Thai AirAsia

History

On 12 November 2003, AirAsia partnered with Shin Corporation to establish AirAsia Aviation Co. Ltd. (Thai AirAsia). It launched operations in February 2004 by launching flights from Bangkok–Don Mueang to Hat Yai, Phuket, and Chiang Mai.

On 15 February 2006, it was announced that Asia Aviation PLC (AAV), a registered Thai company, 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.

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-based AirAsia Group. In June 2016 King Power purchased 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. It sold back its shares to Asia Aviation a year later.

Thai AirAsia was once the only low-cost airline operating both domestic and international flights from Suvarnabhumi Airport in Bangkok, having moved there in 2007 from Don Mueang International Airport. However, the airline transferred all operations from Suvarnabhumi to Don Mueang on 1 October 2012. On 25 September 2020, Thai AirAsia resumed flights from Suvarnabhumi Airport.

Destinations

Main article: List of AirAsia Group destinations

, Thai AirAsia operates or has operated to the following destinations:

Fleet

Current fleet

, Thai AirAsia operates the following aircraft:

Former fleet

Sponsorship

Thai AirAsia is one of the sponsors of the Thailand national football team, Leicester City, Queens Park Rangers, the Thai Fight Muay Thai, the Thai football teams BG 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 of FAT, Coke Cup and Thailand Volleyball Association.

Marketing

Thai AirAsia has endorsement deals with the following:

• Mum Jokmok
• Pleumjit Thinkaow
• Aed Carabao
• Nadech Kugimiya

Reliability and on-time performance

Thai Air Asia was recognized by Cirium as 2022's most reliable airline in Asia. 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.

References

References

1. "AirAsia Move | Discover deals on flights, hotels, rides & more".
2. "Home Page".
3. (5 October 2022). "List of Thailand Air Operator Certificate Holders". [[Civil Aviation Authority of Thailand]].
4. (14 May 2018). "Thai AirAsia picks Santisuk as new CEO". Bangkok Post.
5. "Financial Highlights".
6. "Key Milestones".
7. "AAV : ASIA AVIATION PUBLIC COMPANY LIMITED".
8. (8 February 2006). "New Tie-up for AirAsia". The Nation.
9. (15 June 2016). "King Power buys 39% stake in Thai Air Asia". Straits Times.
10. (14 June 2016). "Thai AirAsia, King Power to combine strengths". Bangkok Post.
11. 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.
12. link. (5 February 2012)
13. (25 June 2012). "AirAsia confirms move to Don Mueang by Oct 1 [2012]".
14. (25 September 2020). "AirAsia Now Flying from Suvarnabhumi Airport! Announces Four Routes to Chiang Mai, Phuket, Krabi and Surat Thani".
15. "Thai AirAsia to resume flights to Ahmedabad from October 10". JetArena.
16. "Thai AirAsia to launch flights to Guwahati from December 1". AviationAll.
17. "Thai AirAsia NW24 International Network Expansion – 23Jul24".
18. "Thai AirAsia Adds Bangkok – Tiruchirappalli Service From Sep 2024".
19. (12 December 2023). "Thai Air Asia Plans new international flight connecting Bangkok and Visakhapatnam".
20. "Thai AirAsia Adds Phuket – Medan Service in late-2Q25".
21. "International Flight Schedule".
22. "Thai AirAsia Plans Nepal 4Q24 Launch".
23. (18 July 2024). "Thai AirAsia Adds Bangkok – Phu Quoc Service in NW24". Aeroroutes.
24. (September 2025). "Global Airline Guide 2025 - Thai AirAsia".
25. "Tourism Increase Spurs Expansion For Thai AirAsia | Aviation Week Network".
26. "Thai AirAsia to add ten A321neo in 2019".
27. (6 February 2006}}{{failed verification). "Budget flights arrive in South-East Asia". BBC News.
28. (9 January 2023). "These Were The Most Punctual Airlines And Airports In 2022".
29. "Cirium On-Time Performance History".