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Non-aviation services could make more revenue for AoT

Tuesday, September 5th, 2006

Airports of Thailand Plc (AoT) is aiming to sharply increase its revenue from non-aeronautical sources, which could overtake contributions from its current main money-spinners aircraft landing and parking fees.

The operator of Thailand’s six international airports is working to raise the percentage of non-aeronautical revenue from 40% at present to 50% in the next fiscal year, and to 60% of its total in three to four years.

Instrumental to the strategic change will be revenue from Suvarnabhumi Airport where charges such as space rentals, service charges, concession fees and profit sharing have been the subject of criticism from airlines, retailers and other tenants.

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