Thai Airport Authority In The Red
Category:
Tourism, Posted:27 Sep 2011 | 06:00 am
Despite surges in international and domestic passenger numbers and traffic the AoT (Airports of Thailand) turned in a loss for the period of April to June 2011.
Private sector financial analysts had been forecasting a profit for the period, but AoT has referenced losses on foreign exchange though traffic was higher than expected.
The AoT which trades on the Stock Exchange of Thailand manages a wide portfolio of airports including primary and secondary destinations in the country.