Guess who?

10 06 2019

About a week ago we posted “Duty free awarded as it was always going to be awarded.” Then, King Power “won” the “bidding” to run the duty free stores and all the commercial space at Suvarnabhumi airport.

This seems a bit like The Dictator and self-appointed prime minister “winning” the “vote” in a rigged parliament to become prime minister again.

Now, also as expected, “King Power Duty Free Co has won a bid to run duty-free shops at Phuket, Chiang Mai and Hat Yai airports…”.

That means King Power has all the duty free contracts offered at airports by the Airports of Thailand Plc. Yes, every single one of them. That also means the lucrative King Power duty free monopoly continues.

As it announced for Suvarnabhumi, AoT said “the winning bidder for the operation of the three regional airports was King Power as it offered highest returns than its two rivals and also received the highest scores.”

As in the previous “bid,” those who lost were consortia “led by Bangkok Airways Plc and a venture led by Royal Orchid Hotel (Thailand) Plc…”.

The next duty-free “bid” comes up later in the year, for Don Muang airport. Any bets on who might win that “bid”?

King Power is well-connected, having important political and royal alliances.


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