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AOT Submits Plan to Resolve King Power Duty-Free Contract Dispute
AOT Submits Plan to Resolve King Power Duty-Free Contract Dispute
MONDAY, OCTOBER 06, 2025
Paweena Jariyathitipong, acting president of Airports of Thailand, is set to brief the board on initial strategies to resolve the long-standing concession issue, while King Power prepares to approach lendersAOT denies rumours of compromise with King Power over debt repayment
AOT denies rumours of compromise with King Power over debt repayment
FRIDAY, JUNE 27, 2025
Airports of Thailand (AOT) has denied rumours that it made compromises with King Power Duty Free over debt repayment, insisting that it is adhering to the terms of its agreement.AOT approves King Power’s request to defer payments for 5 airports, interest only at 8.844%
AOT approves King Power’s request to defer payments for 5 airports, interest only at 8.844%
FRIDAY, JUNE 27, 2025
AOT allows King Power to defer payments on duty-free contracts at 5 airports, paying 8.844% interest and placing a 1.45-billion-baht guarantee.AOT outlines duty-free concession plans following King Power contract termination
AOT outlines duty-free concession plans following King Power contract termination
SUNDAY, JUNE 15, 2025
The Airports of Thailand (AOT) has released information regarding duty-free concession rights ahead of King Power’s request to terminate its contracts at three regional airports.Duty-free on arrival to be scrapped at Thai airports: Cabinet
Duty-free on arrival to be scrapped at Thai airports: Cabinet
WEDNESDAY, JULY 03, 2024
The Cabinet on Tuesday confirmed that all duty-free shops in the arrivals areas of Thai airports will be closed to boost spending in domestic shops, aiming to generate up to 350 billion baht annually. Cabinet to consider liquor cost cuts, reduce airport duty-free shops
Cabinet to consider liquor cost cuts, reduce airport duty-free shops
MONDAY, DECEMBER 18, 2023
The Finance Ministry will on Tuesday propose to Cabinet new measures to suspend duty-free shops in the Arrivals section of all airports, as well as to reduce taxes on alcoholic beverages.Duty-free giants offer free flights to lure VIP shoppers
Duty-free giants offer free flights to lure VIP shoppers
SUNDAY, MAY 16, 2021
Last month, Hyun Jung-a boarded a flight from South Koreas Incheon Airport. Around two hours later, she was back in the same airport and loading up on duty-free shopping, despite never landing in another country.AOT launches fresh round of bidding for Don Mueang concession
AOT launches fresh round of bidding for Don Mueang concession
SUNDAY, JANUARY 12, 2020
Airports of Thailand (AOT) will sell again bid documents for the concession to run a duty-free pick-up counter service at Don Mueang International Airport, AOT president Nitinai Sirismatthakarn said.King Power to be granted Don Mueang duty-free concession
King Power to be granted Don Mueang duty-free concession
MONDAY, DECEMBER 23, 2019
The Airports of Thailand board agreed on Monday (December 23) to grant King Power Duty Free Co a duty-free concession at Don Mueang International Airport, AOT president Nitinai Sirismatthakarn said.AOT panel gives nod for King Power's Don Mueang duty-free bid
AOT panel gives nod for King Power's Don Mueang duty-free bid
WEDNESDAY, DECEMBER 18, 2019
The revenue committee of Airports of Thailand on Wednesday (December 18) approved the bid of King Power group for the duty-free concession at Don Mueang International Airport, an AOT senior official said.