The Gulf Time Newspaper One of the finest business newspapers in the UAE brought to you by our professional writers and editors.
BLOOMBERG
Thai Airways International Pcl says flights from China have been over 90% full after Southeast Asia’s second-largest economy temporarily relaxed visa rules for visitors.
“We have seen significant growth in terms of Chinese traffic into Thailand,” the carrier’s Chief Commercial Officer Korakot Chatasingha told Bloomberg Television.
Thailand is banking on Chinese visitors to lead a spending recovery as policy tweaks and new airport infrastructure bolster the tourism-dependent nation. Bangkok’s busiest airport just last week opened a new terminal.
Thai Airways, which is going through a debt restructuring after Covid, said last month it plans to increase its flights to five Chinese cities to 56 a week, up from 49, starting from December 1.
Chinese visitors from September 25 to February 29 can enjoy visa-free entry to Thailand as the popular holiday destination seeks to boost flagging tourist numbers from Asia’s biggest economy. Eight months into 2023, arrivals from China are only about 50% of pre-pandemic volumes, Korakot said.
While Korakot said he remains confident in the long-term recovery of Thailand’s largest source of foreign tourists, the airline is weighing whether to further increase China flights to pre-Covid levels.
“We are trying to anticipate if the number is growing strongly, we believe we can go back to the levels in 2019,” Korakot said.