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Buy custom The Air Asia Establishment

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Topic: History
Number of pages / Number of words: 3 / 788
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(Formerly Bangkok International Airport).

Initially:

Air Asia : 49 %

MD: 1%

Shin Corp : 50% (founded by Thaksin Shinawatra PM of Thailand)

After the fall of Thaksin Spore Govt became the major shareholder of Thai Air Asia (via Temasek Holdings, the govt’s investment arm).

In 2007, the management of Air Asia bought over Sin Corp’s shares, owning 50% to become major shareholder to distance the company from political conflict between Spore and Thailand...


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Inspired by the LCC business model of Southwest Airlines inspired Tony. Southwest Airlines was established in 1971 and had been profitable every year since 1973. Then model adopted by Europe after liberalization of aviation industry. Ryanair (Ireland) and easyJet (London) are the largest LCC in Europe and follow the same business model...


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