Nok Air plans more expansion in 2014 despite increasing competition in Thailand from AirAsia & Lion

Nok Air is planning more rapid expansion in 2014 as the Thai Airways low-cost affiliate looks to cement its leading position in Thailand's domestic market and diversify its network with new international destinations. The expansion comes as competition significantly intensifies in Thailand with the launch of two new short-haul LCCs.

Nok plans to add at least four 737-800s in 2014, giving it a fleet of 18 to 20 737s by the end of 2014. The carrier's regional fleet will also be renewed as two recently ordered Bombardier Dash 8Q400s are delivered in 4Q2014.

Nok is predominately a domestic carrier and currently only operates international services to neighbouring Myanmar. But the now publicly listed company is keen to add more short-haul international routes and also plans to expand into the medium/long-haul sector in 2H2014 following the establishment of a new joint venture carrier with Singapore Airlines long-haul LCC subsidiary Scoot.