Thai aviation sector bounces back

Thai aviation sector bounces back

The resurgence of Thailand’s tourism industry over the past year has translated into substantial gains for airlines and tourism businesses listed on the Stock Exchange of Thailand (SET), reported the local news site The Nation.

Southeast Asia - Mon, Dec 22, 2021 | 11:30 am GMT+7

Thailand strives to be among top 10 global aviation hubs

Thailand strives to be among top 10 global aviation hubs

Thai Prime Minister Srettha Thavisin unveiled a "Thailand Vision 2030" on Friday, with a commitment to promoting the country into a regional aviation hub by 2030, which can handle more than 150 million international passengers each year.

Southeast Asia - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam Airlines earns $3 bln revenue in 2022

Vietnam Airlines earns $3 bln revenue in 2022

The national flag carrier Vietnam Airlines achieved revenues of VND72,359 billion ($3 billion) in 2022, reaching 121% of the year plan and VND3,900 billion ($165 million) higher than the combined sum in 2020 and 2021.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Airport developer ACV posts 10-fold profit increase

Airport developer ACV posts 10-fold profit increase

The Airports Corporation of Vietnam (ACV) reported a pre-tax profit of VND7,561 billion ($320 million) in 2022, up 10 times year-on-year, thanks to the air transport market's recovery after two years of a pandemic-induced hiatus.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Upgrade plan scheduled for Cam Ranh int'l airport

Upgrade plan scheduled for Cam Ranh int'l airport

A VND24,311 billion (over $1 billion) upgrade plan is proposed for Cam Ranh International Airport in tourism hotspot Khanh Hoa as demand far exceeds passenger capacity.

Infrastructure - Mon, Dec 22, 2021 | 11:30 am GMT+7