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Land price rises near Suvarnabhumi

September 7th, 2006

Land around Suvarnabhumi remains hot, with prices surging beyond the average 4% increase in Greater Bangkok during 2005-06, according to the Agency for Real Estate Affairs.

Land prices around the airport rose 6% during the period due to improving facilities and the government’s planned transport links.

The agency anticipates land prices in Greater Bangkok would rise only 3.1% next year due to the unfavourable economic conditions this year.

The prices of land near Suvarnabhumi have risen by around 47% since 1998, compared to 29.7% for plots in Bangkok.


Nok Air starts early at new airport but opts out on big day

September 6th, 2006

Nok Airlines, the budget carrier affiliated with Thai Airways International (THAI), will suspend all flights on Sept 28, partly to avoid possible chaos that could emerge from the opening of Suvarnabhumi Airport.

The suspension, which will affect 30 flights and 5,000 travellers, will also allow the airline to take stock of problems that could emerge over the previous two days when Nok Air starts early operations ahead of the airport’s opening date.

The decision to ground all of its four aircraft for one day was not made out of any concern about the safety or readiness of Suvarnabhumi Airport but rather to head off inconveniences Nok Air passengers may face, according to Sehapan Chumsai, executive vice-president for marketing.

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Transport Minister to take ambassadors tour Suvarnabhumi Airport

September 6th, 2006

Suvarnabhumi TourTransport Minister Pongsak Raktapongpaisal on Tuesday revealed that he and Foreign Minister Kantathi Suphamongkhon would take a team of more than 100 foreign envoys to observe the readiness of Bangkok’s new Suvarnabhumi Airport on Friday (September 8, 2006) before it is officially opened for commercial services on September 28, 2006.

He said the observation tour by the ambassadors of many countries to see the operation of various systems at the new airport is organized to give an assurance that the airport is now ready for its commercial services. (News by TNA)

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