AH’s board approved dissolution of Hyundai Motor Thailand (20% holding), MHTH has not been operation since April 1,2023, no impact on the ongoing operation of the company AOT will extend service hours of Chiang Mai International to 24-hr in November from current 6am till midnight from Nov 1, Thai Vietjet adding direct flight from Chiang […]
Read More →AH sets up subsidiary, Able EV, to expand auto dealership business for Changan. AOT upbeats 1Q24 earning (Oct-Dec23) from passenger traffic thru airports on seasonal, higher capacity yoy after cod-ed SAT-1 on September, higher OCC for commercial area, upside from rent hike. Comment: Having just been to the airport and going upcountry, it still appears […]
Read More →AOT: Thai Vietjet will resume cross-country direct flights from Phuket-Chiang Rai starting Oct 29 to capture rising number of leisure travelers in both cities. Comment: Not sure that’s a popular flight route, nonetheless a positive to see more flights in the air. CCET announced RO 4.6b shares, 1:0.7863 @ Bt1.5/share, XR Oct 10, subscription from […]
Read More →AOT: Civil Aviation Authority (CAAT) affirms readiness of DMK airport to accommodate high season, handling capacity 57 flights/hr. able to cope with increased flight slots. Comment: The issue isn’t in TH, the issue is that China is isolating itself and making life difficult for citizens to easily fly overseas, and that incredible India doesn’t have […]
Read More →AOT: Transport Minister mulls propose Royal Thai Air force to obtain vacant flight slots to accommodate commercial flights on an upcoming high season. Comment: As Queen ML says “this looks like they’re getting ready to announce a huge capex for AOT” CPF & BTG are expected to turnaround in 4Q as domestic swine selling price […]
Read More →AOT’s gathering info on Bt36b 3rd phase upgrade of Donmuang airport, target 50m pax/year, with bidding in 2024 and COD in 2029. AOT sees fiscal 2023, ending Sept 30, 2023, pax exceeding 120m at 6 of its airports, 25% higher than forecast, with 170K/day at Suvarnabhumi alone. Comment: More economic activity coming. BJC delays BigC’s […]
Read More →AOT: Cambodia LCC, Sky Angkor, resumed twice-daily flights to BKK (DMK) from Aug 25. ASIAN’s exploring exporting seafood products to China after it imposed ban on Japan products, sees 3Q turnaround from higher sales to US & EU, wider margin from higher utilization rate, expects pet food pick up in 4Q. Comment: Well the Chinese […]
Read More →AGE upbeats 3Q earnings from recovery coal sales vol & improved selling price, keeps 4m tons FY sales volume target, allots Bt110m to upgrade logistic & IT, credit cost expects to improve aft TRIS upgrade rating to BBB- from BB+ in June. Comment: They are still going to $hit cash due to the high coal […]
Read More →AOT: Civil Aviation Authority (CAAT) to finalize SIA’s flight slots for winter schedule (last Sun of Oct-last Sat of Mar) by end of Aug, expects to fills additional 436 flights/d compare to last year, SAT-1 terminal will be launched in a soft opening in Sept. Comment: This is the what happens when you shutdown the […]
Read More →AOT sees 20% rise in passenger during a 6-day holidays (only for civil servants). Rabbit Cash, a venture co of BTS/AEONTS/HUMAN, debut digital wellfare lending, instant credit approval within 3 mins via AI credit screening, installment period from 6-36 months, 1.25% interest/month (effective rate). Comment: Ok anyone else fed up with this “AI” bullshit? It’s […]
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