AOT: TAT anticipates surge in tourists arrival in 2H after collab with airlines to offer holiday pkg or special airfare for long-stay travelers, Air Canada agreed to launch long-stay airfares btw Vancouver-BKK from Oct. For EU winter schedule, Iberojet, a Spanish-Portuguese charter, will operate 7 charter flights a week between Madrid & BKK, Condor, German […]
Read More →AOT’s firm on solid 2H24 (April – Sept), pax at 6 airports to exceed 120m target, sets 140m target next year, pre-covid level, mulls seeking board approval for interim dividend, while bids for 3rd ground operators to start in Jul, with AOTGA to participate, sees Bt2-3b revenue from 3rd phase expansion at Donmuang to cater […]
Read More →AOT: Spanish LCC, Iberojet, will begin a weekly flight Madrid-Bangkok (SIA) as its first destination in Asia, start on May 30th, will increase twice-weekly flights in early Oct. Comment: And you doubt Thailand’s tourism renaissance. KBANK sees debt service ability of top 50 corporate clients remain strong, discontinued unsecured p-loan to prevent surge in bad […]
Read More →AOT: Philippines LCC, Cebu Pacific, will boost flights to BKK with a 3-weekly service from Manila to BKK (DMK) staring July. Comment: Does this indicate a demand for additional service sector employees? DOHOME: sees strong qtd 2Q from recovery demand for home improvement products, sets Bt1b capex to add 8 stores & revamp existing outlets. […]
Read More →AOT reported 7 days passenger traffic via 6 airports under management during Songkran fest (Apr 11-17) +22.7% yoy to 2.49m travelers, aircrafts movement +15.3% yoy to 14,934 flights. Comment: And voila….2025 is going to be higher. And people still don’t believe it yet. ASW anticipates 2Q turnaround from completion of 4 condos total Bt6.6b, tailwind […]
Read More →Random Thoughts…given I read a tonne of research papers…notes…etc…I’m going to start dumping thoughts, notes here, will try to source/date…remember don’t invest based upon my ramblings, instead follow the worst piece of advice ever created by the investment industry…do your own homework. Emphasis always mine. Source/date: Tchart (maybe?) 8 April 2024 DMK Duty Free Space […]
Read More →ABM: AGE raised holding by 0.2802% to 5.24% on Mar 28. Comment: Why is AGE buying into a loss-making, above BV bio mass co? AOT: Coral Finest Business Class Lounge (Cocoon), International Concourse C, SIA received Pioneer of the Year award from Priority Pass for unique & innovative services, Miracle Lounge Domestic Concourse D, SIA […]
Read More →AOT’s price hike on Passenger Service Charges: PSC at 6 airports under management t effective today (Apr 1), international departure revised to Bt730 from Bt700 & domestic departure to Bt130 from Bt100. Comment: That’s a hefty jump in % terms for domestic. BA in talks 2 airline partners for codeshare agreement, expects to conclude in […]
Read More →AOT sees passenger thru Suvarnabhumi airport at 180K/day, with 60% rise in Chinese tourists in Mar, may exceed 141.84m this year target. Services along the MRT Yellow Line, operated by BTS, were suspended from early morning til midnight yesterday after parts from the monorail’s tracks fell on to the road below, damaging several vehicles. BTS […]
Read More →AOT: Korean Air resumes daily flights on Busan-BKK route from Apr 25 aft suspended nearly 4 years due to pandemic. AWC sees year-to-date average OCC >80% across hotels portfolio, MICE segment >90%, strong booking to continue in April supported by Songkran fest, booking of 3 hotels in Chiang Mai remain strong in April, sees no […]
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