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Search Result for “barrel oil”

Showing 1 - 10 of 19

BUSINESS

Centara expands into budget hotels

Business, Molpasorn Shoowong, Published on 27/02/2026

» Centara Hotels & Resorts is targeting revenue growth of 15% this year, banking on a recovery in Thai tourism and diversified markets. The company will begin investing in the first phase of six budget hotels from 2026 to 2028 at petrol stations in partnership with PTT Oil and Retail Business (OR).

BUSINESS

Vietjet becomes 1st low-cost Thai airline to use green fuel

Business, Molpasorn Shoowong, Published on 07/11/2025

» Vietjet Thailand has become the first low-cost Thai carrier to operate flights with a 1% blend of sustainable aviation fuel (SAF), while it awaits the delivery of more fuel-efficient Boeing 737-8 jets delayed due to the US government shutdown.

BUSINESS

Travellers appear unfazed by Mideast airspace disruptions

Molpasorn Shoowong, Published on 24/06/2025

» Despite a possible ceasefire between Iran and Israel, disruptions to aviation in the Middle East might affect tourists’ decisions, though travel sentiment is expected to improve if tensions subside, travel industry executives said on Tuesday.

BUSINESS

War curbing Israeli tourist arrivals to Thailand

Molpasorn Shoowong, Published on 20/06/2025

» With the ongoing Israel-Iran war, The growth of the Israeli tourist market in Thailand this year is projected to shrink due to flight disruptions and airfares.

BUSINESS

Airlines on edge

Business, Molpasorn Shoowong, Published on 06/06/2025

» Despite improving financially this year, the aviation industry is still bracing for uncertainties from tariff policies, geopolitical conflicts and supply chain disruption, according to the International Air Transport Association (IATA).

BUSINESS

Low oil prices give airlines hope for 2025

Business, Molpasorn Shoowong, Published on 31/10/2024

» Rising supply chain costs still hamper the aviation industry, even though airlines should benefit from cheaper oil prices until next year, according to the International Air Transport Association (IATA).

BUSINESS

Reaching for the sky

Business, Molpasorn Shoowong, Published on 26/10/2024

» The aviation sector worldwide has been racing against time to reach net zero by 2050.

BUSINESS

Low net margin hampers aviation industry

Business, Molpasorn Shoowong, Published on 05/06/2024

» DUBAI: Despite forecasts of record-high revenue of nearly US$1 trillion this year, the aviation industry is hampered by a low net margin as geopolitical and economic challenges continue to affect cost management and its net-zero target, says the International Air Transport Association (IATA).

BUSINESS

Operators unfazed by Mideast situation

Business, Molpasorn Shoowong, Published on 19/04/2024

» Tourism operators view the Israel-Iran conflict and Dubai floods as having a short-term impact on long-haul arrivals, while outbound tourists remain hesitant about visiting the region amid the ongoing conflict.

BUSINESS

CRC unit sees tourism pacing growth

Business, Molpasorn Shoowong, Published on 17/02/2024

» Thailand's food industry should grow 2-3% in 2024, driven by inbound tourists nearing the level tallied in 2019, according to Central Food Wholesale.