the […]
Read More →AGE sees no impact from coal sale target this year at Bt13b, from Bt17b overall revenue target, solid EVs business, sales’ expected to reach Bt2b this yr, while plan to transform into holding co to finish early next year. Comment: “No impact to coal sales” I believe I read somewhere that every form of energy […]
Read More →AOT: United Airlines to add daily flights to VN and TH starting on Oct 26, flights will be departing from LA & San Francisco to HK on their way to BKK & Ho Chi Minh. Comment: From memory, the number of planes in the skies today are still less than pre-wuflu days. GULF, a merged […]
Read More →AOT recorded 11.1m travelers @ its 6 airports in Feb, +4% yoy. Foreign tourist arrivals -0.4% in the week ended Mar 16, with 8.3m total YTD, +3.9% yoy. Comment: There is zero issue with tourism to Thailand…and just wait until there’s more capacity available…the issue for AOT is the link to King Power whom hasn’t […]
Read More →AOT: liquidity problem on King Power duty free is expected to weigh on future earnings due to uncertainty of rental fee collection, potential provision, tabloid. Comment: Didn’t realise that even King Power has CF issues (there is a good conspiracy theory I’ve heard…you may use your own imagination…) PLANB: board approved acquisition of digital billboard […]
Read More →AOT’s expected to report after close Bt5.75b 1Q25 (ending Dec24), +23% yoy, on recovery in passenger and flight volumes. ATP30 eyes 10% FY25 revenue growth target driven by larger shuttle fleet clients base yoy, to branch out from industrial clients to tourism sector to diversify earnings, expand sector covers, mulls expand fleet size to 760 […]
Read More →AOT: Transport Ministry sees surged demand for flight slots for an upcoming summer schedule from Mar 30 till Oct 26, expects govt new measures attract more international arrival & spur demand for domestic travels. CCET reported Jan 25 electronics components sales at $366.95m, +4.76% mom, +18.7% yoy. Comment: Refer to the Taiwan listed entity to […]
Read More →AOT: Lufthansa extends A380 flights from Munich to BKK until Apr 29 to accommodate strong passenger booking during Songkran Fest Apr 13-15 & Easter holiday in Europe (Apr 20). EGCO reported 640mw Yunlin offshore windfarm in Taiwan now fully operational, estimate Bt2b p.a. income generating from 26.56% interest in the project (170mw) over the first […]
Read More →AOT: Etihad to open link from UK to 7 Asian cities via its Abu Dhabi hub, will start direct flight to Krabi from Oct 2025 follow by Chiang Mai from Nov. Comment: Etihad vs Emirates, lfg! tourism will continue to boon in Thailand. BA sees advance booking from 4Q24 till end of 1H25 +12% yoy, […]
Read More →AOT mulls revising up passenger service charges (PSC) both domestic & international from current Bt130 & Bt730/passenger at 6 airports under management, expects to open bid for Suvarnabhumi cargo and East terminal expansion by end of 1Q25. Comment: And there’s no reason why they won’t do it…just more and more cashflow straight to the bottom […]
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