Airports of Thailand (AOT) has expressed its confidence in reaching its passenger target of 95 million for the year 2023, attributing the optimistic outlook to the rapid recovery of the tourism sector.
AOT, the entity responsible for managing six major airports in the country, has announced that the nation is on track to achieve the significant milestone of 95 million passengers across its airport network this year. Kirati Kitmanawat, the Chief Executive Officer of AOT, revealed that during the first eight months of the 2023 fiscal year, which began in October 2022, a total of 66.38 million passengers passed through AOT-managed airports.
This notable figure reflects a remarkable year-on-year growth of 170.4%. The majority of the passengers, numbering at 34.31 million, were international travelers, marking an extraordinary expansion of 635.7%. Additionally, the number of domestic passengers recorded during the same period stood at 32.06 million, displaying a substantial growth rate of 61.3%.
AOT has set an ambitious target of 95 million passengers for 2023, followed by an even more robust goal of 142 million passengers next year, aligning with the pre-pandemic levels of air travel.
To further enhance its capacity, AOT is preparing to commence trials of the new satellite concourse (SAT-1) at Bangkok Suvarnabhumi Airport in September. The introduction of SAT-1 will provide an additional 216,000 square meters of passenger area, further accommodating the rising demand for air travel. In addition, AOT has reported a profit of 2 billion baht in the first half of this year, highlighting its financial resilience during these challenging times.
The positive outlook presented by AOT reflects the steady resurgence of Thailand’s tourism sector, as international and domestic travelers resume their journeys. With a robust recovery trajectory and strategic infrastructure investments, AOT remains steadfast in its commitment to providing world-class airport services while supporting the country’s economic growth and prosperity.