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Saturday, May 4, 2024

Airports operator expects to turn profit next fiscal year

Air travel returning to pre-covid levels.

Travellers pack Bangkok’s Suvarnabhumi airport on April 10 this year, ahead of the Songkran festival. (Photo: Wichan Charoenkiatpakul)

Airports of Thailand Plc expects to break even this fiscal year and return to profit the following year as air travel returns to pre-covid levels.

AoT president Kerati Kijmanawat said on Monday that domestic air traffic had already fully returned to normal and international traffic was back at 70% and was increasing.

Aviation was recovering, travel demand was growing and all airlines were operating at full capacity. The sector expected to return to pre-covid normalcy in 2024, he said.

Mr Kerati expected international services…

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