Thailand's aviation sector experiences a boost as key stocks such as Airports of Thailand (AOT), Thai Airways (THAI), and Asia Aviation (AAV) posted gains driven by the peak tourism season and sector-wide promotional efforts. Share prices of these companies increased, supported by active trading and positive investor sentiment amid expectations of increased travel demand and sector recovery.
Official forecasts from Aeronautical Radio of Thailand project that flight volumes will reach approximately 928,165 flights in fiscal year 2026, representing a 3% rise from the previous year. This includes international, domestic, and overflight services. The tourism recovery is further bolstered by the Thai-Chinese Tourism Alliance, which predicts nearly 8 million Chinese arrivals in 2026, nearly doubling last year's numbers. Key factors driving this surge include improved bilateral relations and the return of tour groups from China.
Seasonal Promotions and Sector Outlook
During the upcoming New Year holidays, six airlines will implement fare reductions, including a 30% cut in tickets and increased seat capacity, with AOT offering discounts on landing and parking fees. Industry analysts have expressed optimism about the sector's growth prospects, citing positive valuation adjustments and projections of high tourist arrivals. Securities firms have upgraded their sector outlook, emphasizing the attractiveness of stocks like CENTEL and ERW.
