Airfares expected to fall
published : 28 Dec 2023 at 08:34
writer: Gary Boyle
ORIGINAL SOURCE/WRITER: Post Reporters
Airfares are expected to gradually fall next year due to an increase in licensed airlines and a higher number of aircraft, according to the Civil Aviation Authority of Thailand (CAAT).
The CAAT said on Tuesday night that eight airlines had recently received air operator licences from the transport minister and were planning to fly a total of 60 airplanes throughout 2024.
According to the aviation authority, five of the eight airlines are domestic. They include Ezy Airlines (formerly known as Landarch Airlines), Pattaya Airways, P80 Air, Really Cool Airlines and Siam Seaplane.
The CAAT acknowledged that airlines often need to make profits to support flights that yield marginal profits, as long as ticket prices remain within the ceiling prices set by the authority.
The CAAT recommended that the sooner passengers booked tickets, the cheaper they would pay for flights.
It explained that airlines had downsized personnel, fleets, infrastructures and management systems during the Covid-19 pandemic for survival. At present, demand for air travel exceeds supply and airfares have seen an increase of 17% worldwide.
The CAAT added that airfares in the country increased partly because of the end of a reduction in tax on jet fuel in July.
Vocabulary
- acknowledge: to accept or admit that something exists, is true or is real - ยอมรับ
- aviation: the flying of aircraft - การบิน
- ceiling: an upper limit - เพดาน ขีดจำกัด
- domestic: inside the country being talked about - ภายในประเทศ
- downsize: to reduce the number of people who work in a company, business, etc. usually in order to reduce costs -
- fleet: a group of vehicles, planes, boats, or trains, especially when they are owned by one organisation or person - กลุ่มรถแท๊กซี่, รถโดยสาร, หรือเครื่องบินที่อยู่ในบริษัทเดียวกัน
- fuel: any material that produces heat or power, usually when it is burnt - เชื้อเพลิง
- infrastructure: a set of systems within a place or organisation that affect how well it operates, e.g., the telephone and transport systems in a country or the system of train tracks that a railway uses - สาธารณูปโภค
- licence: an official document that gives someone permission to do or use something - ใบอนุญาต
- marginal (adj.): by a small amount - เล็กและไม่สำคัญ, เล็กน้อย
- operator (noun): a person or company that runs a business - ผู้ดำเนินกิจการทางธุรกิจ, ผู้ประกอบธุรกิจ
- personnel: the people who are employed in a company, organization or one of the armed forces - บุคลากร, เจ้าหน้าที่, พนักงาน
- profit: money that you make from selling goods and services after all your costs have been paid - กำไร
