Europe airfares jump 100%, Bangkok–London economy ticket tops 70,000 baht

2026-03-04 - 06:53

BANGKOK — Airfares from Thailand to Europe have surged by up to 100% following Middle East airspace closures linked to the Israel–Iran conflict, the Civil Aviation Authority of Thailand (CAAT) said on 4 March. Eight Middle Eastern airlines operating in Thailand have suspended flights, significantly reducing seat capacity on key international routes, particularly to Europe. As a result, ticket prices on airlines still operating have climbed sharply. One-way economy fares on the Bangkok–London route with Thai Airways International have risen to more than 70,000 baht, up from an average of about 30,000 baht. Fares on Singapore Airlines have increased to around 58,000 baht. Many flights are fully booked through next week. CAAT said the spike reflects strong travel demand combined with reduced supply after the suspension of services by major Gulf carriers, which previously handled more than 10,000 passengers per day from Thailand. With fewer flights available, fares have adjusted to market levels, reaching near maximum pricing thresholds. The regulator said it does not have authority to cap international ticket prices, as fares are determined by competition, seasonal demand and bilateral aviation agreements. CAAT’s oversight focuses on slot allocation, passenger rights and safety standards. Officials also warned that rising global oil prices could further increase aviation costs. Airlines affected by the disruption may seek approval to raise fuel surcharges for cargo operations, which are incorporated into ticket prices, potentially pushing fares even higher. As of now, no airline has formally requested a surcharge adjustment. On 4 March, CAAT invited Emirates and Qatar Airways for talks to monitor how stranded passengers are being assisted, including accommodation arrangements, refunds and rebooking options following the airspace closures.