Tuesday, January 27, 2009

Airports of Thailand will cut landing and parking fees by 20% from Feb. 1 to Sept. 30

Airports of Thailand will cut landing and parking fees by 20% from Feb. 1 to Sept. 30 in an effort to boost tourism, President Serirat Prasutanont said last week, according to Reuters. The operator expects to lose some THB400 million ($11.4 million) in revenue. AOT reported a THB7.32 billion profit in its fiscal year ended Sept. 30, 2008.

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