Thai AirAsia (SET:AAV, Thai: ไทยแอร์เอเชีย) is a joint venture of Malaysian low-fare airline AirAsia (Thai: แอร์เอเชีย) and Thailand's Asia Aviation. It serves AirAsia's regularly scheduled domestic and international flights from Bangkok and other cities in Thailand.
Registered office: 60/1 Monririn B Building 3rd Floor, Soi Sailom, Phahonyothin Road, Sam Sen Nai Subdistrict, Khet Phaya Thai, Bangkok, 10400, Thailand
Head office: 222 Don Mueang International Airport, 3rd Floor, Central Office Building, Room No. 3200 Vibhavadi Rangsit Road, Don Mueang, Bangkok, Thailand 10210
Thai AirAsia was once the only low-cost airline operating both domestic and international flights from Suvarnabhumi Airport.[6] However, the airline transferred all operations in Bangkok from Suvarnabhumi Airport to Don Mueang International Airport effective 1 October 2012.[7] On 25 September 2020, Thai AirAsia resumed flights from Suvarnabhumi Airport. [8]
Thai AirAsia launched operations in February 2004. The first flight of Thai AirAsia from Bangkok-Don Mueang to Hat Yai.
On 15 February 2006 it was announced that Asia Aviation PLC (AAV), a registered Thai company,[9] had taken Shin Corp's 50 percent stake in Thai AirAsia. Asia Aviation was a joint venture set up by Shin Corp., which held 49 percent of Asia Aviation's shares while 51 percent was held by Thai investor Sittichai Veerathammanoon.[10]
Aircraft interior
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.[11][12]
Destinations
Main article: List of AirAsia Group destinations
Fleet
As of May2021[update], the Thai AirAsia fleet consists of the following aircraft:[13]
In June 2016, Tassapol Bijleveld, chief executive of AAV, said that, "Thai AirAsia will continue to grow and invest as planned for in 2016, accepting delivery of 51 new aircraft which, together with our existing fleet, will fly our estimated 17 million passengers to various destinations across the region,...".[12]
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