AOT demonstrated strong performance by announcing a net profit of 4.6 billion baht in the first quarter, following a clear global tourism recovery that pushed passenger numbers past 34 million. The company is moving forward with a major revenue restructuring and plans to adjust the outbound passenger service charge (PSC) by mid-2026.
Ms. Paweena Jariyathitipong, President and CEO of Airports of Thailand Public Company Limited (AOT), revealed that in the first three months of fiscal year 2026 (from October to December 2025), AOT’s total revenue from aviation operations was 8,863.27 million baht, an increase of 58.85 million baht or 0.67 percent compared to the previous year. Total revenue was 17,332.42 million baht, with a net profit of 4,652.62 million baht.
Regarding air traffic volume at the six airports under AOT’s management — Suvarnabhumi, Don Mueang, Chiang Mai, Mae Fah Luang Chiang Rai, Phuket, and Hat Yai airports — there were 208,281 total flights, an increase of 1.82 percent from the previous year. Of these, 116,594 were international flights and 91,687 were domestic flights. Total passenger numbers reached 34.47 million, up 2.50 percent year-on-year, comprising 20.92 million international and 13.55 million domestic passengers.
The increase in passengers has significantly raised infrastructure utilization rates, with some airports nearing full capacity constraints. This highlights the urgent need to expand the capabilities of all six airports to accommodate future growth. Upon completion by 2034, the airports will have a combined capacity to serve approximately 214.5 million passengers per year, ensuring stable long-term growth for passenger and flight volumes.
Simultaneously, AOT is proactively restructuring its revenue streams to ensure sustainable growth by boosting aeronautical revenue through airline incentive programs that encourage flights to AOT airports, stimulating new routes and increased flight frequencies. It also plans to adjust the outbound passenger service charge (PSC) appropriately, expected to take effect by mid-2026, which is projected to strengthen AOT’s financial position by over ten billion baht. Additionally, AOT is accelerating the restructuring of non-aeronautical revenue by developing commercial areas around its airports through private sector investment to diversify income and reduce reliance solely on aviation business. Approved projects include an electric bus charging station at Suvarnabhumi Airport with over 40 million baht investment, upcoming bids for 17 rai of land at Hat Yai Airport valued at over 75 million baht, and opening investment opportunities in diverse activities such as hotels and mixed-use developments, enhancing passenger experience with modern, comprehensive facilities.
Ms. Paweena concluded that the outlook for the remaining nine months of fiscal year 2026 remains positive, aligned with the ongoing recovery in tourism and increased flight frequencies from domestic and international airlines returning to normal levels. This will likely drive revenue growth in both aeronautical and non-aeronautical businesses. AOT commits to managing costs efficiently while investing in infrastructure development per its master plan to support the rising number of passengers and flights over the long term. The company aims to maintain a strong, sustainable revenue structure, balancing the interests of all stakeholders, thereby supporting AOT’s role in driving the economy and establishing Thailand as a stable and sustainable regional aviation hub.
Read the news " Government Policy " for more information.