Thai AirAsia(SET:AAV,Thai:ไทยแอร์เอเชีย) is a Thailow-cost airline.It is a joint venture ofMalaysianAirAsia(แอร์เอเชีย) and Thailand's Asia Aviation. It serves AirAsia's regularly scheduled domestic and international flights fromBangkokand other cities in Thailand.
| |||||||
Founded | 12 November 2003 | ||||||
---|---|---|---|---|---|---|---|
Commenced operations | 4 February 2004 | ||||||
AOC # | AOC.0002[1] | ||||||
Operating bases | |||||||
Frequent-flyer program | BIG Loyalty Programme[2] | ||||||
Fleet size | 60 | ||||||
Destinations | 67 | ||||||
Parent company | Asia Aviation Public Company Limited[3] | ||||||
Traded as | SET:AAV | ||||||
Headquarters |
| ||||||
Key people | Santisuk Klongchaiya (CEO)[4] | ||||||
Revenue | THB2.15 billion (2021)[5] | ||||||
Net income | THB −6.65 billion (2021)[5] | ||||||
Website | www |
History
editOn 12 November 2003, AirAsia partnered withShin Corporationto establish AirAsia Aviation Co. Ltd. (Thai AirAsia). It launched operations in February 2004 by launching flights fromBangkok–Don MueangtoHat Yai,Phuket,andChiang Mai.[6]
On 15 February 2006, it was announced that Asia Aviation PLC (AAV), a registered Thai company,[7]had taken Shin Corporation's 50 percent stake in Thai AirAsia. Asia Aviation was a joint venture set up by Shin Corporation, which held 49 percent of Asia Aviation's shares, while 51 percent was held by Thai investor Sittichai Veerathammanoon.[8]
In May 2007, Thai AirAsia's management acquired 100 percent of Asia Aviation. Thai AirAsia is 55 percent owned by Asia Aviation and 45 percent owned by Malaysia-basedAirAsia Group.In June 2016King Powerpurchased a US$225 million stake in Thai AirAsia. The purchase of 39 percent of holding company Asia Aviation makes King Power the second largest shareholder in Thai AirAsia.[9][10]It sold back its shares to Asia Aviation a year later.[11]
Thai AirAsia was once the onlylow-cost airlineoperating both domestic and international flights fromSuvarnabhumi AirportinBangkok,having moved there in 2007 fromDon Mueang International Airport.[12]However, the airline transferred all operations from Suvarnabhumi to Don Mueang on 1 October 2012.[13]On 25 September 2020, Thai AirAsia resumed flights from Suvarnabhumi Airport.[14]
Destinations
editAs of November 2024[update],Thai AirAsia operates or has operated to the following destinations:
Fleet
editCurrent fleet
editAs of July 2024[update],Thai AirAsia operates the following aircraft:[22]
Aircraft | In service | Orders | Passengers | Notes |
---|---|---|---|---|
Airbus A320-200 | 44 | 4 | 180 | [23] |
Airbus A320neo | 11 | — | 186 | |
Airbus A321neo | 5 | 5 | 236 | [24] |
Total | 60 | 9 |
Former fleet
editAircraft | Total | Introduced | Retired | Replacement | Notes |
---|---|---|---|---|---|
Boeing 737-300 | 14 | 2004 | 2010 | Airbus A320-200 |
Sponsorship
editThai AirAsia is one of the sponsors of theThailand national football team,Leicester City,Queens Park Rangers,the Thai Fight Muay Thai, the Thai football teamsBG Pathum United,Bangkok United,Buriram United,Muangthong United,Chonburi,Rajpracha,Police Tero,Chainat,Sisaket,Samut Prakan City,Rajnavy FC,Ubon United,Rayong,Port,Udon Thani,Krabi,Nakhon Ratchasima,Ayutthaya United,Khon Kaen,MOF CUTD,Nakhon Phanom,Loei City,Trang,Phayao,Phuket City,The referee ofFAT,Coke Cup andThailand Volleyball Association.[25]
Marketing
editThai AirAsia has endorsement deals with the following:
Reliability and on-time performance
editThai Air Asia was recognized by Cirium as 2022's most reliable airline in Asia.[26]Thai Air Asia had an on-time performance rate of 91.56% in 2022. This was the first year it had won the top position.[27]
References
edit- ^"List of Thailand Air Operator Certificate Holders".Civil Aviation Authority of Thailand.5 October 2022.Retrieved5 October2022.
