Market share of low cost air carriers Thailand 2012-2021

In 2021, the market share of low-cost carriers in Thailand accounted for around 70.8 percent. In that same year, the passenger volume of low cost airlines amounted to nearly 11.5 million. Since 2010, the market share of low-cost airlines has been gradually increasing up until 2020 due to the COVID-19 pandemic.

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 number of passengers when compared to their full-service counterparts since 2011.

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.