Airfares are expected to gradually fall next year due to an increase in licensed airlines and a higher number of aircraft in the air transport sector, according to the Civil Aviation Authority of Thailand (CAAT).

Thai Smile set to cease its flight operations by the end of this year

The CAAT said on Tuesday night that eight airlines had recently received air operator licences from the transport minister (Suriya Jungrungreangkit) and were planning to deploy a total of 60 airplanes throughout 2024.

Full story: Bangkok Post

BANGKOK POST REPORTERS