Thailand low cost airlines: rapid growth as fleet triples in 5 years
Thailand has six low cost airlines operating a combined fleet of 136 aircraft, according the CAPA Fleet Database. LCCs account for 45% of Thailand's total commercial aircraft fleet and over 60% of the narrowbody fleet.
Thailand's LCC sector has grown rapidly since the first two LCCs, Nok Air and Thai AirAsia, launched in 2004. Growth has particularly accelerated over the past five years, driven partially by the late 2013 launch and rapid expansion of Thai Lion Air.
Five years ago, in May-2013, there were only 42 LCC aircraft based in Thailand, including 28 at Thai AirAsia and 14 at Nok Air. Over the past five years the LCC fleet has more than tripled in size, and the total commercial fleet has increased by 50%.
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