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Thailand has extended its jet fuel tax cuts through the end of 2021. The measure was first introduced last February and has since been extended twice to help beleaguered airlines in the country. Fuel accounts for one of the highest operating costs for airlines, making any tax relief a huge boost for airlines during this tumultuous time.
The move will help the eight carriers currently based in Thailand. Photo: Getty Images
Extended
According to the Bangkok Post, Thailand’s government has officially extended a jet fuel tax cut until 31st December 2021. The cuts were first made in February 2020 as COVID-19 began impacting airlines in East Asia and passenger numbers fell. While the reduction was set to end on 30th September 2020, it was later extended to April 30th of this year.
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