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Thai AirAsia

Thai AirAsia
ไทยแอร์เอเชีย
AirAsia New Logo.svg
IATA ICAO Callsign
FD AIQ THAI ASIA
Founded 8 December 2003; 13 years ago (2003-12-08)
Hubs Don Mueang International Airport
Secondary hubs Chiang Mai International Airport
Phuket International Airport
Krabi International Airport
U-Tapao International Airport
Hat Yai International Airport
Frequent-flyer program BIG
Fleet size 51
Destinations 48
Parent company Asia Aviation Public Company Ltd
Headquarters
Key people Tassapon Bijleveld (CEO)
Revenue Increase 29.5 billion baht (2015)
Net income Increase 1.99 billion baht (2015)
Website www.airasia.com

Thai AirAsia (: 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.

Thai AirAsia was the only low-cost airline operating both domestic and international flights from Suvarnabhumi Airport. The airline transferred all operations from Suvarnabhumi Airport to Don Mueang International Airport effective 1 October 2012.

According to FlightStats, as of 2013, Thai AirAsia is the second best on-time airline in Asia, with an estimated 96.08% of flights arriving on time.

Thai AirAsia launched operations on February 2004.

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.

As of December 2016, the Thai AirAsia fleet consists of the following aircraft with an average age of 4.3 years:

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,...". new aircraft neo from Toulouse sent to Thai AirAsia HS-BBX


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