Nok Air, the Thai low-cost airline, has revealed a multi-year fleet expansion plan that will see the carrier temporarily lease two aircraft from November 2025 to April 2026, followed by permanent additions of two aircraft per year from 2026 through 2028. By the end of 2028, the airline aims to maintain a minimum fleet size of 20 aircraft.
Nok Air, a Thai low-cost carrier, is preparing to raise $221 million in new capital as part of its recovery strategy aimed at exiting its rehabilitation plan within the next three years. The capital increase will serve multiple operational and strategic needs, including purchasing engines, repairing existing aircraft, leasing new aircraft, enhancing passenger services, and funding working capital.
Nok Air, a low-cost carrier based in Thailand, was officially delisted from the Thai Stock Exchange on January 9, 2025, marking the end of its 11-year presence as a publicly traded company. The delisting is part of the airline’s ongoing efforts to navigate through a challenging rehabilitation process.
Nok Air, a budget carrier based in Thailand, has amended its business rehabilitation plan, implementing critical changes to ensure financial recovery. The updated plan includes revised loan facilities, adjusted repayment terms to lessors, and an extension of the implementation timeline by one year, now running until September 2027.
