Tourists arrive in groups at Suvarnabhumi airport outside Bangkok.
Average airfares in the third quarter this year continued to surge even though it was the low season, with the increases driven by strong travel demand.
Thai AirAsia reported a 22% year-on-year increase in airfares in the third quarter, while Bangkok Airways recorded a 15% uptick.
For the period, Thai AirAsia’s average price surged to 1,720 baht, up from 1,404 baht a year earlier. The fare also exceeded the 2019 level, which was 1,457 baht.
Santisuk Klongchaiya, chief executive of Thai AirAsia, said the airline increased airfares by 15-20% for the…
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