[Thailand] $2.6b expansion plan for Bangkok’s Suvarnabhumi airport to cope with tourists

State-owned Airports of Thailand Pcl will invest 63 billion baht (S$2.6 billion) in the third expansion phase of Bangkok’s Suvarnabhumi international airport.PHOTO: REUTERS BANGKOK (REUTERS) – Airports of Thailand Pcl (AOT) plans to invest 63 billion baht (S$2.6 billion) in the latest expansion of the country’s main airport in Bangkok, as the country tries to…

[Singapore] Changi Airport unveils ‘chandelier-inspired’ playground at Terminal 4

Changi Airport’s Terminal 4 features a five-storey crimson red playground featuring sliding poles and climbing nets. (Photo: Jeremy Long) SINGAPORE: A five-storey crimson red playground featuring sliding poles and climbing nets was unveiled on Friday (Aug 3) at Changi Airport’s Terminal 4 official opening ceremony. The playground, Chandelier, is shaped in a double helix with a weaved…

[INDONESIA] Garuda issues Rp 2t asset securitization

A Garuda Indonesia aircraft (Shutterstock.com/e X p o s e)   Garuda issues Rp 2t asset securitization In its latest corporate move, National flag carrier Garuda Indonesia issued on Tuesday asset-backed securities under collective investment contracts (KIK-EBA) totaling Rp 2 trillion (US$138.7 million) on the Indonesia Stock Exchange (BEI). The airline used the KIK-EBA as an instrument for asset…

[Vietnam] New private airlines boost Vietnam aviation industry development

The Hanoitimes – Vietnam would need at least 10 additional new airlines to meet growing demands in near future, according to an estimation by the International Air Transport Association (IATA). The birth of new airlines, along with its subsequent investments in Vietnam’s aviation infrastructure, promises a significant improvement in the country’s air transport capabilities and…