All Thai AirAsia articles
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NewsCapital A to divest airline units to AirAsia X as part of restructuring plan
Capital A has outlined plans to dispose of its airline interests to AirAsia X after seeking an extension from the Malaysian stock market to submit “a holistic regularisation” plan.
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NewsCovid-19 resurgence pushes Thai AirAsia parent deeper in the red
Thai AirAsia parent company Asia Aviation widened its third-quarter operating loss, amid a sharp revenue plunge from having to suspend operations during Thailand’s worst wave of coronavirus infections.
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NewsThai AirAsia parent widens second-quarter operating loss
Thai AirAsia parent company Asia Aviation widened its second-quarter operating loss — with revenue decline outpacing cost reduction efforts — as the low-cost carrier eyes alternative revenue streams in e-commerce and cargo.
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NewsThai AirAsia eyes year-end international restart amid worsening financial results
Thai low-cost carrier Thai AirAsia has warned that the third wave of coronavirus infections in April will impact its profitability, as it sank deeper in the red amid plunging revenue.
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NewsThai AirAsia eyes April domestic restart amid widening losses
Thai AirAsia expects to resume all domestic flights by April, even as its parent company’s full-year losses widen amid the impact from the coronavirus pandemic.
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NewsTwo more AirAsia carriers suspend operations from April
Indonesia AirAsia and Thai AirAsia are the latest among the AirAsia Group carriers to suspend operations, leaving just AirAsia Japan in service. Indonesia AirAsia will suspend domestic flights until 21 April and international flights until 17 May. Thai AirAsia will halt all domestic services during the month of April, having ...
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NewsThai AirAsia parent slips to loss in 2019
Thai AirAsia’s parent company posted an operating loss of Bt100 million ($3.14 million) for the whole of 2019, as costs outpaced revenues. This contrasts with a Bt660 million operating profit in 2018. Asia Aviation’s revenue for the year ended 31 December 2019 rose 3% to Bt41.6 billion. The company attributed ...
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Thai AirAsia parent narrows third-quarter loss
Thai AirAsia’s parent company narrowed its losses in the third quarter, from a Bt531 million ($17.5 million) operating loss in 2018 to Bt482 million in 2019.
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CAE adds new training facilities, signs new airline customers
Flight training provider CAE is expanding its footprint in Asia with the opening of new training centres in Bangkok and Delhi, as well as new training contracts with airlines in the region.
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Surging depreciation and costs hit AirAsia's first-quarter profit
AirAsia has reported a first-quarter operating profit down 68% at MYR236 million ($56.3 million), after a sharp increase in total expenditure.
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Thai authorities trumpet improved regulatory regime
The Civil Aviation Authority of Thailand (CAAT) has disclosed notable improvements in its regulatory capabilities following a series of ICAO audits.
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Thai AirAsia parent Q1 operating profit halves
The parent company of Thai Airasia, Asia Aviation, first quarter operating profit fell 46% to Bt1.1 billion ($34.7 million).
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Bangkok Airways enters U-Tapao development fray
Bangkok Airways and two other firms have submitted a joint proposal for the development of an aviation hub at Thailand’s U-Tapao airport.
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Thai AirAsia parent walks away from potential Nok stake
Asia Aviation has decided to walk away from a potential stake acquisition in struggling low-cost rival Nok Air.
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Thai AirAsia parent considering Nok Air investment
Thai AirAsia parent company Asia Aviation (AAV) has confirmed that it is considering taking a stake in loss-making carrier Nok Air.
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AnalysisANALYSIS: Thailand seat capacity growing at slower pace
Last year saw overall seat capacity for Thailand's key airlines expand by 5.5%, with strong international growth offsetting a decline in domestic seats.
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NewsPICTURES: 2018's key airline chief executive appointments
A visual record of some of the most significant leadership appointments across the global airline industry in 2018
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Thai AirAsia to develop Chiang Rai as seventh hub
Thai AirAsia will develop Chiang Rai as the carrier's seventh hub, by launching four domestic and international services between 30 January 2019 and 1 February 2019.
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Thai AirAsia closes first JOLCO
Thai AirAsia has closed its debut Japanese operating lease with call option (JOLCO) financing for one Airbus A320neo with Natixis.
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AnalysisANALYSIS: Thailand capacity growth moderated in 2017
Thailand's domestic seat capacity growth continued to moderate in 2017, with its six key carriers adding just 8% more seats on domestic routes compared with 9% in 2016.