State-owned Airports of Thailand expects its revenue for the fiscal year ending September 30 to decline by 10 percent due mainly to the economic slowdown and influenza A/H1N1 outbreak, according to President Serirat Prasutanond, Dow Jones reported.
"Now we're facing problems more severe than Severe Acute Respiratory Syndrome (SARS) and bird flu. The current economic slowdown and 2009 flu would pull down our revenue by 10 percent," Serirat said over the weekend.
In the first nine months of the current fiscal year, the number of flights fell 16.4 percent, while passenger numbers plunged 19 percent.
The company booked total revenue of US$646 million in the previous fiscal year ended September 30, 2008. |
