THAI to add Europe flights despite jet fuel concerns

Airline continues to monitor outlook

Thai Airways plans to add European flights in a few months despite short-term concerns about potential jet fuel shortages and flight cancellations.

Flag carrier Thai Airways International (THAI) plans to add European flights, yet still maintain proactive fuel cost and route network management amid short-term concerns about spillover impacts from the war in the Middle East and geopolitical tensions.The International Air Transport Association (IATA) expressed short-term unease about potential jet fuel shortages and predicted flight cancellations would begin this month in Europe and parts of Asia, THAI said in its filing to the Stock Exchange of Thailand (SET) yesterday.

However, IATA's travel demand forecast indicates global air travel demand is likely to more than double by 2050, primarily driven by the Asia-Pacific region.

Growth rates will vary by region depending on demographic structures, market saturation levels, economic development and connectivity potential, noted the association.