Airports to avoid losses: AoT chiefSuvarnabhumi is one of the airports operated by Airports of Thailand Plc. (Bangkok Post photo)The Airports of Thailand (AoT) is unlikely to post losses in the current fiscal year, despite the devastation caused by the Covid-19 pandemic, says its president, Nitinai Sirismatthakarn. Mr Nitinai said that during those first four months of the fiscal year, AoT reported profits of 10.9 billion baht, adding: "I don't think AoT will see losses this year or the losses will be small. AoT is currently handling 500-600 passengers returning from overseas each day, compared with a daily average of 400,000 passengers at its six airports before the Covid-18 pandemic. He added that AoT would on July 29 consider a Thai AirAsia proposal to move its hub back to Suvarnabhumi and if that went ahead, it would affect the second airport's earnings.

Source: Bangkok Post July 13, 2020 22:41 UTC