Private Jet Terminal for Phuket set for approval by Airports OF Thailand

When completed, new facility will be the second of its kind in Thailand after Mjets’ Bangkok Don Mueang facility.

Phuket, Thailand – from Bangkok Post & Aviation Pros

Siam Land Flying Co (SLF) has won approval from Airports of Thailand Plc (AoT) to build and run a private jet terminal and provide support services to general aviation operators at Phuket airport, making Charoen Pokphand (CP) Group’s plan to consolidate its aviation-related business become a reality.

In return for the right, AoT has accepted SLF’s offer to invest in building the facility and then transferring ownership to the state-controlled airport operator before being allowed to operate the facility over a 30-year period.

In addition to the “build-transfer-operate” scheme, SLF must also provide a profit-sharing deal based on gross revenue at a progressive rate payable on a monthly basis, senior AoT executives told the Bangkok Post.

Phuket_Airport_Private_Jet_Agents_Seal_Superyachts_Thailand_620x413 SLF has already obtained a seven-rai plot adjacent to Phuket airport for the development of the terminal and fixed-base operator (FBO) facilities. FBO refers to the rights granted by an airport authority to an entity to provide aeronautical services such as fuelling, hangaring, tie-down and parking, aircraft rental, aircraft maintenance and other services for corporate and private aircraft.

SLF is negotiating for the purchase of 10 more adjacent rai to embark on full-scale development. The company’s ability to secure land is key to the project as the AoT has long maintained there is no nearby land available for a private jet terminal and FBO facilities. The AoT also insists there is no room within airport grounds to accommodate such facilities.

Read more here – Charoen Pokphand to build private jet terminal in Phuket