Air traffic

Public Thailand Airports: Air Traffic Forecast Based on Coronavirus Disease 2019 (COVID-19) Outbreak Impact Assessment (June 2022 Edition)







– Translation –

No. 8486June 23, 2022

Subject: Air traffic forecasts based on the impact assessment of the coronavirus disease 2019 (COVID-19) outbreak (June 2022 edition)

To: President,

The Stock Exchange of Thailand

Reference: Letter from Airports of Thailand Public Company Limited No. 14539/2021, dated October 20, 2021

Reference is made to the letter from Airports of Thailand Public Company Limited (AOT) to the Stock Exchange of Thailand (SET), noting the adjustment of air traffic forecast (the October 2021 edition) based on the evaluation of the impact of the coronavirus disease 2019 ( COVID-19) epidemic situation during the fiscal years 2022 – 2024.

The AOT Board of Directors, during meeting no. 7/2022 held on Wednesday June 22, 2022, decided to take note of the air traffic forecasts (June 2022 edition) based on the analysis of ‘impact

of the COVID-19 outbreak and other relevant situations, as clarified by the AOT with the following details:

  1. After the publication of the air traffic forecast (October 2021 edition), significant factors affecting passenger travel, especially for international passengers, have been discovered. They consist of political factors, including the reopening policy which was affected by the Omicron outbreak
    at the end of December 2021, thus leading to a drop in airport slots for airlines and load factors,
    and external factors, including the reopening policies of countries, in particular the People’s Republic of China, the global economic recovery and the war in Ukraine. For all these reasons, a revision of the air traffic forecasts is therefore necessary to ensure that they are in line with the evolution of situations and environments using the actual number of passengers in 2022 as well as the allocation of airport slots. for the winter schedule in October 2022 (high tourist season in fiscal year 2023) which has not been fully recovered, especially flights from the People’s Republic of China.
  2. Based on the above assumption and factors affecting air traffic volumes, AOT has therefore produced Air Traffic Forecasts (the June 2022 edition) to be used in support of
    its operation. In fiscal 2022, AOT expects a total number of 45.60 million passengers and 402,970 flights, a recovery of 33% and 45%, respectively, compared to those of fiscal 2019 (before the emergence of the COVID-19 outbreak). For fiscal years 2023 and 2024, AOT forecasts a total number of 95.70 and 141.51 million passengers, representing a recovery of 68% and 99%, respectively. AOT also forecasts the total number of 664,796 and 892,414 flights, the recovery of 74% and 99%, respectively,

333 out of 10210

333 Cherdwutagard Road, Srikan, Don Mueang, Bangkok 10210, Thailand WEBSITE: http://www.airportthai.co.th

Telephone: 66(0) 2535-1192

Such

: 66(0) 2535-1192

Phone: 66(0) 2535-4061

Fax

: 66(0) 2535-4061

Phone number 0107545000292

Registration number 0107545000292

2

at the same level as those of the 2019 financial year (before the outbreak of the COVID-19 epidemic). However, for the examination of air traffic forecasts, there are still more important factors

which need to be closely watched, for example, the reopening policy of the People’s Republic of China, the likelihood of new infections of COVID-19 variants or other epidemics as well as the critical impacts of the Russian-Ukrainian war.

Please be informed accordingly.

Cordially,

SHANALAI CHAYAKUL

Corporate Secretary

Authorized person

The General Secretariat and Corporate Governance Department

Such. 0 2535 5261

Fax. 0 2535 5189

Disclaimer

AOT – Airports of Thailand pcl published this content on June 23, 2022 and is solely responsible for the information contained therein. Distributed by Audienceunedited and unmodified, on Jun 23, 2022 08:44:06 UTC.

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