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Airports of Thailand board rejects plan to sell its stake in Airport Associate Co

Friday, March 9th, 2007

The board of Airports of Thailand (AOT) yesterday rejected a plan put forward by the company’s management to sell its 10% stake in Airport Associate Co (Asso) to end legal difficulties.

The AOT management proposed the share sale to Car Mac Co, which holds the remaining 90% stake in Asso, in the meeting of the AOT board members chaired by Gen Saprang Kalayanamitr.

The sale of AOT‘s 10% stake proposed by the company’s management could bring in nearly four million baht.




Airport Link railway system from Bangkok’s inner city to Suvarnabhumi airport – News Update

Monday, March 5th, 2007

The State Railway of Thailand (SRT) is in dire need of 18 billion baht as the payment is due in November for the Airport Link railway system that will connect the city to Suvarnabhumi airport.

Suthon Jetketkan, chief of the SRT’s electric railway office, said the SRT would have to pay 18 billion baht to the creditor bank that financed the 30-billion-baht Airport Link project. The instalment is due on Nov 5. The deadline is the completion date of the 990-day railway construction contract.




Nok Air will move all flights from Suvarnabhumi Airport to Don Muang Bangkok Airport on March 24

Sunday, March 4th, 2007

Nok Air will shift all of its 58 daily flights from Suvarnabhumi Airport back to Don Muang (Former Bangkok International Airport) on March 24, 2007, one day ahead of the Don Muang airport‘s official reopening.

Nok Air, the Thai Airways International subsidiary, will provide eight check-in and three ticket-sales counters there at Don Muang. Two of the ticketing counters will be located on the departure level and the other one in the arrival hall.

Nok Air official informed yesterday that two flights from Hat Yai, two from Phuket, one from Nakhon Si Thammarat and one from Chiang Mai were scheduled to land at Don Muang on the night of March 24, 2007.




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