Bangkok Airways and two other firms have submitted a joint proposal for the development of an aviation hub at Thailand’s U-Tapao airport.
The company is teaming up with BTS Group and Sino-Thai Engineering for the bid, says the airline in a Stock Exchange of Thailand statement.
The name of the entity is BBS Joint Venture, which is bidding for the U-Tapao International Airport and Eastern Aviation City Development Project.
According to the Bangkok Post, other companies that have placed bids with the Thai Navy, which runs the airport, are local conglomerate Charoen Pokphand as well as Asia Aviation, which owns Thai AirAsia.
The report adds that 24 local companies and 18 foreign firms have expressed interest in the project.
Thailand is in the process of developing U-Tapao both as an airport and an MRO centre.
In 2018, the Civil Aviation Authority of Thailand said that the airport's handling capacity will grow from 3.7 million passengers annually to 15 million within five years, to 30 million within 10 years, and 60 million within 15 years.
Plans call for the airport, a two-hour drive from Bangkok, to be linked with the city via high speed rail links. There will also be rail links to the capital’s other two airports, Suvarnabhumi and Don Mueang.
As for MRO, Airbus and Thai Airways International are setting up a new MRO facility at the airport.
The facility will offer heavy maintenance and line services for all widebody aircraft types, including Boeing aircraft. The complex will also have repair shops for composite structures, as well as a training centre.