Airports of Thailand's earnings outlook appears brighter to CGS International's Thanapol Jiratanaki after the company unveiled concrete plans to boost aeronautical revenue and improve its passenger traffic. The Thai airport operator intends to increase its landing and parking charges and adjust other fees, which should boost its overall top line, the analyst notes. Higher passenger service charges should also enhance earnings growth meaningfully from fiscal 4Q, he adds. He raises his FY 2027-FY 2028 EPS projections by 6.9%-8.7% to reflect stronger passenger volumes and the higher fees. CGSI raises its rating to hold from reduce and lifts its target price to 64.00 baht from 50.00 baht. Shares last closed at 63.25 baht. (megan.cheah@wsj.com)