Airports of Thailand (AoT) reported improved results in the last quarter as it narrowed losses to THB26.77 million from THB516.22 million a year ago. AoT Senior Executive Vice-President Supaporn Burapakusolsri told the Bangkok Post that an increase in passenger traffic and reduced foreign exchange losses helped the turnaround. However financial results fell way short of earlier predictions. Analysts had forecast that AoT would generate profits of around THB400 million in the April-June period. For the nine months to June, AoT made a net profit of THB2.36 billion compared with THB2.05 billion in the same period a year earlier. Results are expected to improve in the next quarter as traffic picks up again moving towards peak travel season.