Suvarnabhumi King Power Duty Free
New duty free shop operator at Suvarnabhumi Bangkok Airport could be delayed
Tuesday, May 8th, 2007The selection of a new duty free shop operator at Suvarnabhumi airport could be delayed if King Power obtains court protection for its concession.
King Power is expected to ask the Administrative Court for temporary dispensation against the Airports of Thailand board’s decision to nullify its contracts to run duty-free shops and sub-lease commercial space at the airport.
The source said if the dispensation was secured it would hold up selection of a new duty-free operator and impede negotiations with small outlets now sub-leasing airport space from King Power.
Airports of Thailand is offering the outlets the chance to lease space directly from it.
King Power given 30 day deadline to remove parts of duty free outlets at Suvarnabhumi Airport
Saturday, May 5th, 2007Airports of Thailand (AOT) has given King Power International Group 30 days to remove parts of its duty free outlets at Suvarnabhumi airport which pose a safety hazard.
Airports of Thailand board member Chirmsak Pinthong said management would inform its two subsidiaries King Power Duty Free and King Power Suvarnabhumi of the deadline.
Mr Chirmsak said the deadline was based on the board’s March 22, 2007 resolution nullifying the contracts of both firms for evading the Public-Private Joint Venture Act in vying for commercial space development in the passenger terminal.
Airports of Thailand terminated King Power Duty Free’s contracts
Friday, April 20th, 2007Airports of Thailand Plc (AOT)’s board of directors resolved on Thursday (April 19, 2007) to call a new bidding for operators of duty-free shops at the Suvarnabhumi Airport, indicating an eventual end in its contracts with King Power International.
The board also agreed to have all tenants at the airport to negotiate for new contracts with AOT individually. Previously King Power had secured the concession for commercial area management.
AOT, which runs the Suvarnabhumi Airport, had nullified its deals with King Power on advice from the Council of State, arguing that King Power had violated the Public-Private Joint Venture Act.
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