Bangkok Airways Announces THB 2.3 Billion Airport Expansion Plan to Boost Samui and Trat Airports Amid Aviation Recovery
[August 22, 2024, Koh Samui, Thailand] — Bangkok Airways has announced plans to invest THB 2.2-2.3 billion over the next two to three years to expand and upgrade its Samui and Trat airports. This investment aims to enhance the airports' capacity and service levels, positioning them to capitalize on the ongoing recovery in global aviation. The Samui Airport, receiving a significant THB 1.5 billion investment, will be the focus of this expansion.
Supporting Global Aviation Recovery
As global travel demand rebounds, Bangkok Airways reported a strong financial performance in the first quarter of 2024, with a net profit of THB 1.87 billion, up 113.7% from the same period last year. The airline’s management stated that this expansion is a strategic move to leverage the opportunities presented by the aviation industry's recovery and to ensure that their airports can better serve the increasing number of travelers.
Strategic Expansion of Samui Airport
Samui Airport is a key asset for Bangkok Airways, currently offering direct access to 20 destinations across 27 routes, including 19 domestic and 8 international routes. As the main revenue contributor for Bangkok Airways, the airport will undergo significant expansion with an investment of THB 1.5 billion, aimed at enhancing its capacity and service quality. This will further solidify Samui’s position as a major tourism and aviation hub.
Upgrading Trat Airport
The budget for upgrading Trat Airport is set between THB 700-800 million. The expansion will enhance Trat's strategic importance in the Southeast Asia region, boosting Bangkok Airways' competitive edge and contributing to the economic development of Trat province by attracting more tourists to this emerging destination.
About Bangkok Airways
Bangkok Airways is a leading Thai airline known for its high-quality service and extensive route network. The company has a strong presence in both domestic and international markets, particularly in Southeast Asia. Bangkok Airways is committed to providing exceptional travel experiences while continuously upgrading its infrastructure to meet market demands and industry shifts.
(Citation: thaizhonghua.com)