IDEAS

    Thailand to cut airport landing, parking fees

    BANGKOK – Airports of Thailand (AOT) AOT.BK is to cut landing and parking fees for airlines by 20 percent in a bid to bolster tourism, hit by the closure of Bangkok’s two airports late last year, its president said. 

    State-controlled AOT, which operates six airports in the country, will run its campaign from Feb. 1 to Sep. 30 and expects to lose income of about 400 million baht ($11.5 million), Serirat Prasutanont told reporters late on Wednesday.

    The campaign is a part of government measures to attract visitors and restore the country’s lucrative tourist industry after the eight-day closure of Suvarnabhumi and Don Mueng airports by anti-government protesters until Dec. 3 last year.

    That caused the cancellation of flights and stranded hundreds of thousands of foreign visitors, damaging tourism, which accounts for 6 percent of gross domestic product.

    AOT posted revenue of 22 billion baht and a net profit of 7.32 billion baht in its financial year ending September 2008.

    AOT told the stock exchange it would hold a shareholders’ meeting on Friday to appoint a new board after directors stepped down on Jan. 20 following a change of government.

    MikiMo
    MikiMo
    I have spent the past 15 years in the travel industry. Today focused on promoting different ways of traveling, I'm in the process of creating few travel websites, which will be launched shortly. I have a great passion for travel and the travel industry. My goal here atTtripOutlook is to connect to other proffessionals in the travel industry and to exchange experience.

    Related Stories

    spot_img

    Discover

    12 Best Travel Destinations for Travel Photographers

    Travel photographers love to visit the best destinations in the world to capture them...

    French Alps: The 6 Most Beautiful Places to Ski,...

    1. Chamonix, Haute-Savoie The famous rack railway that departs from Chamonix takes you to the...

    Bought a Vacation Home? Here’s How to Wake Up...

    Tips for Improving the Outdoor Space at Your Vacation Property

    Best Adventures to Try in Europe

    When you are planning to break the monotony of your daily grind you need...