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THAI to face Bt500m EU carbon levy in two years

The European Union’s carbon tax could cost Thai Airways International Bt500m a year for its flights entering the continent from 2012, and passengers will bear the burden. THAI president Piyasvasti Amranand gave the estimate as the flag carrier begins to assess the consequences, particularly on operating costs, of the EU’s green levies on aviation.

ThaiVest Editorial Team