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Aviation regulators will speed up approvals for airlines seeking to add planes to boost capacity and bring down airfares that have soared in recent months with a rapid recovery in tourism, a government spokesman says.
The Airlines Association of Thailand (AAT) is urging the government to lower the fuel tax and operational fees at airports amid concerns over a potential increase in oil prices following the announcement by Opec+ that the group would reduce its output, saying the lower cost burden would eventually help to reduce airfares.
Bangkok Airways said recently it is forecasting the total number of passengers globally will reach about 70-80 percent of the Pre-COVID volume due to rapid travel demands and recovery of the world economy.
Bangkok Airways expects its passenger rate to hit 70-80% of the pre-pandemic level this year, roughly 4.4 million people from more than 40,000 flights, and will possibly post an annual profit for the first time since 2019.