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Airlines relief hits Aerothai accounts

Airlines relief hits Aerothai accounts Can t help sector without loans boost published : 23 Jul 2021 at 07:07 The Aeronautical Radio of Thailand Ltd (Aerothai) said on Thursday it has complied with relief measures for airlines affected by Covid-19 under a tight budget. It is now in need of loans to boost liquidity. The move came after seven airlines in the Airlines Association of Thailand (AAT) urged the government to address the impacts on the aviation industry of the latest lockdown. Earlier, the Civil Aviation Authority of Thailand (CAAT) issued a ban on commercial domestic flights to destinations in provinces hardest-hit by Covid-19, the so-called dark red zones.

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Airlines win Covid relief aid extension

Airlines win Covid relief aid extension 3 published : 10 Jul 2021 at 09:11 3 The Civil Aviation Board (CAB) has extended relief measures for airlines, affected by the Covid-19 pandemic to the end of this year, according to the Ministry of Transport. The extension was approved at a meeting of the board chaired by Transport Minister Saksayam Chidchob on Friday. Mr Saksayam said the Airports of Thailand has reduced landing and parking charges for domestic and international flights by 50%, adding to a waiver on parking charges for airlines that have been unable to operate in the third quarter (July 1-Sept 30). The measures would apply at 29 airports overseen by the Department of Airports across country.

BCP forges pact to create Carbon Markets Club

BCP forges pact to create Carbon Markets Club published : 29 Jun 2021 at 04:00 Mr Chaiwat said the alliance members also got together to provide financial support to renewable energy development. In the market, the amount of greenhouse reduction, known as carbon credits, generated by environmental projects can be traded so companies can offset the carbon dioxide they release into the atmosphere. The 11 firms signed a memorandum of understanding yesterday to brace for stricter trade rules in the post-pandemic period when European countries may, under the European Green Deal, impose a non-tariff barrier on Thai exports from factories that emit high levels of carbon emissions.

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