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AOT to hold talks with KPD

Bangkok Post

|

June 17, 2025

Discussions to zero in on duty-free deals

- NAREEERAT WIRIYAPONG

AOT to hold talks with KPD

Shares in Airports of Thailand (AOT) continued to plunge yesterday as the company said it would negotiate with King Power Duty Free (KPD) within 45 days after the latter requested a possible termination of a duty-free concession contract at five airports.

In a filing to the Stock Exchange of Thailand (SET), AOT corporate secretary Krit Pakagu confirmed that AOT had received a letter from KPD requesting talks on solutions to be able to continue its business or other settlements as well as possible termination of the duty-free concession contracts at Suvarnabhumi and Don Mueang airports, along with international airports in Phuket, Chiang Mai and Hat Yai.

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