Crisis Casts Fresh Shadow Over Holiday Hotspot
Thailand's economy suffers further blow as closure of Suvarnabhumi airport slows country's tourism industry
If it was maximum economic impact they hoped to cause, the protesters confronting Thailand's government would have been hard-pressed to have come up with a more damaging target than Suvarnabhumi international airport.
The steel and concrete complex, which boasts the world tallest control tower, lies at the heart of Thailand's tourist economy. The country attracts 14.5 million visitors a year - 860,000 of them from Britain - lured by azure waters, palm-fringed beaches and rolling jungles.
But the abrupt closure of the £2.5bn airport that opened just over two years ago has cast a pall over a business experiencing the gloom of a slowdown wrought by the global downturn.
Not only has the shutdown affected immediate arrivals and departures for the £10.4bn business that accounts for 6% of the Thai economy, but it has done so at the start of the peak holiday season, when Europeans in particular flock to Thailand for affordable winter sun.
Economists recently downgraded the outlook for Thai economic growth from about 5.2% to 4%. Some have estimated that losses in the tourism trade could hit £2.6bn, about 1.5% of GDP, this year.
The tourism ministry plans to use Thai Airways planes at a military airbase to fly the most needy passengers to Malaysia or Singapore within the next 48 hours, so they can catch onward services.
Officials announced the plan to use U-Tapao, which was used by American troops during the Vietnam war, to relieve the buildup of frustrated tourists, even suggesting new travelers might be brought in to Thailand on empty planes on the return journeys.
Suvarnabhumi handles 125,000 passengers a day, about 40 million annually. Ninety per cent of travelers entering Thailand arrive there, making it one of the busiest airports in south-east Asia.
The steel and concrete complex, which boasts the world tallest control tower, lies at the heart of Thailand's tourist economy. The country attracts 14.5 million visitors a year - 860,000 of them from Britain - lured by azure waters, palm-fringed beaches and rolling jungles.
But the abrupt closure of the £2.5bn airport that opened just over two years ago has cast a pall over a business experiencing the gloom of a slowdown wrought by the global downturn.
Not only has the shutdown affected immediate arrivals and departures for the £10.4bn business that accounts for 6% of the Thai economy, but it has done so at the start of the peak holiday season, when Europeans in particular flock to Thailand for affordable winter sun.
Economists recently downgraded the outlook for Thai economic growth from about 5.2% to 4%. Some have estimated that losses in the tourism trade could hit £2.6bn, about 1.5% of GDP, this year.
The tourism ministry plans to use Thai Airways planes at a military airbase to fly the most needy passengers to Malaysia or Singapore within the next 48 hours, so they can catch onward services.
Officials announced the plan to use U-Tapao, which was used by American troops during the Vietnam war, to relieve the buildup of frustrated tourists, even suggesting new travelers might be brought in to Thailand on empty planes on the return journeys.
Suvarnabhumi handles 125,000 passengers a day, about 40 million annually. Ninety per cent of travelers entering Thailand arrive there, making it one of the busiest airports in south-east Asia.

Use the feedback form below to submit your comments.

Use the form below to email this article to your friends.

- OPEC Cuts Production of Oil to Provide "Floor" for Prices
- From Berlin to Beijing, Chancellors and Presidents Feel the Strain
- 'Lost Decade' a Warning to West
- Millions of Chinese Graduates Out of Work After Fivefold Rise in University Places
- Merkel Resists Party Calls to Spend More to Tackle Recession
- Brussels Proposes £170bn Spending Plan
- China Forced Into Fourth Interest Rate Cut of the Year
- Immigration Falls and Set to Decline Further in Recession
- Doubts Raised Over Prospects of Success for 'hasty Summit'
- Shaping the World: Bretton Woods 1944
- Germany Officially in Recession As Oecd Expects Us to Lead Recovery
- New Eu Talks Bring Russia in From Cold After Georgia Protest
- ArcelorMittal Slashes Production By 35% As Recession Bites
- Can Internet Companies Survive a Recession?
- What is a Recession?
- Causes of Economic Recession
- Congress Passes Historic Economic Bailout Plan
- Congress Struggles to Revise Bailout Bill
- House Vetoes Wall Street Bailout
- Lawmakers Say Deal on Bailout Reached
- Second Wave of the Housing Crisis
- H-1B Visa Program Spirals Downwards
- Recession Declared Officially Over, Unemployment Still Rising
- Consumer Sentiment Rises More than Expected
- Recession Fighting Back in July, New Recovery Concerns for Economy
- Leading Indicator Shows Recession May Soon End
- Large Swath of the Country Left Untouched by Recession
- Recession Blues are Bad for Your Health
- Obama Doesn't Blame Bush for Current Economic Crisis
- Economic Recession - What Happens During a Recession
- Benefits of Economic Recession
- Economic Recession and Depression - Definition and Difference
- Recession May be Coming to a Close, But Rough Waters Ahead
- US Economic Crisis: Impact on Automobile Industry
- Public Backlash Growing Over AIG Bonuses for Executives



