Airlines anticipate increase in flights servicing China to be a significant driver
Airlines are optimistic about recovery this year, with an expansion of services to China being a key driver, following a significant improvement in 2022, particularly during the fourth quarter.
Santisuk Klongchaiya, chief executive of SET-listed Asia Aviation (AAV) and Thai AirAsia (TAA), said after resuming China routes in January this year, the airline expects to regain 28% of pre-Covid-pandemic capacity to the mainland within the first quarter. The company plans to ramp up services…