THAILAND. Airports of Thailand (AOT) is to extend a range of assistance measures for concessionaires and airlines affected by the COVID-19 outbreak at the six airports covered by the authority – Bangkok Suvarnabhumi, Bangkok Don Mueang International, Phuket International, Chiang Mai International, Hat Yai International and Mae Fah Luang-Chiang Rai International.
In January, AOT had extended credit terms to its partners covering concession rents as well as office and state property rents, terminal and building service charges, landing and parking charges, and aircraft service charges. This assistance was due to run out in August.
In a meeting this week, the AOT Board approved a further extension of relief as follows.
Concession charges
For periodic payments during February – July 2020, an additional five-month credit term of payment, totalling a 23-month credit term (from 18 previously), shall apply. For periodic payments during August – December 2020, an additional five-month credit term of payment, totalling a 17-month credit term, shall apply.
Office and state property rents, terminal and building service charges, landing and parking charges, and aircraft service charges
For periodic payments during April – July 2020, an additional five-month credit term of payment, totalling a 23-month extension, shall apply. For periodic payments during August – December 2020, an additional five-month extension, totalling a 17-month credit term of payment, shall apply.
The Board also approved instalment payments for these packages to aid its partners.
As reported, AOT had already introduced a -20% reduction in fixed monthly concession charges from 1 February 2020 to 31 January 2021. In December 2020, those measures were extended until 31 March 2022, with some variance (dependent on passenger traffic) at different locations.
