Thai AirAsia has initiated the issuance and offering of High-Risk Secured and Callable Debentures, with backing from a corporate guarantor. The offering totals US$58.5 million, with a 5.5% annual coupon rate and a tenor of 2.5 years. This financial instrument is designed to attract yield-seeking investors while supporting Thai AirAsia’s ongoing liquidity and operational funding needs.
Thai AirAsia, a prominent low-cost carrier based in Thailand, has unveiled plans to bolster its fleet by introducing six new Airbus A321neo aircraft in 2025. This expansion will bring the airline’s total fleet size to 66 aircraft by the end of the year.
Asia Aviation Public Company Limited (AAV), the sole shareholder of Thai AirAsia (TAA), has announced its financial results for the fourth quarter and full year ending December 31, 2024. The company experienced a notable decline in net profit during the fourth quarter, contrasting with significant profit growth over the entire year.
Thai AirAsia has bolstered its fleet with the addition of a new Airbus A321neo, identified by serial number 12135. This aircraft is powered by LEAP-1A32 engines from CFM International, designed for enhanced fuel efficiency and reduced emissions. The A321neo model aligns with Thai AirAsia’s commitment to offering cost-effective, environmentally friendly travel options across its network in Southeast Asia.
Asia Aviation, the Thai parent company of Thai AirAsia, recorded a strong financial performance in the third quarter of 2024 with a net profit of $100.1 million. This impressive result was fueled by a 55% increase in revenue, reaching $445.3 million. The significant revenue growth reflects Asia Aviation’s successful recovery in the post-pandemic travel environment and the rising demand for air travel…
Thai AirAsia, one of Thailand’s leading low-cost carriers, has taken delivery of a new A321neo, serial number 12135, powered by LEAP-1A32 engines. This latest addition aligns with Thai AirAsia’s fleet expansion strategy, aimed at increasing operational capacity and enhancing fuel efficiency. The A321neo, known for its extended range and reduced emissions, is ideally suited for high-demand routes, offering greater…
