In response to escalating aviation fuel costs and a decrease in mid-year travel demand, Thai AirAsia is set to curtail its overall seat capacity by about 30% for the months of May and June.
The airline stated on Tuesday that it would meticulously adjust flight frequencies for domestic routes. Internationally, the airline has temporarily suspended and decreased frequencies, primarily on Indian routes, due to elevated operating costs.
Phairat Pornpathananangoon, the CEO of the budget airline, reported that they are actively working on cost management strategies to counterbalance the sustained surge in aviation fuel prices and the expected mid-year travel downturn.
The airline is also focusing on effectively managing seat capacity to aptly meet the travel demand. Simultaneously, it is maintaining a balance by ensuring the fares reflect actual costs while remaining affordable for its customers.
In the case of Thailand’s domestic network, the airline plans to reduce its flight schedules at Suvarnabhumi Airport. During May and June, it will only maintain direct services from Suvarnabhumi to Chiang Mai and Phuket.
Meanwhile, for Don Mueang Airport, the airline intends to persist with its complete network across all destinations. The flight frequencies will be strategically adjusted to mirror actual passenger demand.
What measures is Thai AirAsia taking in response to the increase in aviation fuel prices and decreased mid-year travel demand?
Thai AirAsia is reducing its overall seat capacity by approximately 30% for May and June. It is also adjusting flight frequencies for domestic routes and has temporarily suspended and decreased frequencies on certain international routes.
How is Thai AirAsia managing its fares amid these changes?
The airline is working to ensure that fares remain reflective of actual costs while still being reasonable for its customers.
What changes will be made to Thai AirAsia’s domestic network?
The airline plans to scale back its flight schedules at Suvarnabhumi Airport, retaining only direct services from Suvarnabhumi to Chiang Mai and Phuket during May and June. However, it will continue to operate its full network at Don Mueang Airport, adjusting flight frequencies to match passenger demand.
