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Bangkok Post

Business

RARE PHOTOS: Oil price hike hits airlines profits | Rare Historical Photos

Tassapon Bijleveld

Aircraft sit parked at Don Mueang airport in Bangkok during the Covid-19 pandemic. (Photo: Pattarapong Chatpattarasill)

The oil price surge has taken a toll on airlines' profitability, disrupting the opportunity to capitalise on rising domestic demand.

Low-cost carriers are reluctant to raise airfares as passengers remain price-sensitive during the pandemic.

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