|Founded||8 December 2003|
|Commenced operations||4 February 2004|
|Hubs||Don Mueang International Airport|
Chiang Mai International Airport|
Phuket International Airport
Krabi International Airport
U-Tapao International Airport
Hat Yai International Airport
|Parent company||Asia Aviation Public Company Ltd|
|Key people||Santisuk Klongchaiya (CEO)|
|Revenue||29.5 billion baht (2015)|
|Net income||1.99 billion baht (2015)|
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.
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.
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.
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 Leicester City, Queens Park Rangers, the Thai Fight Muay Thai, the Thai football teams Bangkok Glass, Bangkok United, Buriram United, SCG Muangthong United, Chonburi, Super Power Samut Prakan, BEC Tero Sasana, Chainat, Sisaket, Pattaya United, Rajnavy FC, Ubon UMT United, Air Force Central, Port, TTM Customs, Phuket, Krabi, Nakhon Ratchasima, Gulf Saraburi, Ayutthaya, Khon Kaen, Samut Prakan CUTD, Nakhon Phanom, Loei City, Trang, Phayao, 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.
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- 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. 2016-06-15. Retrieved 18 January 2017.
- "Thai AirAsia, King Power to combine strengths". Bangkok Post. 14 June 2016. Retrieved 15 June 2016.
- "Thai AirAsia Fleet Details and History". planespotters.net. Archived from the original on 5 December 2016. Retrieved 31 December 2016.
- De Launey, Guy (6 February 2006). "Budget flights arrive in South-East Asia". BBC News. Retrieved 30 January 2015.
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