Piyasvasti: Environmental tax will not fuel sustainability

Piyasvasti: Environmental tax will not fuel sustainability

Thai Airways (THAI) President believes fuel efficiency is a business necessity and that environmental taxes are a negative approach to sustainable aviation.

He made his feelings clear at the 4th Greener Skies Aviation and Environment Summit at Island Shangri-La Hotel in Hong Kong recently. A panel discussion on “Aviation and the environment: the view from the CEO’s desk” was held between President of Thai Airways International Piyasvasti Amaranand, Chief Operating Officer of Cathay Pacific Airways Ivan Chu, and Director – General of International Air Transport Association Tony Tyler.

Piyasvasti said that there is a strong financial compulsion for THAI to reduce its fuel consumption, cutting back by 12% over the last decade by retiring aging aircraft and investing in new, more fuel-efficient models. The carrier also operated the ASPIRE Green Flights as a demonstration of its commitment to reducing greenhouse gas emissions and fossil fuel consumption. Piyasvasti, however, joined others in his criticism of proposed environmental taxes, which he claims would increase the cost of travel without real corresponding benefits to the environment and would act as a disincentive to regional trade and tourism.

Mark Elliott
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Mark Elliott
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