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Article

AN ASSESSMENT OF A CORPORATIZED AIRPORT COMPANY REVENUE STREAMS: PART 1 - AIRPORTS OF THAILAND AERONAUTICAL REVENUES

DOI: 10.7708/ijtte2021.11(4).07


11 / 4 / 580 - 596 Pages

Author(s)

Glenn Baxter - School of Tourism and Hospitality Management, Suan Dusit University, Huahin Prachaup Khiri Khan, Thailand, 77110 -

Panarat Srisaeng - School of Tourism and Hospitality Management, Suan Dusit University, Huahin Prachaup Khiri Khan, Thailand, 77110 -


Abstract

In the global airport industry, airports typically earn revenues from two discrete sources; aeronautical revenue and non-aeronautical revenues. Also, airport operator may manage a network of airports that service the territory or alternatively only some of these airports. This study has examined the trends in the Airports of Thailand PLC, an airport network operator, aeronautical revenues for the period 2005 to 2019. The study was underpinned by a qualitative longitudinal research design. The data collected for the study was examined by document analysis. The case study revealed that the Airports of Thailand PLC (AOT) aeronautical revenues have grown substantially throughout the study period. Aeronautical revenues have averaged around sixty per cent of the company’s annual revenues. The Airports of Thailand PLC (AOT) three aeronautical revenue sources all grew strongly over the study period. The most significant growth was recorded in departure passenger service charge revenue (+369.82%), followed by aircraft service charge revenue (+169.56%), and aircraft landing and parking charge revenues (+128.08%). The strong growth in passenger volumes and the growth in aircraft movements underpinned the significant increases in the company’s aeronautical revenues.


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