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Improving political situation offers Airports of Thailand grounds for optimism

Premium Analysis

Airports of Thailand (AoT) released its consolidated financial report for the 12 months ending 30-Sep-2009. The period in question was affected by the combined effects of an unholy alliance of the global economic crisis, the swine flu pandemic and, uniquely in Thailand's case, the political unrest that caused airports to be closed down entirely. IATA's CEO has again been canvassing for a single commercial airport in Bangkok just as the government seems, again, two have decided on two, while AirAsia's CEO advocates slashing charges for LCCs, as would be expected.

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