Showing 1 - 10 of 327
Travel demand benefits BAFS
Business, Yuthana Praiwan, Published on 17/09/2024
» Thailand's aviation industry is poised for continued growth, driven by increasing travel and rising demand for jet fuel, according to Bangkok Aviation Fuel Services Plc (BAFS).
Junk carbon offset addiction 'killing the planet'
News, Published on 29/08/2024
» Before This Is Why We Can't Have Nice Things was a Taylor Swift song, it was a punch line to a Paula Poundstone joke from the 1980s about how, as a kid, she once knocked a Flintstones glass off a table, making her mother say, "That's why we can't have nice things."
Thai Lion Air beefs up fleet, adds routes
Business, Molpasorn Shoowong, Published on 16/08/2024
» Thai Lion Air is ramping up its fleet and returning to its routes as tourism demand grows, targeting 6-7 million passengers and a profit for the first time post-pandemic.
IRPC Reports 812 Million Baht Profit, Expands Globally
Published on 08/08/2024
» IRPC showcases a net revenue of 148,710 million baht in the first half of 2024, increasing 1% compared to the first half of 2023. The performance results from a 9% increase in selling price, following the higher oil price, and profits generated by oil stocks of 2.138 billion baht. The EBITDA is accounted for at 6.118 billion baht, increasing by 187%, driving a net profit of 812 million baht. IRPC is prompted to move forward with business expansion, highlighting Jet A1 compliant with JIG standards to support the aviation industry worldwide.
Fuel consumption declines by 0.05%
Business, Published on 03/08/2024
» Total fuel consumption dropped by 0.05% year-on-year to 156.6 million litres per day (MLD) during the first half of 2024, consistent with the country's economic growth, says the Department of Energy Business.
IRPC Begins Export of JIG Standard Aviation Fuel
Published on 25/07/2024
» On July 18, 2024, Mr. Kris Imsang, President and Chief Executive Officer of IRPC Public Company Limited (IRPC), along with executives from IRPC, Mr. Thanares Prasertwong, Manager of Refined Oil Trading at PTT International Trading Pte. Ltd., and Mr. Nattaphasit Chutiman, Manager of Oil Procurement and Management at PTT Oil and Retail Business Public Company Limited, participated in the ceremony for exporting Jet A1 aviation fuel to Vietnam at the IRPC Industrial Zone Port, Rayong Province.
When climate commitments fall short
News, Rapeepat Ingkasit, Published on 24/07/2024
» By early next year, Thailand and other countries are expected to update national climate commitments under the Paris Agreement, known as nationally determined contributions (NDCs). The Paris Agreement mandates that nations submit new NDCs every five years, with each round more ambitious than the last. These NDCs are essential for countries to collectively tackle the global climate crisis.
Thai AirAsia experiences drop in demand
Business, Narumon Kasemsuk, Published on 16/07/2024
» After enjoying a robust market throughout 2023, Thai AirAsia started to experience lower demand during the second and third quarters, which requires immediate stimulus from the government to help alleviate the stagnant local purchasing power.
Fuel consumption decreases 0.4%
Business, Yuthana Praiwan, Published on 05/07/2024
» Thailand's total fuel consumption dipped by 0.4% year-on-year to 157.1 million litres per day (MLD) between January and May, attributed to higher energy prices and the country's economic slowdown, says the Department of Energy Business.
Ministry unlikely to extend jet fuel tax cut
Business, Wichit Chantanusornsiri, Published on 02/07/2024
» The Finance Ministry is unlikely to extend the duration of the jet fuel excise tax reduction after providing a tax break during the pandemic, according to Deputy Finance Minister Julapun Amornvivat.