Compelling growth story. Unlike many other PFPOs and REITs
which are now running at nearly full capacity, SPF is
operating at below its full capacity. The fund has ample room
to grow - current traffic is only 1.1m passengers per year
compared to its maximum capacity of over 2m passengers at
Samui Airport. In addition, Bangkok Airways (BA), the
property manager, had received approval from the
Department of Civil Aviation to increase the maximum
number of flights to Samui Airport from 36 to 50 effective
November 2014. This should remove earlier concerns over
capacity