PTT Oil and Retail Business Public Company Limited (SET: OR) has partnered with Bangkok Airways Public Company Limited (SET: BA) to introduce Sustainable Aviation Fuel (SAF) produced by a domestic manufacturer for the first time in Thailand. This historic collaboration marks a significant step forward in advancing sustainable aviation and reflects the shared commitment of both companies to environmental stewardship.
Mr. Chaipruet Watchareecupt, Vice President, Aviation and Marine Marketing, at OR, and Mr. Dechit Chareonwong, Senior Executive Vice President of Operations at BA, signed a Letter of Intent (LOI) to procure and utilize SAF from a Thai producer—marking the first initiative of its kind in Thailand. The SAF will be used in Bangkok Airways’ flight operations, with the signing ceremony held at the airline’s headquarters on Vibhavadi Rangsit Road. This partnership reflects the shared commitment of both organizations to advancing sustainable development and represents a major step in propelling Thailand’s aviation industry toward a greener, more environmentally responsible future.
Mr. Chaipruet remarked that the partnership with Bangkok Airways marks a significant milestone, combining the strengths of OR—Thailand’s leading aviation fuel distributor—and Bangkok Airways, a premier airline, in pioneering the use of Sustainable Aviation Fuel (SAF) produced domestically for the first time. The SAF is supplied by PTT Global Chemical Public Company Limited (GC), which has developed innovative, sustainable technologies and introduced the co-processing method into Thailand’s aviation industry—an industry-first approach aimed at supporting the country’s future SAF policy implementation. He emphasized OR’s pride in being part of this groundbreaking collaboration and reaffirmed the company’s commitment to driving the sustainable development of Thailand’s aviation sector. Supplying SAF to Bangkok Airways is a major step toward elevating environmental standards in Thai aviation, reflecting both companies’ commitment to sustainability. This initiative also aligns with OR’s broader business vision to support Thailand’s national goal of achieving net-zero greenhouse gas emissions by 2065.
Mr. Dechit stated that this collaboration with OR represents a pivotal step forward for Bangkok Airways in its mission to elevate Thailand’s aviation sector toward a more sustainable future. The airline is proud to be the first in the country to use Sustainable Aviation Fuel (SAF) produced by a domestic supplier—an initiative that marks the beginning of a new chapter in green aviation. This milestone also reinforces the airline’s ongoing “Low Carbon Skies by Bangkok Airways” campaign, which aims to reduce carbon emissions across all facets of its operations. The partnership is a key part of a broader effort to accelerate the adoption of biofuels in Thailand’s aviation industry and to ensure the sector is prepared to meet the global shift toward sustainable air travel. It aligns with the International Air Transport Association’s (IATA) commitment to achieving carbon neutrality by 2050.
This collaboration highlights a significant step in advancing clean energy within the domestic aviation sector and underlines the International Air Transport Association’s (IATA) long-term objective of the 2050 net-zero achievement.
