THAILAND. Airports of Thailand (AOT) confirmed today that it expects traffic across its six airports to reach 2019 levels by fiscal year 2023. The company has revised its projections for the next two years but maintained its original forecast from June that overall passenger volumes would exceed last year’s 141.8 million by 2023.
For fiscal 2021 (to 30 September next year) AOT anticipates serving 47.91 million passengers. In fiscal 2022, passenger traffic should rise to 110.88 million.
The total passenger volume handled by AOT airports in fiscal 2020 was 72.64 million, a -48.8% decrease compared to 2019.
AOT said that international traffic recovery would lag behind domestic growth for the next two years due to continued restriction on arriving travellers and quarantine measures.
As reported, AOT concession revenues for the year to September fell by -53.3%, hitting Bt8,164.77 million (US$269 million). The company said the decline in income from duty free and other commercial services was a key factor.
