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Asian airlines trim schedules and carry extra fuel as supplies tighten
Reuters, Published on 07/04/2026
» HONG KONG/SINGAPORE - Airlines across Asia are cutting flights, carrying extra fuel from home airports and adding refuelling stops as the Middle East conflict squeezes jet fuel supply in some countries, adding to pressure on an industry already hit by a sharp jump in fuel costs.
Call for jet fuel tax break as costs soar
Business, Yuthana Praiwan, Published on 07/04/2026
» Bangkok Aviation Fuel Services Plc (BAFS), Thailand's sole jet refuelling provider, has called on the government to exempt jet fuel from the excise tax of 4.72 baht per litre, warning the levy undermines the country's aviation competitiveness.
Global tensions hit home
Business, Somruedi Banchongduang, Somhatai Mosika and Lamonphet Apisitniran, Published on 06/04/2026
» With the US-Israel battle against Iran entering its sixth week, the global economy continues to feel the effects stemming from the closure of a key oil shipping route, the Strait of Hormuz.
Middle East markets hit hardest by Iran conflict
Business, Narumon Kasemsuk, Published on 04/04/2026
» Middle Eastern markets, particularly Israeli arrivals, have been hit the hardest by the Gulf war, with more than 120,000 airline seats lost, while the US is expected to be the only long-haul market still solid in the coming months, according to the Thai Hotels Association (THA).
Oil refineries in the spotlight
Business, Yuthana Praiwan, Published on 04/04/2026
» A proposal for the government to intervene in oil refinery costs and profits was not included as one of the seven measures recently unveiled to ease the consumer impact of surging global crude oil prices.
Scoot bookings strong despite Gulf strife
Business, Narumon Kasemsuk, Published on 02/04/2026
» Scoot, the low-cost subsidiary of Singapore Airlines, continues to register strong air travel demand from regions unaffected by the Gulf war across seven destinations in Thailand and plans to expand into secondary regional cities, supported by the delivery of nine Embraer E190‑E2 aircraft.
Food exports poised to drop by over 7%
Business, Somhatai Mosika, Published on 01/04/2026
» Food exports are projected to decline by 7.3% year-on-year to 1.4 trillion baht this year, possibly hitting their lowest level in five years due to Middle East conflicts, say industry groups.
Selective strategies key amid energy price surge
Business, Nuntawun Polkuamdee, Published on 01/04/2026
» Thailand's equity market is bracing for renewed cost pressures as energy prices surge, echoing patterns seen during earlier stages of the Russia-Ukraine war, with analysts urging selective positioning amid rising inflation risks, says Bualuang Securities (BLS).
Cautious investments urged amid chaos of Mideast war
Business, Nuntawun Polkuamdee, Published on 31/03/2026
» Investors are being advised to raise cash positions amid heightened volatility in the Middle East, says InnovestX Securities, warning that a prolonged conflict could materially weaken Thailand's economic outlook while amplifying fiscal and financial risks.
AirAsia still confident despite price pressures
Business, Molpasorn Shoowong, Published on 31/03/2026
» AirAsia says soaring airfares are inevitable amid the Middle East conflict and oil crisis, but it remains confident about travel demand across its network and vows to maintain affordable airfares as much as possible.