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Bangkok Aviation Fuel Services Plc (BAFS) expects its jet fuel sales to increase by 40% to 4.2 billion litres this year, up from 3 billion litres in 2022, thanks to the lifting of international travel restrictions.

SET-listed Bangkok Aviation Fuel Services (BAFS) expects sales of jet fuel to grow by 50% next year, up from an estimated 4.2 billion litres in 2022, or 10.9 million litres per day, as the aviation industry recovers.

SET-listed Bangkok Aviation Fuel Services Plc (BAFS) is planning to acquire another renewable power generation asset at around 700 million baht to offset a plunge in revenue in its refuelling business during the Covid-19 pandemic.