From Thailand to Philippines, airlines recover but need China reopening

Soaring fuel prices weigh on debt-laden Southeast Asian carriers

20220803 Thai Airways S1AETVOBMAAB

Thai Airways aircraft parked at Bangkok's Suvarnabhumi Airport. Thailand has scrapped almost all COVID-related travel restrictions. © Reuters

YOHEI MURAMATSU and YUSUKE HINATA, Nikkei staff writers

BANGKOK/GUANGZHOU -- Airlines across Southeast Asia report the beginnings of a rebound in bookings as a loosening of travel restrictions brings tourists back to the region.

At Thai Airways, "we believe this year's peak season from October will see the highest number of passengers in the last two years," said Nond Kalinta, chief commercial officer.

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