23 December 2020
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AOT approved to help operators in 6 airports by reducing fixed returns, Suvarnabhumi, Don Mueang, Chiang Mai, Phuket by 20%, the remaining 15% reduction until Mar 2022. Affect next year’s income down 0.006%
Ms. Chanalai Chayakul Company Secretary Airports of Thailand Public Company Limited or AOT informed the Stock Exchange of Thailand (SET) that from the company has Has informed the guidelines to help operators at the airport under the responsibility of the operation of all six AOT due to the impact of the COVID-19 epidemic. By reducing the monthly fixed compensation benefits From February 1, 2020 to January 31, 2021 at a rate of 20% and will consider the approach to reduce the monthly fixed compensation benefits. From 1 February 2021 – 31 March 2022 proposed to the Board of Directors for further consideration, the resolution has already been informed.
In the Board of Directors Meeting No. 13/2020 on December 23, 2020, the meeting considered that The current situation of the COVID-19 epidemic There are still violence and persistent in many countries. As a result, the operators who are the parties to the company. Still affected by the situation. Therefore, in order to assist operators to continue to be able to
Able to operate business including in accordance with the government policy The meeting therefore passed a resolution approving the reduction of monthly and annual fixed compensation benefit measures to assist commercial operators at airports under the operational responsibility of the 6 companies affected by the widespread situation. COVID-19 outbreak From 1 February 2021 – 31 March 2022, considering the amount of air traffic of each airport as follows:
1. Suvarnabhumi Airport Don Mueang Airport Phuket Airport And Chiang Mai Airport 20% reduction in fixed compensation benefits
2. Hat Yai Airport And Mae Fah Luang Chiang Rai Airport, reduced the compensation fee at 15%.
3. AOT reserves the right to change, amend or cancel the conditions of assistance. Operators according to items 1 and 2, appropriate to the situation and impacts of the COVID-19 epidemic
In addition, AOT has notified the Stock Exchange of Thailand in accordance with the letter issued by AOT. AOT 14167/2020 dated 24 September 2020 that measures to assist operators and airlines
Affected by COVID-19, AOT expects revenues in 2021 to decrease from fiscal year 2020 at the rate of 42.35% and in 2022, revenues will increase from fiscal year 2021 by 188.12%. The measure to assist entrepreneurs according to item 1 and item 2 is expected to reduce AOT’s income in fiscal year 2021 at a rate of 0.006% and in the fiscal year. By 2022, revenues decreased at a rate of 0.001 percent from previously projected.
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