Airlines contend high fares are justifiedThai AirAsia and Thai Lion Air jets sit at a terminal at Don Mueang airport. As consumers cry foul over expensive domestic airfares, Thai AirAsia says ceiling prices should not be slashed as airlines have carried a higher cost burden since the pandemic. However, airlines can help by increasing flights during Songkran to reduce average fares, said Santisuk Klongchaiya, chief executive of Thai AirAsia. He said Thai AirAsia will maintain appropriate prices, differing on each route based on seasonality and passenger demand. Thai AirAsia is targeting 15-20% revenue growth this year as it expands its fleet to 60 aircraft with a seat capacity of 23.3 million.

Source: Bangkok Post March 09, 2024 13:43 UTC