Thai Lion Air continues domestic push as Thailand’s domestic LCC penetration rate approaches 70%

Thai Lion Air is continuing to expand its domestic operation, driving rapid growth in Thailand's domestic market. Thai Lion now serves nine of the top 10 domestic destinations in Thailand, having added two more in 2Q2015.

Thai Lion has already overtaken Bangkok Airways and Thai Airways to become Thailand's third largest domestic carrier after Nok Air and Thai AirAsia. Nok and Thai AirAsia are still about double the size of Thai Lion and are continuing to pursue domestic expansion. But Thai Lion is expanding faster, narrowing the gap with its LCC rivals.

Thailand's domestic market grew by about 20% in 2014 and is on pace to grow at an even faster rate in 2015. LCCs have generated almost all of the growth and now account for nearly 70% of domestic passenger traffic in Thailand.