On Friday at 11:36 AM (Bangkok time), the share price of Airports of Thailand Public Company Limited (SET: AOT) gained 3.59% or THB 2.00 to THB 57.75, with a trading value of THB 1.49 billion.
Asia Aviation Public Company Limited (SET: AAV) climbed by 0.95% or THB 0.01 to THB 1.06, with a trading value of THB 20.98 million.
Bangkok Airways Public Company Limited (SET: BA) jumped by 3.09% or THB 0.50 to THB 16.70, with a trading value of THB 112.06 million.
Thai Airways International Public Company Limited (SET: THAI) grew by 0.74% or THB 0.05 to THB 6.80, with a trading value of THB 261.79 million.
Shares in the Thai aviation sector advanced following statements by U.S. President Donald Trump to cancel planned military strikes on Iran. In response, both WTI and Brent crude oil prices fell by nearly 3%, with prices hovering around $87-90 per barrel.
Investor sentiment improved on the hope that the conflicts in the Middle East may come to an end. According to Krungsri Securities (KSS), the easing of tensions in the region has led to a rebound in the SET Index, which has risen by approximately 2.5% compared to the pre-war peak on February 26, 2026.
Certain stocks, particularly those previously pressured by concerns over energy costs and those with customer bases in the Middle East and Europe, like the tourism sector, have experienced a deeper decline than the overall market. Hence, the brokerage noted that the group now possesses potential for a strong rebound.
In addition, 87 airlines worldwide have requested flight slots into Thailand during the 158th Slot Conference. This reflects continued confidence in the Thai aviation industry. New carriers that have been allocated slots for the winter 2026/2027 season include Riyadh Air from Saudi Arabia, Virgin Atlantic from the United Kingdom, SkyUp Nistru from Moldova, and AirBorneo from Malaysia.
This positive sentiment benefits tourism and aviation stocks such as CENTEL, ERW, AOT, BA, and THAI.
