Airlines in Thailand are not expected to start another price war in the near future, while the Civil Aviation Authority of Thailand (CAAT) plans to maintain ceiling ticket prices despite higher operational costs.
Speaking at a seminar held by the Airlines Association of Thailand (AAT) and CAAT this week, Suttipong Kongpool, the CAAT director, said the jet fuel price, which normally makes up 30-40% of operational costs, would not surge above the baseline of US$120 per barrel in the short term.
This means the ceiling price regulated by the authority…
