Bangkok, Bangkok Aviation Fuel Services Public Company Limited or BAFS attended the vision announcement event "IGNITE THAILAND, AVIATION HUB" by Mr. Settha Thavisin, Prime Minister and Minister of Finance, ready to respond to the policy. Develop Thailand's potential in every dimension to become Regional Aviation Hub (Aviation Hub) on Friday, March 1, 2024 at Santimaitri Building Government House M.L. Natthasit Diskul, President of Bangkok Aviation Fuel Services Public Company Limited or "BAFS" (BAFS), revealed that BAFS, as a complete service provider of aviation fuel, according to international standards We are pleased that the government is giving importance to upgrading the Thai aviation industry. Ready to push the plan to develop Thailand's potential in every dimension towards becoming Regional aviation hub (Aviation Hub) with the goal of developing Suvarnabhumi Airport to be one of the top 20 in the world. BAFS' main role over the past 40 years has been to promote a free market for trade in aviation fu el. for various airlines that use services in Thailand's main airports You can purchase fuel from quality and accepted oil traders. This results in lower fuel costs for airlines. and receive services that are more secure, therefore confident that they will be able to respond to the airport development plan in the future To elevate Thai airports to be accepted at the world level. and make Thailand the aviation hub of the region in the future. However, M.L. Natthasit said, 'The collection of excise tax on oil For domestic routes It is a factor affecting the expansion of the domestic aviation industry. From the latest information The number of domestic flights decreased by 2.9% after measures to adjust taxes on jet fuel last year. Affecting the price of domestic air tickets and is a hindrance in the overall picture of the entire domestic aviation industry. and the tourism sector, especially in secondary cities that cannot grow as much as expected which conflicts with important government policies. which is movi ng forward to drive Thailand to be A world-class aviation hub (Aviation Hub) in the long term.' BAFS believes in Thailand's potential to become an important aviation hub in the world. According to the government's vision and believes in creating sustainability in the aviation industry By promoting the production of sustainable aviation fuel SAF (Sustainable Aviation Fuel) in the country, BAFS has always prepared in this regard. Together with important partners, namely the Bangchak Group and Mitr Phol, including preparing to provide services. and check quality This is to ensure that the SAF that BAFS provides will be safe according to international standards. Ready to provide services to various airlines, leading the aviation industry to move forward towards a sustainable business in the future.- Source: Thai News Agency