Private sectors are concerned about increasing fuel prices slowing down the recovery of the aviation sector despite the lifting of travel restrictions during the first quarter of 2022.
Nuntaporn Komonsittivate, head of commercial operations at Thai Lion Air (TLA), has disclosed that the increased oil prices to 100-110 dollars per barrel are affecting the company’s business since oil prices account for 30 percent of its operational costs.
She explained that since the airline couldn’t suddenly increase its fare, especially during the low season, frequencies for domestic flights to meet a load factor target have been…
