Asia Aviation Public Company Limited (AAV)
A holding company investing in the business of low-fare airlines or relevant businesses related to airline operations. Currently, the only investment is in Thai AirAsia.
Thai AirAsia Company Limited (TAA)
A low-cost airline operator in Thailand, Thai AirAsia commenced operations in September 2003 under the supervision of the Civil Aviation Authority of Thailand (CAAT). Thai AirAsia offers domestic and international flights using its narrowbody Airbus models A320 and A321. Currently, Thai AirAsia Company Limited has only one shareholder, Asia Aviation Public Company Limited.
Business Overview
Thai AirAsia envisions becoming Asia's leading sustainable travel technology company, offering more than just affordable flights.
Welcome Aboard Thai AirAsia
Thai AirAsia is an exceptional low-cost airline catering to diverse customer needs.
Low Fare, No Frills
Thai AirAsia operates under the "Now everyone can fly" concept, offering low fares and a no-frills strategy. Customers can pay extra for additional services such as check-in baggage, seat selection, and in-flight services with the concept "You Pay What You Want".
Flying with Airbus A320 Family
Thai AirAsia serves passengers with Airbus A320 aircraft, which are among the best in their class for narrow-body planes. We continually add new aircraft to our fleet, ensuring that every Thai AirAsia flight offers enhanced service and the highest level of safety.
Cosy and Fun
All of our employees have the service mind, in providing friendly, best- quality services from the heart to all our passengers. All our employees have always been recognised in providing cosy and fun atmosphere to all our customers, having a friendly and smiley attitude. This has created a new fun and enjoyable travel experience when flying with Thai AirAsia.
Year-Round Promotions for Passengers
Thai AirAsia is constantly evolving, continuously engaging in marketing activities that highlight attractive promotions for travel enthusiasts. We collaborate with all tourism partners to elevate Thai tourism to the forefront.
Vision and Mission
Vision
To be the leading sustainable travel technology company in Asia providing more than just affordable flights.
Mission
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01To provide the highest quality product, embracing technology to reduce cost and enhance service.
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02To create jobs across the region and be the best company to work for where dreams come true.
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03To care for all our stakeholders, from Allstars, guests, business partners, investors to communities and governments.
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04To create a globally recognised, sustainable ASEAN brand focused on adding value to the economy, society and environment.
The compliment that always puts a smile on our faces is “if you want to fly on time, fly Thai AirAsia.”
Key Milestones
2004
Thai AirAsia began operating domestic air services from Bangkok's Don Mueang Airport to Hat Yai (Songkhla), Phuket and Chiang Mai as well as our first international flight from Bangkok to Singapore with two Boeing 737 aircraft.
2006
Asia Aviation was incorporated and acquired 50% of shares in Thai AirAsia.
2007
- Thai AirAsia moved our hub from Don Mueang International Airport to Suvarnabhumi International Airport.
- Thai AirAsia received our first Airbus A320 aircraft.
2009
Thai AirAsia launched new hub in Phuket.
2010
Thai AirAsia fleet is comprised of single aircraft type, the Airbus A320.
2012
- Asia Aviation was listed in the Stock Exchange of Thailand (SET) and increased its shareholding in Thai AirAsia to 55%.
- Thai AirAsia received its first aircraft under finance lease term.
- Thai AirAsia moved its hub from Suvarnabhumi International Airport to Don Mueang International Airport.
2013
Thai AirAsia reopened hub in Chiang Mai.
2014
Thai AirAsia rewarded The World Best LCC’s OTP in 2013 from Flightstats.
2015
Thai AirAsia rewarded The Best of Airline from The Best of Thailand Awards Voted by Chinese Tourists.
2016
Thai AirAsia received Airbus A320 neo aircraft, the first of its kind in Thailand.
2017
Thai AirAsia is the first Thai Low-Fare Carrier to receive AOC Re-Certification.
2018
- Asia Aviation received outstanding investor relations award in SET Awards 2018.
- Thai AirAsia received Marketing Excellence Awards of Her Royal Highness Princess Maha Chakri Sirindhorn from Thai Management Association (TMA).
2019
- Asia Aviation has been listed for the first time in Thailand Sustainability Investment (THSI) of 2019.
- Asia Aviation won Best IR Website of South East Asia
- Thai AirAsia received Airbus A321 neo aircraft, the two first of its kind in Thailand.
2020
- Thai AirAsia launched new hub in Suvarnabhumi International Airport.
- Asia Aviation listed in the Thailand Sustainable Investment (THSI) of 2020.
- Asia Aviation won Best Annual Report of the South East Asia.
2021
- The company’s Board of Directors has approved Asia Aviation and Thai AirAsia’s shareholding restructuring plan
- Asia Aviation listed in the Thailand Sustainable Investment (THSI) of 2021
- Asia Aviation won the Best Crisis Management of Southeast Asia
2022
- Asia Aviation completed acquisition of all Thai AirAsia shares
- Asia Aviation listed in the Thailand Sustainable Investment (THSI) of 2022 for 4th consecutive year
- AirAsia Aviation Academy started launching flagship services on training in leadership, team-building, and aviation
2023
Thai AirAsia achieved a record domestic passenger market share of 37%