Thai Vietjet ranked second for 2020 market share

Launched schedule services in September 2016 as the last airline entering the Thai market.

According to the Civil Aviation Authority of Thailand’s (CAAT) latest air transport statistics for the last quarter of 2020, low-cost carriers (LCCs) have accounted for over 80% of the domestic market share. For the first time, Thai Vietjet has surpassed both NokAir and Thai Lion Air in moving up to the second place.

Having launched schedule services in September 2016 as the last airline entering the Thai market, it can be said that the carrier has been accepted by local and international travelers over the last four years, with the values of “Safety, Punctuality, Affordable fares, and Fun”.

Airline	Domestic passengers	Share(%)
Thai AirAsia	4,974,971	35.7
Thai Vietjet	2,408,665	17.3
Nok Air	2,228,064	16.0
Thai Lion Air	2,054,165	14.7
Thai Smile	1,602,728	11.5
Bangkok Airways	664,464	4.8

(Source: CAAT)

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