The Transport Ministry has agreed to adjust maximum fare ceiliny for inter-provincial bus services by 20 percent so as to enable more flexibility for bus operators to cut fares to compete with air fares of low cost airlines.
The new fares will become effectible before the New Year festival.
The fare cut was revealed by the deputy permanent secretary for Transport Mr Darun Saengchai after a meeting of the ministry’s bus fare committee
He said the committee has decided to lower ceiling fares for bus services operated between Bangkok and other provinces and between two provinces by state-owned Transport Company and its concessionaries or private pool bus operators by 20 percent.
He said the new ceiling price would give bus operators more flexibility to adjust their fare to attract more passengers, especially when the transport is becoming more competitive.
The new ceiling will also enable bus operators to compete against low-cost airlines to attract customers back to bus travels, he added.
From the adjustment, bus fare from Bangkok to Sungai Kolok district of Narathiwat province should decrease from 1,200 baht to 800 baht while a standard bus service from Bangkok to Chiang Mai province in the North should be lowered from 700 baht to 500 baht.
The new rate should take effect before the New Year festival next year.
Bus fares cut to compete budget airlines - Thai PBS English News