AOT reports 49 per cent loss in passenger number due to the COVID-19 impact as second wave of Chinese tourists arrive

Airports of Thailand Plc (AOT) revealed that its passenger number had decreased by 48.8 per cent year-on-year to 72.6 million in the 2020 fiscal year starting from October 1, 2019 to September 30, 2020.

AOT operates six affiliated airports which are Suvarnabhumi, Don Mueang, Chiang Mai, Hat Yai, Phuket, and Mae Fah Luang-Chiang Rai Airports. All of them have been affected by the halt in air travel due to the spread of COVID-19.

The recent passenger number can be divided into 37.4 million of international passengers (down 55.4 per cent year-on-year) and 35.1 million of domestic passengers (down 39.2 per cent year-on-year).

According to the report, there were a total of 515,185 flights, a 42.5 per cent drop year-on-year. International flights made up less than half of that number with 244,511 flights while there were 270,674 domestic flights.

Suvarnabhumi Airport recorded the biggest passenger number at 30.7 million, decreased by 52.4 per cent year-on-year, followed by Don Mueang Airport with 22.2 million passengers, decreased by 45.7 per cent.

AOT’s shares traded at 53.75 baht per share on Tuesday’s afternoon break at 13.05 p.m., equal to its prior price, with a transaction value of 871.14 million baht.

Second group of tourists

Last Tuesday, a group of 41 Chinese tourists from Shanghai arrived at Suvarnabhumi Airport in Thailand under the Special Tourist Visa (STV) granted to boost the tourism businesses.

As of Tuesday, the second group of 145 Chinese tourists from Guangzhou has also arrived in Thailand via China Southern Airlines CZ3081 along with 118 foreign businessmen and another 16 Thai returnees.

The airport authorities said that they would still strictly follow the coronavirus screening test and insisted that all incoming passengers must go through the Alternative State quarantine (ASQ) measures for 14 days.

Stock Price Info

Stock Fundamental

Peer Comparison

Stock Price Chart

COVID-19

Infighting between the public health ministry and the BMA is slowing Thailand’s Covid response

Disagreements and infighting between the Ministry of Public Health and the Bangkok Metropolitan Administration has intensified in recent days...

Latest article

Infighting between the public health ministry and the BMA is slowing Thailand’s Covid response

Disagreements and infighting between the Ministry of Public Health and the Bangkok Metropolitan Administration has intensified in recent days as both try to charter...

Opinion: The prime minister should stop blaming media for poor vaccine sentiment and introspect

Prayut told his government on Tuesday to keep an eye on people who were peddling fake news about coronavirus vaccines.What he should actually tell...

Republished: An Oral History of the Red Shirt Protests

Ten years ago, today, a bloody crackdown by the government ended the Red Shirt protest that had blockaded downtown Bangkok for weeks.Armored vehicles,...

Daily Covid death toll hits 35 in new record

The daily death toll in the coronavirus pandemic continued to climb with a new record high of 35 on Tuesday.The previous record was 34...

Sinovac review by Thai superstar Chompoo Araya goes viral

Influential star Araya “Chompoo” A. Hargate was going viral again Tuesday, this time for sharing her experience of receiving the government-approved Sinovac vaccine.Prompted by...