Airports of Thailand acting president Somchai Sawasdeepon said passenger numbers through its six airports increased 11.9% year-on-year to 74.3 million in 2012 including 28.3 million domestic and 46 million international passengers. The airport operator, according to reports from Thai News Agency and Bangkok Post, attributed the growth to a surge in international tourism flows and the growth of LCCs. Thailand’s major airports also handled 496,749 aircraft movements in 2012, up 10.5%. Domestic movements reached 221,327 while international movements reached 275,422. Bangkok Suvarnabhumi Airport remained the nation’s busiest airport with 51.5 million passengers and 312,493 movements, followed by Phuket Airport with 9.4 million passengers and 60,457 movements. Mr Sawasdeepon said the growth momentum in 2012 is expected to continue in 2013, forecasting annual passengers of 78 million and aircraft movements of 540,000.
Thai airports handle 74.3 million pax in 2012, growth momentum to continue in 2013
You may also be interested in the following articles...
Thai VietJet Air Part 1: Becomes fourth LCC in Thailand’s intensely competitive domestic market
Thai VietJet Air, cross border JV of Vietnam-based VietJet, launched scheduled services on 15-Sep-2016, becoming the fourth LCC in Thailand’s already intensely competitive domestic market. Over the past three years VietJet has faced multiple delays in launching its joint venture in neighbouring Thailand, and will now confront huge challenges in establishing a significant presence on trunk routes.
VietJet will be competing in Thailand against three much more established LCC groups in AirAsia, Lion and Nok. In comparison VietJet has faced relatively limited competition in Vietnam, where it is only one of two LCCs since commencing operations at the end of 2011.
VietJet needs to diversify beyond the Vietnamese market to support its order book, which now includes approximately 200 aircraft, and its growth aspirations. However, Thai VietJet represents a risky project just as the group moves forward with its IPO plans.
Vueling NEXT Part 2: new CEO to lead IAG's LCC in restructuring bid to achieve IAG targets
Vueling's new CEO, Javier Sanchez-Prieto, is leading a programme ('Vueling NEXT') to improve its profitability, both through revenue enhancement and cost efficiency gains. Among other aims this hopes to reduce Vueling's high levels of seasonality, to raise aircraft utilisation and to improve labour productivity. Given ambitious financial targets by IAG – action is needed.
Part 1 of CAPA's analysis of Vueling examined its capacity growth and profitability trends since its acquisition by IAG in 2013. Vueling's operating margin and return on invested capital are on a downward trend, hence the new initiative to reverse these trends.
This second part of CAPA's analysis considers the profit improvement programme. During this programme Vueling's fleet will remain broadly flat to 2018, before resuming growth thereafter. Focus markets for Vueling are domestic Spain and Spain-Europe. It has strengths in these markets but faces growing competition from its lower-cost rival Ryanair, which has also been raising its service quality – closing the gap to Vueling's more premium positioning on the LCC spectrum.