Nok Air

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Nok Air
นกแอร์
Nok Air logo.svg
IATA ICAO Callsign
DD NOK NOK AIR
Founded February 2004
Commenced operations July 2004
Hubs Don Mueang International Airport
Frequent-flyer program Nok Fan Club
Subsidiaries NokScoot (51%)
Fleet size 25
Destinations 25
Company slogan We Fly Smiles
ทุกเที่ยวบินมีรอยยิ้ม
Headquarters Rajanakarn Building 17th Floor, 3 South Sathon Road, Yannawa, Sathorn, Bangkok, Thailand
Key people Mr. Patee Sarasin (CEO)
Website www.nokair.com

Nok Air (SETNOK, Thai: นกแอร์, derived from nok (นก), the Thai word for bird) is a major low-cost airline in Thailand operating domestic services out of Bangkok's Bangkok Don Mueang Airport.[1] Nok Air is the budget airline of Thai Airways International.

History[edit]

The airline was established in February 2004 and started operations on 23 July 2004. It had 130 employees in March 2007 and around 1,400 in 2014.[1] Nok Air began its first international service on 31 May 2007, with daily flights to Bangalore, India.

Nok Air serves the highest number of domestic routes within Thailand (24 routes).[2] This strategy has been successful. In 2013, Nok Air generated 1,066 million Thai baht in net profit on revenues of 11.3 billion Thai baht.

Since its inception, Nok Air has been operating largely independently from Thai Airways International. This has led to some friction between the two companies. To gain greater control of Nok Air, Thai Airways has tried to purchase the shares of other shareholders, notably Krung Thai Bank. However, although Thai Airways and Krung Thai Bank are both state enterprises under the control of the Ministry of Finance (Thailand), Krung Thai Bank refused to sell its shares in Nok Air to Thai Airways. The purchase would have lifted Thai Airways’ stake in Nok Air from 39% to 49%.[3]

In 2014 Nok Air announced a joint venture with Scoot Airlines ( a low cost subsidiary of Singapore Airlines ) to form NokScoot, a low cost regional airline based out of Don Muang Airport in Bangkok.

Destinations[edit]

Domestic[edit]

From Bangkok - Don Mueang International Airport (Primary Hub)
From Chiang MaiChiang Mai International Airport

International[edit]

Myanmar
China
Vietnam

Miscellaneous[edit]

Nok Air also offers ferry services to domestic Island destinations as well as domestic and cross border coach services to Vientiane and Pakse in Laos in conjunction with other tour operators.[6]

Fleet[edit]

Nok Air Boeing 737-800, Phuket International Airport.
Nok Air ATR 72-200, Chiang Mai International Airport.

As of 22 August 2015, the Nok Air fleet consisted of the following leased aircraft. [7][8]

Nok Air operates more than 20 aircraft. However the company announced they will retired three 737s by the end of May. They took delivery of their first Q400 in 2014.

Nok Air fleet
Aircraft Total Orders Passengers Notes
C Y Total
Bombardier Dash 8 Q400 NextGen 4 2 86 86 Launch customer for high-density variation
ATR 72-500 2 66 66
Boeing 737 MAX 8 0 8
Boeing 737-800 19[9] 6 189 189
Total 25 16

Shareholders[edit]

Shareholders (as of 27 December 2013)[10]  % of shares owned
Thai Airways International Public Company Limited 39.2%
Aviation Investment International Limited 9.9%
State Street Bank Europe Limited 6.8%
CPB Equity Company Limited 4.8%
Mr. Patee Sarasin 4%
The Siam Commercial Bank Public Company Limited 4%
Mr. Supapong Asvinvichit 4%
HSBC, Fund Services Department 1.6%
Thai NVDR Company Limited 1.3%
K20 Select Long Term Investment Fund 1.1%

See also[edit]

References[edit]

External links[edit]