Bangkok (VNA) - Thailand's national flag carrier Thai Airways will raise ticket prices by 10% to 15% to offset rising fuel costs, its chief financial officer (CFO) Cherdchom Therdthirasak has said.
This move comes as the carrier faces a surge in travel demand due to passengers shifting their travel plans from the Middle East to Europe.
At a video conference with investors on March 11, Cherdchom stated that most of the airline's flights to Europe this month have reached 90% of seat capacity. She also signaled that Thai Airways may continue to raise fuel surcharges if oil prices continue to climb. The CFO advised passengers planning to travel to book their tickets early before fares increase further, as the number of tickets on routes to Europe and other destinations will be very limited over the next two weeks.
Regarding business prospects, Cherdchom said it is still too early to forecast passenger demand in the second quarter of 2026 due to unpredictable developments in the Middle East.
In 2025, Thai Airways recorded a net profit of 30.9 billion THB (about 975 million USD), reversing a net loss of 26.9 billion THB in 2024. The airline's revenue increased by 1.3% to 190 billion THB, reflecting a gradual recovery from court-supervised debt restructuring initiated during the COVID-19 pandemic./.
