On Tuesday at 11:02 AM (Bangkok time), the share price of Airports of Thailand Public Company Limited (SET: AOT) rose by 2.27% or THB 1.25 to THB 56.25, with a trading value of THB 291.64 million.
Bangkok Airways Public Company Limited (SET: BA) increased by 1.07% or THB 0.20 to THB 18.90, with a trading value of THB 45.13 million.
Asia Aviation Public Company Limited (SET: AAV) surged by 0.95% or THB 0.02 to THB 2.12, with a trading value of THB 16.08 million.
Bualuang Securities (BLS) projected that aviation firms would reap benefits from lower fuel costs resulting from US President Donald Trump’s energy policy aiming for reduced energy prices. This strategy prompted OPEC to plan for an increase in production in the second quarter of 2025. Moreover, the sector is expected to capitalize on the continued high influx of tourists.
Meanwhile, InnovestX Securities foresees a promising profit outlook for AOT due to an uptick in foreign tourist arrivals. The company’s profit is projected to increase by 18% year-on-year in 2025, driven by the assumption that foreign tourist numbers visiting Thailand will reach 84 million, indicating a 15% year-on-year growth.
Specifically, AOT’s normalized profit for the first quarter of 2025 is expected to reach THB 5.5 billion, reflecting an 18% year-on-year increase and a 25% quarter-on-quarter increase. This positive performance is credited to the support from Thailand’s peak tourism season.
