The share prices of AOT, AAV, and BA started the new week in the green zone after the government announced further easing of Covid-19 restrictions, including the scrapping of the Thailand Pass system.
Airports of Thailand Pcl. (SET: AOT)’s share price rose THB1.50/share or 2.21% to THB69.25/share, with a trading value of THB1,928 million.
Asia Aviation Pcl. (SET: AAV)’s share price rose THB0.14/share or5.19% to THB2.84/share, with a trading value of THB108 million.
Bangkok Airways Pcl. (SET: BA)’s share price rose THB0.40/share or3.85% to THB10.80/share, with a trading value of THB94 million.
The Centre for Covid-19 Situation Administration (CCSA) last Friday has announced further easing of Covid-19 restrictions, reclassifying the entire country’s color-zoning into surveillance area green Covid-19 zones. This means that most activities can resume, including drinking alcohol in restaurants and nightlife venues open until pre-pandemic hours, or around 2 a.m.
The requirement to wear a face mask in public will be relaxed, although no firm date has been set. However, the mask mandate is still recommended in crowded spaces and closing venues.
Thailand Pass registration will end from July 1, and only proof of Covid-19 vaccination or negative Covid testing will be required.
The CCSA anticipates 25,000-30,000 outbound travelers per day after the Thailand Pass system is phased out early next month, up from the current 20,000-25,000 daily arrivals. Thailand is anticipated to receive approximately 7.5 million visitors in 2022, with 1.5 million visits per month during October through December.