THAILAND. Non-aeronautical revenues at Thailand’s key airports climbed by +9.86% year-on-year in the nine months to 30 June, according to the latest financial statements from Airports of Thailand (AoT).
Non-aeronautical revenues in the period hit Bt8.4 billion (US$280 million), with the performance lifted by robust passenger traffic and concession revenues, said AoT. The company also benefited from comparisons with 2010, when AoT offered rent relief to airlines and service providers.
Total operating revenues for the nine-month period hit Bt21.26 billion (US$710 million), up by +15.77%. Net profit climbed by +15% to Bt2.36 billion (US$78 million).
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In the third quarter to 30 June, AoT reported non-aeronautical revenues of Bt2.76 billion (US$92 million), up by +20.14% on Q3 a year ago.
Total operating revenues in Q3 climbed by +30.8% to Bt6.8 billion (US$227 million). The company reported a net loss of Bt26.77 million (US$894,000), a significant improvement on losses of Bt516.2 million (US$17 million) in Q3 2010. This comparison was largely due to last year’s measures – including a reduction in concession fees and landing charges for airlines – due to the political unrest in the country.
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