webfact Posted May 13, 2021 Share Posted May 13, 2021 By Chris Madden in Asia/Pacific, Financial News, Latest News, Regions The company has delivered regular measures to assist concessionaires during the pandemic Airports of Thailand (AOT) reported a 79% drop in concessions revenue for the last six months. The figures, for the period of October to March, showed the company’s six airports recording revenue of 2.491bn Baht ($79.5m), this marks a 79.67% drop on the previous year. The figures for the last quarter are equally challenging, with a 76.6% reduction in concessions revenue year-on-year. The amount which concessions revenue contributed to the business was also reduced during the period. In the last quarter, concessions revenue accounted for 30% of AOT’s non-aeronautical revenue, in the same quarter last year it accounted for 58%. Full story: https://www.dfnionline.com/latest-news/airports-thailand-concession-revenue-drops-79-13-05-2021/ -- © Copyright DFNI Online 2021-05-14 - Whatever you're going through, the Samaritans are here for you - Follow Thaivisa on LINE for breaking COVID-19 updates Link to comment Share on other sites More sharing options...
nkg Posted May 13, 2021 Share Posted May 13, 2021 (edited) oops Edited May 13, 2021 by nkg Link to comment Share on other sites More sharing options...
Cali farong Posted May 13, 2021 Share Posted May 13, 2021 I don’t get it? Why would they throw Farang in jail for being in airport shops ? 1 Link to comment Share on other sites More sharing options...
Popular Post ThailandRyan Posted May 13, 2021 Popular Post Share Posted May 13, 2021 What a tragic consequence of Covid. The poor AOT is loosing money. What about the others outside of the airports like restraunts and businesses that have closed. Why should AOT be spared closing and shutdown. Time for them to be bailed out like Thai Airways. 3 Link to comment Share on other sites More sharing options...
Popular Post tonray Posted May 13, 2021 Popular Post Share Posted May 13, 2021 Their prices have been about 79.6 % higher than what they should be...so they should be breaking even 2 1 2 Link to comment Share on other sites More sharing options...
Pattaya Spotter Posted May 13, 2021 Share Posted May 13, 2021 The Chidchob Faction money machine has dried up. 2 Link to comment Share on other sites More sharing options...
Popular Post Fex Bluse Posted May 14, 2021 Popular Post Share Posted May 14, 2021 47 minutes ago, ThailandRyan said: What a tragic consequence of Covid. The poor AOT is loosing money. What about the others outside of the airports like restraunts and businesses that have closed. Why should AOT be spared closing and shutdown. Time for them to be bailed out like Thai Airways. Agree. I'm also SUPER concerned for King Power. I really hope it's doing ok. 1 10 Link to comment Share on other sites More sharing options...
clivebaxter Posted May 14, 2021 Share Posted May 14, 2021 9 minutes ago, Fex Bluse said: Agree. I'm also SUPER concerned for King Power. I really hope it's doing ok. Hopefully they will win the FA cup on Saturday ???? 1 Link to comment Share on other sites More sharing options...
ThailandRyan Posted May 14, 2021 Share Posted May 14, 2021 17 minutes ago, Fex Bluse said: Agree. I'm also SUPER concerned for King Power. I really hope it's doing ok. I walk by their large building on Rama III almost daily and it is like a Ghost town. 2 Link to comment Share on other sites More sharing options...
mikebell Posted May 14, 2021 Share Posted May 14, 2021 Hard to see where the other 21% is coming from? Staff discounts? 1 1 Link to comment Share on other sites More sharing options...
Pedrogaz Posted May 14, 2021 Share Posted May 14, 2021 I can't help but conceal a smile. Karma in action. 1 1 Link to comment Share on other sites More sharing options...
DefaultName Posted May 14, 2021 Share Posted May 14, 2021 Of all the troubled businesses that I'm sorry for, King Power is WAY down the list. After all the negative publicity, I was always crateful to walk widely around their shops. 1 Link to comment Share on other sites More sharing options...
ThailandRyan Posted May 14, 2021 Share Posted May 14, 2021 2 hours ago, mikebell said: Hard to see where the other 21% is coming from? Staff discounts? Exports? Lol Link to comment Share on other sites More sharing options...
Mr Meeseeks Posted May 14, 2021 Share Posted May 14, 2021 1 1 Link to comment Share on other sites More sharing options...
jonclark Posted May 14, 2021 Share Posted May 14, 2021 Whilst I agree that those at the top of the AOT concession pyramid deserve scant sympathy. It is important to remember that the bulk of the employees (and those employed in the support service roles) are regular Joes, like you, I and the rest of the population. And it those people that bear the brunt of the economic fallout of this pandemic. Not the execs and shareholders in their ivory towers. Link to comment Share on other sites More sharing options...
Clarkey611 Posted May 14, 2021 Share Posted May 14, 2021 Only 79%? Link to comment Share on other sites More sharing options...
bangon04 Posted May 14, 2021 Share Posted May 14, 2021 10 hours ago, Fex Bluse said: Agree. I'm also SUPER concerned for King Power. I really hope it's doing ok. yes it is KING POWER that we feel the most sympathy for. Such a national icon. 1 Link to comment Share on other sites More sharing options...
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