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Airlines seek state aid amid rising costs

Published by
The Bangkok Post

Airlines are struggling to control airfares amid high operational costs to maintain positive momentum for the domestic market, urging the government to help lift the financial burden. Nuntaporn Komonsittivate, head of commercial operations at Thai Lion Air (TLA), said the price of fuel is the most crucial factor as it accounts for around 35% of the airline’s operational costs, rising from its usual level of 30% before the surge. Global oil prices may have recently started to see a gradual downward trend, but the aviation industry cannot immediately reap the benefit. The airline has to await fu…

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