- ^Join BIG! AirAsia BIG Loyalty ProgrammeArchived26 May 2008 at theWayback Machine
- ^"Home Page".Asia Aviation Public Company Ltd.Retrieved30 January2015.
- ^"Thai AirAsia picks Santisuk as new CEO".Bangkok Post.14 May 2018.Retrieved14 May2018.
- ^ab"Financial Highlights".Asia Aviation.Retrieved8 January2023.
- ^"Key Milestones".Asia Aviation.Retrieved8 January2023.
- ^"AAV: ASIA AVIATION PUBLIC COMPANY LIMITED".The Stock Exchange of Thailand (SET).Retrieved15 June2016.
- ^Sritama, Suchat (8 February 2006)."New Tie-up for AirAsia".The Nation.Retrieved15 June2016.
- ^"King Power buys 39% stake in Thai Air Asia".Straits Times.Agence France Presse, Reuters. 15 June 2016.Retrieved18 January2017.
- ^"Thai AirAsia, King Power to combine strengths".Bangkok Post.14 June 2016.Retrieved15 June2016.
- ^Moodie, Martin (27 December 2017)."King Power owners sell back 36.3% stake in Asia Aviation to airline CEO for US$252 million".The Moodie Davitt Report.Retrieved8 January2023.
- ^Thai AirAsia To Stay At Suvarnabhumi Airport:: Bernama.comArchived5 February 2012 at theWayback Machine
- ^"AirAsia confirms move to Don Mueang by Oct 1 [2012]".The Nation.25 June 2012.Retrieved30 January2015.
- ^"AirAsia Now Flying from Suvarnabhumi Airport! Announces Four Routes to Chiang Mai, Phuket, Krabi and Surat Thani".25 September 2020.
- ^"Thai AirAsia to resume flights to Ahmedabad from October 10".JetArena.Retrieved8 August2023.
- ^"Thai AirAsia to launch flights to Guwahati from December 1".AviationAll.Retrieved13 September2023.
- ^"THAI AIRASIA NW24 INTERNATIONAL NETWORK EXPANSION – 23JUL24".Aeroroutes.Retrieved23 July2024.
- ^"THAI AIRASIA ADDS BANGKOK – TIRUCHIRAPPALLI SERVICE FROM SEP 2024".Aeroroutes.Retrieved6 June2024.
- ^"Thai Air Asia Plans new international flight connecting Bangkok and Visakhapatnam".The Times of India.12 December 2023.
- ^"THAI AIRASIA PLANS NEPAL 4Q24 LAUNCH".Aeroroutes.Retrieved12 August2024.
- ^"THAI AIRASIA ADDS BANGKOK – PHU QUOC SERVICE IN NW24".Aeroroutes. 18 July 2024.
- ^"Thai AirAsia Fleet Details and History".
- ^"Tourism Increase Spurs Expansion for Thai AirAsia | Aviation Week Network".
- ^"Thai AirAsia to add ten A321neo in 2019".
- ^De Launey, Guy (6 February 2006)."Budget flights arrive in South-East Asia".BBC News.Retrieved30 January2015.[failed verification]
- ^"These Were The Most Punctual Airlines And Airports In 2022".Travel and Leisure Asia | Thailand.9 January 2023.Retrieved12 October2023.
- ^"Cirium On-Time Performance History".Cirium.Retrieved12 October2023.