BAFS disclosed that although the second quarter of 2026 was a low season and affected by the Middle East conflict, operating results still beat expectations thanks to cost reductions and maintaining refuelling volumes close to the previous year. For the second half, which is the high season, if oil prices are not too high, the company believes travel will be robust, with the Thai Tour Thai Plus measures providing significant support. As a result, for full-year 2026, the company has raised its refuelling volume target to growth of about 1 to 2 percent from the previous year's 5.372 billion litres. Meanwhile, the third-phase northern oil pipeline project is more than 90 percent complete and is expected to begin commercial operations within the fourth quarter of 2026, with revenue recognition starting in the first quarter of 2027. This will be a key driver for the group to achieve a leap in growth next year.
Bangkok Aviation Fuel Services Public Company LimitedRaises refuelling volume target for 2026 due to expected high-season travel and Thai Tour Thai Plus scheme support.