Founded in 2002, Airports of Thailand Public Company Limited’s core activities are management and development of international airports.
AOT runs Suvarnabhumi, Don Mueang, Chiang Mai, Chiang Rai, Phuket and Hat Yai international airports.
Their traffic accounted for more than 780,000 flights in 2016.
AOT’s income is drawn from two streams, aeronautical and non-aeronautical revenue.
The majority, 56% of revenue, is sourced from aeronautical income, which comes from aircraft landing and parking charges, passenger service charges and aircraft service charges, that is, fees paid by airlines for use of boarding bridges.
The remaining 44% comes from non-aeronautical revenue and comprises property rental from airlines, government agencies and concession tenants. It also covers fees for items such as check-in counter and airline announcement services. The last portion of non-aeronautical revenue comes from concession fees collected from duty-free shops, food and beverage outlets, airline catering concerns, car parks and advertising.
Suvarnabhumi Airport in Bangkok is Thailand’s main aviation hub, with a capacity of 45m passengers annually. Suvarnabhumi and Don Mueang airport in Bangkok together account for about 80% of AOT’s total passenger throughput.
Prasong Poontaneat was appointed Chairman of AOT in 2014. He is also the current Chairman of Export-Import Bank of Thailand. His education consists of B.B.A., LL.B, M.B.A, and Ph.D. from four different universities in Thailand.
Nitinai Sirismatthakarn has served as President, Director and Secretary of Board of Directors along with other roles within AOT. He is also a Director at Bangkok Aviation Fuel Services Public Company Limited. He completed his Bachelor’s degree in Economics at Chulalongkorn University, Thailand, his Master’s Degree and other certificates at University of Southern California, US, and a Ph.D. in Economics from Florida State University, US.
World Class Benchmarking
Profitable Growth has been excellent at top ranks since 2013. AOT ranked among the best 148 out of 1,480 large Industrials companies worldwide.
Profitability has been a major driver of Profitable Growth and has exhibit identical rankings. Growth has flucutuated in its rankings over the past years.
Asset utilization has consistently been ranked the worst in contrast to Profit margin which has consistently maintained its top rank.
Sales growth experienced a drop to #5 in the past 12 months, but not as severe as in 2014. Margin change has had huge swings in the past and ranked #4 in the past 12 months.
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