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Compensation improved for property owners affected by aircraft noise

Wednesday, May 23rd, 2007

The airport management committee, chaired by Interim Prime Minister Surayud Chulanont, yesterday agreed to improve compensation for property owners affected by aircraft noise at Suvarnabhumi airport. Deputy Transport Minister Sansern Wongcha-um said the committee agreed with a proposal by Airports of Thailand (AOT) to exclude depreciation costs from expropriation compensation and add marketing margins of 10-20% for non-house buildings and 20-30% for affected houses. The measures would raise compensation by 22%.

This is a preview of Compensation improved for property owners affected by aircraft noise. Read the full post (224 words, estimated 54 secs reading time)



Airports of Thailand to cancel Suvarnabhumi Airport hotel contract

Tuesday, May 22nd, 2007

The management contract for the airport hotel at Suvarnabhumi will be cancelled because the contractor was unqualified to win it in the first place, an informed source said. The board of the Suvarnabhumi airport hotel, headed by Airports of Thailand chairman General Saprang Kalayanamitr, decided yesterday to void the contract of Universal Hospitality Joint Venture, which runs the Novotel Suvarnabhumi Airport hotel.

Airports of Thailand board found that the bidding terms for the management rights of the hotel prohibited a joint venture from vying for the contract because a joint venture is not a juristic entity under the Civil Code and this could pose legal problems.

This is a preview of Airports of Thailand to cancel Suvarnabhumi Airport hotel contract. Read the full post (351 words, estimated 1:24 mins reading time)



Airports of Thailand seeking a new President

Wednesday, May 9th, 2007

Airports of Thailand Plc (AOT) is seeking a new chief executive by offering an attractive remuneration package including monthly pay close to one million baht.

The state-controlled airport operator is accepting applications until May 29 for the position of president.

The successful candidate will assume the hot seat temporarily held by Kulya Pakakrong, vice-president for planning and finance, who assumed the role after Chotisak Asapaviriya resigned in February, 2007. Mrs Kulya has made it known that she does not intend to seek the presidency and will return her old job when a replacement is found.

This is a preview of Airports of Thailand seeking a new President. Read the full post (339 words, estimated 1:21 mins reading time)



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Novotel Suvarnabhumi Airport Hotel