-- Land and Houses Bank Public Company Limited (LH Bank) continues to drive sustainable finance by providing a Green Loan facility worth THB 650 million to Thai AirAsia for the purchase of an Airbus A320-251N (neo) aircraft, known for its fuel efficiency and reduced carbon emissions.
Mr. Mark Chen, Chief Business Banking Officer, LH Bank, said the Bank is pleased to extend a THB 650 million Green Loan to Thai AirAsia for the acquisition of an Airbus A320-251N neo aircraft. The initiative aims to enhance operational efficiency, lower fuel costs, and concretely reduce carbon dioxide emissions.
“This loan reflects LH Bank’s strong commitment to supporting environmentally responsible projects that promote sustainable growth,” he added.
Mr. Pairach Pornpatanangkool, Chief Financial Officer, Thai AirAsia Co., Ltd., said, “The Green Loan support from LH Bank enables Thai AirAsia, the leading airline in Thailand with the highest domestic market share, to advance our investment plan and fleet modernisation with next-generation Airbus A320neo and A321neo aircraft. These models offer 15–20% better fuel efficiency per flight compared to previous generations and can reduce carbon emissions by approximately 5,000 tonnes per aircraft per year.”
“Thai AirAsia remains committed to developing a responsible and sustainable aviation business, balancing operational efficiency, cost management, and long-term environmental stewardship. This marks another significant step toward becoming a truly eco-friendly airline,” he concluded.
Release ID: 89173324
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