inflation rate was announced at 0.5 percent for 2017 (Source: Ministry of Finance). Overall aviation industry for the nine-month of 2017, revenue passenger kilometers (RPK) grew at 7.7 percent worldwide. The
following by Europe and Latin America, accounting for 8.2 and 7.0 respectively. On the other hands, worldwide capacity growth or Available seat kilometers (ASK) rose 6.3 percent on average. Again, Asia
consumption from private sector. However, expenses from the government sector, and tourism industry sector continued to increase, partly benefited from the return of Chinese tourists, and a decline of the
growth at 4.9 percent, followed by Asia Pacific, and Europe, accounting for 4.8 and 4.2 percent respectively. The slowdown of worldwide RPK growth because of the impact from US-China trade war and slowing
the highest growth at 8.6 percent, followed by Europe, and Latin America, accounting for 6.6 and 6.2 percent respectively. In addition, worldwide capacity growth, or available seat kilometers (ASK
from slow investment from private sector and export sector. Additionally, Thailand’s tourism has shown slow pace from a drop in international tourist arrival, especially Chinese tourists (Source: The
percent, followed by Europe and Latin America, 6.2 and 6.1 percent respectively. In terms of seat supply, worldwide capacity growth or available seat kilometers (ASK) of the first 9 months 2018 rose 6.0
America, accounting for 5.4 and 5.3 percent respectively. Meanwhile the Middle East RPK slightly dropped by 1.3 percent. For the supply side, worldwide capacity growth, or Available Seat Kilometers (ASK
8.6 percent: the greatest growths were contributed from Russia, Spain and Belgium at 19.2 percent, 16.9 percent and 13.9 percent respectively. However, the number of Chinese tourists slightly rose by