Airports of Thailand to invest $1b to expand low-cost terminal

Airports of Thailand plans to invest 36.8b baht ($1.08b) to expand its low-cost terminal at Bangkok’s Don Mueang Airport and increase passenger capacity and boost tourism income, it said late on Wednesday. Construction will begin this year and take until 2029, AOT said in a statement, adding the expansion would increase its handling capacity from 30m passengers to 40m per year. The project can “increase national income as a whole such as income from tourism, income from service sector related to tourism,” AOT said. The statement said the investment included 12 aircraft parking stands and 11 jet bridges. AOT said it would use operating cash flow for the investment. The state-owned firm operates six international airports in Thailand, including the country’s main Suvarnabhumi Airport, which can handle 45m passengers annually.<br/>
Reuters
https://www.reuters.com/article/idUSL4N35V0OJ
3/23/23