Thailand's leading real estate agent

Provincial Airports Set For Overhaul

By on Sep 18, 2014 in Hotel-Tourism, Property News

The Civil Aviation Department is drawing up commercial development plans for 28 provincial airports in a bid to strengthen their operations and take advantage of the growth of budget airlines.

The model for each airport will be based on studies currently being carried out by a consultancy firm, department deputy chief Seri Chitsopha said yesterday.

The number of air passengers passing through each facility will be the decisive factor in classifying the airports into commercialised groups, he said.

The classifications will range from crowded, average patronage and low patronage to airports currently not being served by commercial airlines.

The consultancy firm is expected to deliver its findings to the department this month, Mr Seri said.

It will give advice on different investment options the aviation department can use for each provincial airport.

The department may have private companies lease and run some of the airports, or companies could make a joint investment with the state, Mr Seri said.

No companies have so far shown any interest in the joint commercial development of the provincial airports. However, Mr Seri believes the continuing growth of budget airlines, along with the importance of developing the airports to provide better services to low-cost airlines, will prove attractive to potential investors.

The department’s aim is to make the 28 airports self-sufficient, he said.

At present, only six of the airports earn adequate revenue, which is due mainly to the high number of passengers they handle each year.

For the full article click here

Finding villa or apartment for rent in Thailand

Source | Bangkok Post 14 September 2014

Nora has been in the Corporate Communications arena for a number of years. Nora's role is to communicate all newsworthy items that are of a PR nature.

No comment


emailSubscribe Via Email

Privacy guaranteed. We will not share your information.

Follow Me on Twitter

Follow Me on Facebook

Subscribe via RSS Feed

Copyright © 2021 CBRE (Thailand) Co., Ltd. All Rights Reserved.