Airlines reluctant to hike fares during Songkran
AI Summary
Airlines operating in Thailand are reluctant to raise domestic airfares during the Songkran holiday period despite higher fuel costs, citing subdued long-haul visitor demand. The Civil Aviation Authority of Thailand (CAAT) reported no abnormal fare surges over the period. The situation reflects a cautious pricing approach balancing fuel cost pressures against weak passenger demand.
Amid subdued demand from long-haul visitors, airlines are reluctant to increase domestic airfares during the upcoming Songkran holidays, with the Civil Aviation Authority of Thailand (CAAT) reporting no abnormal surge in fares over the period despite higher fuel prices.