Airports of Thailand PCL
Airports of Thailand Public Company Limited (AOT) (Thai: บริษัท ท่าอากาศยานไทย จำกัด (มหาชน)) is a Thai public company. It manages Thailand's six international airports and will add four more airports in 2019. In 2018, it became the most-valuable airport operator in the world.
AOT headquarters, Bangkok
|Traded as||SET: AOT|
|Founded||1 July 1979|
|Headquarters||333 Cherdwutagard Road, Srikan, Don Mueang District, Bangkok, Thailand|
|Products||Airport operations and services|
|Revenue||56.74 billion baht (FY2017)|
|20.68 billion baht (FY2017)|
|Total assets||178.40 billion baht (FY2017)|
Number of employees
|Parent||Parent Organization Ministry of Transport Major holder Ministry of Finance|
Thailand's 28 regional airports are managed by the Department of Airports, a separate agency.
AOT was established on 20 September 2002, as a result of the privatisation of the state-owned Airports Authority of Thailand (AAT). At that time, the company was worth 14,285,700,000 baht. The Thai government held, and still holds, 70 percent of the company's stock.:39:41 During fiscal year 2014 AOT's average daily market capitalization was 282,321 million baht.:4
|Name||Region||2017 Statistics||2016 Statistics|
|1||Suvarnabhumi Airport (BKK)||Central||60,860,704||350,508||55,892,428||336,345|
|2||Don Mueang International Airport (DMK)||Central||38,299,757||256,760||35,203,757||244,296|
|3||Phuket International Airport (HKT)||Southern||16,855,637||106,093||15,107,185||97,813|
|4||Chiang Mai International Airport (CNX)||Northern||10,230,070||71,993||9,446,320||69,202|
|5||Hat Yai International Airport (HDY)||Southern||4,367,364||30,067||4,002,487||28,097|
|6||Mae Fah Luang–Chiang Rai International Airport (CEI)||Northern||2,503,375||17,661||2,038,389||14,432|
AOT had planned to assume management of Udon Thani International Airport, Sakon Nakhon Airport, Tak Airport, and Chumphon Airport from the Department of Airports in 2019. In August 2019, it announced that its plans had been amended; it would assume control of Udon, Tak, Buriram, and Krabi airports, leaving Sakon Nakhon and Chumphon to the DOA. DOA is resisting the change as Udon and Krabi are its money-making airports; Nakon Sakhon and Chumphon are not.
Thailand's six AOT airports saw growth in passenger traffic of 21.3 percent in 2015, setting a new record of just under 110 million passengers. Aircraft movements—take-offs and landings—grew in tandem by 16.6 percent from the previous year to 727,750. The growth is expected to continue through 2016 with AOT projecting an 11 percent increase in combined passenger throughput. Air freight moved through the airports remained largely stagnant in 2015, with a marginal 0.63 percent increase to 1.38 million tonnes, reflecting sluggish global trade.
AOT is budgeting 220 billion baht in 2018 for the creation of two new airports and the expansion of four existing airports owned by the Department of Airports. AOT intends to build Chiang Mai 2 in Lamphun Province and Phuket Airport 2 in Phang Nga Province. The four regional, DOA-managed airports that AOT wants to control are the Buriram, Tak, Krabi, and Udon Thani airports.
- Companies/Securities in Focus: AOT The Stock Exchange of Thailand
- "Companies/Securities in Focus; AOT: AIRPORTS OF THAILAND PUBLIC COMPANY LIMITED". SET. Stock Exchange of Thailand. Retrieved 31 December 2016.
- "Annual Report 2015 Airports of Thailand Public Company Limited" (PDF). AOT PLC. Airports of Thailand PLC. Retrieved 23 Jan 2016.
- "AoT to take control of four airports". Bangkok Post. 2019-01-24. Retrieved 2019-01-26.
- Hongtong, Thodsapol (23 August 2019). "Department of Airports protests Krabi airport bid". Bangkok Post. Retrieved 23 August 2019.
- "World's Most-Valuable Airport Operator Is Now in Thailand". Bloomberg. Retrieved 5 January 2018.
- "Annual Report 2017; Beyond the Boundary" (PDF). Airports of Thailand PLC. 2018. Retrieved 28 July 2018.
- "Airports of Thailand PLC for the Fiscal Year 2015 (Oct 2014–Sep 2015)" (PDF). AOT Investor Relations Center. Airports of Thailand PLC. Retrieved 16 February 2015.
- AOT Air Traffic Calendar Year 2017 (Jan-Dec 2017) Airports of Thailand
- Kositchotethana, Boonsong (2016-02-01). "AoT airports set new record in passenger traffic". Bangkok Post. Retrieved 1 February 2016.
- Sritama, Suchat (29 July 2018). "Bursting the Tourism Bubble". Bangkok Post. Retrieved 4 August 2018.