This article needs to be updated.November 2018)(
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.
|Founded||8 December 2003|
|Commenced operations||4 February 2004|
|Hubs||Don Mueang International Airport|
Phuket International Airport
|Secondary hubs||Chiang Mai International Airport|
Chiang Rai International Airport
Krabi International Airport
U-Tapao International Airport
Hat Yai International Airport
|Company slogan||Now Everyone Can Fly|
|Parent company||Asia Aviation Public Company Ltd|
|Traded as||SET: AAV|
|Key people||Santisuk Klongchaiya (CEO)|
|Revenue||29.5 billion baht (2015)|
|Net income||1.99 billion baht (2015)|
Thai AirAsia was once the only low-cost airline operating both domestic and international flights from Suvarnabhumi Airport. However, the airline transferred all operations in Bangkok from Suvarnabhumi Airport to Don Mueang International Airport effective 1 October 2012.
On 15 February 2006 it was announced that Asia Aviation PLC (AAV), a registered Thai company, 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.
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.
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,...".
The airline sponsors of 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, SCG Muangthong United, Chonburi, Rajpracha, Police Tero, Chainat, Sisaket, Samut Prakan City, Rajnavy FC, Ubon United, Air Force Central, 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.
Thai AirAsia has endorsement deals with the following:
- Join BIG! AirAsia BIG Loyalty Programme Archived 26 May 2008 at the Wayback Machine
- "Home Page". Asia Aviation Public Company Ltd. Retrieved 30 January 2015.
- Limited, Bangkok Post Public Company. "Thai AirAsia picks Santisuk as new CEO". Bangkok Post. Retrieved 14 May 2018.
- Kositchotethana, Boonsong (27 February 2016). "TAA, Bangkok Airways post healthy profits". Bangkok Post. Retrieved 27 February 2016.
- Thai AirAsia To Stay At Suvarnabhumi Airport :: Bernama.com Archived 5 February 2012 at the Wayback Machine
- "AirAsia confirms move to Don Mueang by Oct 1 ". The Nation. 25 June 2012. Retrieved 30 January 2015.
- "AAV : ASIA AVIATION PUBLIC COMPANY LIMITED". The Stock Exchange of Thailand (SET). Retrieved 15 June 2016.
- Sritama, Suchat (8 February 2006). "New Tie-up for AirAsia". The Nation. Retrieved 15 June 2016.
- "King Power buys 39% stake in Thai Air Asia". Straits Times. Agence France Presse, Reuters. 15 June 2016. Retrieved 18 January 2017.
- "Thai AirAsia, King Power to combine strengths". Bangkok Post. 14 June 2016. Retrieved 15 June 2016.
- De Launey, Guy (6 February 2006). "Budget flights arrive in South-East Asia". BBC News. Retrieved 30 January 2015.[not in citation given]