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Tuesday, April 30, 2024

Airlines juggle demand as fares skyrocket

Jets for THAI, Thai AirAsia and Thai Smile Airways are parked on the tarmac at Suvarnabhumi airport. The International Air Transport Association reported higher jet fuel prices have hiked fares. Wichan Charoenkiatpakul

Global aviation has experienced a promising start to the year as travel restrictions have been lifted, allowing people to fly with fewer barriers.

Even countries with strict Covid-19 policies, such as China, lifted their restrictions earlier than expected.

The World Tourism Organization predicts Europe and the Middle East will reach pre-pandemic international tourist levels this year, forecasting an 80-95% overall recovery, while the Pacific Asia Travel Association projects a growth rate of at least 71%.

Yet the…

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