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Thai airports operator's greed may kill hub, says international group.

Bangkok Post (Bangkok, Thailand)

| September 07, 2004 | COPYRIGHT 2004 Bangkok Post. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Sep. 7--The International Air Transport Association (IATA) has sharply criticised Airports of Thailand Plc (AoT) for its plan to raise airport charges, warning that it could erode the country's competitiveness in the regional aviation business.

Representatives also expressed strong doubts that Suvarnabhumi International Airport would open next year, saying delays of 12-18 months were more likely.

IATA officials and airline executives met yesterday in Bangkok to discuss local aviation trends, with many criticising AoT as a monopoly that is unreasonable and unhelpful to airlines and related partners.

"Out of all the traumas that happened last year, AoT still managed to make a 50 percent profit margin and wants to add ...

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Source: HighBeam Research, Thai airports operator's greed may kill hub, says international group.

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