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Industry News

4 new unique airlines look to open in Thailand
13 March, 2023
Thailand’s Transport Ministry revealed that four new airlines are seeking to operate in the country, according to a source who spoke to the Thai news site Thansettakij. The four companies are P80 Air, Really Cool Air, Landarch Airline and Siam Seaplane. The source added that it would take some time to obtain air service licences. The four airlines were expected to be approved to operate next year.


Thai VietJetAir to be an all Boeing airline by 2024
07 March 2023
Thai VietJetAir is preparing to radical
ly restructure both its network and fleet as it moves to phase out its Airbus aircraft and bring in Boeing planes while also switching from a domestic to international focus. CEO Woranate Laprabang said revenue increased by 100% in 2022 and he expects to see a similar result this year. 

HKIA Consultancy Signs MoU on Collaboration regarding Advisory Service for U-Tapao International Airport
02 March 2023

HKIA Consultancy Limited (HKIA Consultancy) and U-Tapao International Aviation Company Limited (UTA) today signed a Memorandum of Understanding (MoU) regarding collaboration on the U-Tapao International Airport and Eastern Airport City Development Project near Bangkok. Under the MoU’s framework, HKIA Consultancy will advise UTA on matters related to airport planning, operations, smart technology and commercial development.

Thai Air Asia considers regional expansion
Thai Air Asia or AAV has released its quarterly results for the fourth quarter of last year, and is looking to expand its operations. The airline posted its EBITDA (earnings before interest, taxes, depreciation and amortization) standing at 1,6 billion baht or 45 million USD respectively.
The EBITDA shows that the airline is recovering strongly from the heydays of the pandemic. Thai Air Asia is also expecting better days coming ahead with the reopening of China, and with that being said, the airline is prepping for its ramping up of operations. 

Thai aviation flying high as demand for flight slots, led by Chinese airlines, soars
FEBRUARY 13, 2023
"The total number of flights in February this year now is 25,256," CAAT director-general Suttipong Kongpool said. He added that the number of flights in some weeks had increased to the level as before the Covid-19 pandemic in 2020, thanks to the government's move to lift travel restrictions in July last year. Suttipong added that 19 Chinese airlines have requested permission to operate flights to Thailand after China ended its travel restrictions on January 8 this year. 

Thailand's four major international airports being expanded to cope with return of foreign tourists
FEBRUARY 09, 2023

Deputy government spokeswoman Traisulee Taisaranakul said efforts are being speeded up to expand major international airports after the CAAT predicted that the number of foreign arrivals would reach the pre-Covid level in 2024.
The expansion of the airports are also aimed at coping with the prediction of the IATA, the spokeswoman added. She quoted the IATA as predicting around 200 million foreign arrivals in 2031.
Traisulee said the four major airport expansion projects are: Suvarnabhumi International Airport Phase 2; Don Mueang International Airport Phase 3; Expansion of the U-Tapao International Airport; Phuket International Airport Phase 2.

Thai Airways CEO Sees Travel Rebound Leading to Early Debt-Plan Exit, New Planes
FEBRUARY 09, 2023
Debt-ridden Thai Airways International Pcl expects to exit its rehabilitation plan ahead of schedule and is shopping for new planes as the recovery in global tourism bolsters earnings.
Thailand’s state-controlled carrier will be able to leave its court-supervised debt plan “much earlier” than a late-2024 target, Chief Executive Officer Chai Eamsiri said Thursday. The company is also in talks with plane makers including Boeing Co. for “long-term” acquisitions of new aircraft to modernize its fleet, he said.

Thailand to begin construction of $9 bln aviation city this year
January 27, 2023

Thailand will begin construction on the 290-billion baht ($8.82 billion) U-Tapao aviation city early this year, a government spokesperson said on Friday. The project will generate 15,600 additional jobs in the first five years and drive growth in Thailand's aviation industry, Tipanan Sirichana said in statement.


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