The Thaiger
Airport Rail Link gets four-month extension without subsidy
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The Airport Rail Link will continue operating under CP-linked Asia Era One for another four months until January 31, 2027, before a State Railway of Thailand (SRT) subsidiary takes over the service, Transport Minister Phiphat Ratchakitprakarn confirmed today, September 14.
Key facts
- The Airport Rail Link will continue operating under CP-linked Asia Era One for another four months until January 31, 2027, before a State Railway of Thailand (SRT) subsidiary takes over the service, Transport Minister Phiphat
- Phiphat, who is also the deputy prime minister, stressed that the arrangement is not a one-year extension and said Asia Era One will not receive a previously discussed operating payment of 60 million baht per month during the four-month
- After January 31, SRT Electrified Train Company, the railway authority’s subsidiary, is expected to take over operations immediately
- On September 11, Prime Minister Anutin Charnvirakul met Phiphat, SRT board Chairman Piyapong Jiwattanakulpaiboon and SRT Governor Anan Phonimdaeng over the approaching September 30 deadline
Summary
Phiphat, who is also the deputy prime minister, stressed that the arrangement is not a one-year extension and said Asia Era One will not receive a previously discussed operating payment of 60 million baht per month during the four-month transition.
Instead, the company will keep the fare revenue it earns and bear the financial risk if the service operates at a loss.