BANGKOK - THAI Airways International said it would cut fuel surcharges by up to 30 per cent for tickets issued from Oct 1 because the cost of jet fuel had fallen.

After the decrease, the charges on international flights would range from US$41 (S$59) to US$266 per ticket, the national carrier said in a statement late on Wednesday, adding that it expected the cut to boost passenger numbers within Asia especially.

For domestic flights, the company will collect a levy of 750 baht (S$32) per ticket on most routes, down from 850 baht.

Shares in Thai Air closed up 0.8 per cent at 12 baht on Wednesday, while the main Thai index fell 0.35 per cent.

The shares have fallen 69 per cent this year, hit by surging fuel costs and a drop in passengers. -- REUTERS