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 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.
Thai AirAsia launched operations in February 2004. The first flight of Thai AirAsia from Bangkok-Don Mueang to Hat Yai.
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 May 2021[update], the Thai AirAsia fleet consists of the following aircraft:
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:
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