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Market share of low cost air carriers Thailand 2010-2019

In 2019, the market share of low-cost carriers in Thailand amounted to approximately 50.84 percent. In that year, the passenger volume low cost airlines also amounted to around 72 million. Since 2010, the market share of low-cost airlines has been gradually increasing, implying an improving capacity and popularity in the commercial aviation industry in the country.

Low-cost airline market in Thailand


Low-cost airlines are highly popular in Thailand due to lower ticket prices compared to full-service airlines. Occasionally, travelling domestically with a low-cost airline in Thailand is cheaper than public transportation including busses and trains. The popularity of low-cost airlines is reflected in the growing number of passengers, compared to their full-service counterparts, accounting for four percent growth in 2019.

Key players in the low-cost airline market


The low-cost airline market in Thailand is very competitive. With various promotions and increasing flight frequencies across airlines, passengers have a variety of choices. Some of the most well-known low-cost airlines in Thailand are Thai Air Asia, Thai Lion Air, and Nok Air. In 2019, Thai Air Asia had the highest number of domestic passengers in Don Mueang International Airport, amounting to more than ten million, following by Nok Air. On the other hand, Thai Lion Air carried the highest number of international passengers in Phuket International Airport that same year.

Annual market share of low cost air carriers in Thailand from 2010 to 2019

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Source

Release date

August 2020

Region

Thailand

Survey time period

2010 to 2019

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