The airline has notified travel agents that it will cancel flights and reduce frequencies on domestic and international routes across Asia and Europe. According to The Nation, the decision is driven by surging fuel prices worldwide, which have been exacerbated by the ongoing conflict in Iran. Thai Airways confirmed that alternative arrangements have been put in place to support agents and passengers, though the specific details of these measures have not been disclosed. It remains unclear how many passengers are estimated to be impacted by the 46 service changes or the exact financial toll on the airline's operations.
The timetable shake-up comes as global oil markets face volatility due to the Iran conflict. The US and Israel have carried out joint strikes on several key Iranian targets since hostilities began on February 28. Iran retaliated by striking targets across the Middle East and shutting down the vital Strait of Hormuz trade route, through which approximately 20% of all global oil trading passes. The closure has sent shockwaves through international oil markets, pushing fuel prices sharply higher. In response, the US has enforced a blockade on Iranian ports within the strait in a bid to end the closure and push forward negotiations. A short-term ceasefire is currently in place, but a lasting peace agreement has yet to be secured, and the specific dates for the ceasefire and status of ongoing talks are unknown. It is also not confirmed whether other airlines besides Thai Airways are planning similar flight schedule cuts due to the conflict and fuel prices.