The Latest Breaking News from AOT

RECAP: Asian stocks resumed their declines yesterday after a slump in US tech stocks and more economic data supporting the case for the Federal Reserve to keep raising interest rates set a downbeat tone.

The "Sawasdee by AoT" app, which provides airport and flight information, will be transformed into a super-app that offers a broad range of tourism-related services as the number of passengers at six AoT airports is expected to hit 90 million next year, says app developer Sky ICT Plc.

RECAP: Asian shares declined yesterday, as continued interest rate hikes and a steadfast hawkish stance by major central banks fuelled global recession worries and sapped risk sentiment, driving US and European markets down.

Airports of Thailand (AOT), the world's largest airport operator in terms of market capitalisation, has returned to the spotlight this year as the reopening of borders to tourists has led to skyrocketing passenger arrivals.

Following confusion at Phuket airport on Thursday night, with flight delays and runway closures causing hundreds of passengers to miss their late-night departures to Bangkok, related parties have reportedly learned their lesson and should be able to avoid repeating such mistakes again, according to a local business leader.

Airports of Thailand Plc (AoT) plans to work with the ride-hailing app Grab to solve the shortage of taxi services at both Suvarnabhumi and Don Mueang airports.

Six airports under the Airports of Thailand's (AoT) management -- including the capital city's main international gateways at Don Mueang and Suvarnabhumi airports -- may face operational chaos in the next couple of months if staff numbers fail to keep up with the increased demand for air travel.

RECAP: Asian markets fell again yesterday and the dollar extended gains amid a global sell-off fuelled by growing recession fears as central banks around the world ramped up interest rates to fight decades-high inflation.

August was good to the Stock Exchange of Thailand with the index moving up 62.52 points, or 4% month-on-month, to close at 1,638.93 points. Average daily turnover improved significantly, climbing 21% to 70.7 billion baht, from only 58.3 billion in July.

The Transport Ministry defended the transfer of the management of three regional airports to the Airports of Thailand as part of its budget-saving plan, insisting it is not a sale of state assets.

The cabinet on Tuesday approved the take over by Airports of Thailand (AOT) of Udon Thani, Buri Ram and Krabi airports from the Department of Airports, and the 9-billion-baht expenditure to develop them.