Lion Air Group reportedly plans to launch a Thai LCC subsidiary, Thai Lion Air, with the carrier already recruiting staff, according to a report from Bangkok Post. Thailand’s Civil Aviation Department director-general Woradej Harnprasert said: “Lion Air's entry is good for more healthy competition, giving passengers choice.” The start-up will reportedly operate from Thailand’s Bangok Don Mueang International Airport, using up to six Boeing 737-800s. Mr Harnprasert said the start-up was yet to apply for an air operator’s certificate, and Thai entities are required by law to hold at least 51% ownership in the company. According to the CAPA Fleet Database, Lion Air Group currently operates 15 737-800s, with a further 11 on order.
Lion Air Group to start Thai LCC subsidiary, Thai Lion Air: report
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CAPA Aviation Outlook 2015. SE Asia - LCCs still dominate the agenda as flag carriers restructure
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The region has emerged over the past decade as one of the world’s fastest growing emerging markets, capturing the attention of global suppliers. The rapid growth has primarily been driven by fast expansion of LCCs – both independent groups and subsidiaries of full service groups. Meanwhile, flag carrier growth has stagnated.
This report is based on a review contained in CAPA's Global Aviation Outlook 2015 which appears in Airline Leader, Issue 26.