Thailand's four brand-new airlines to stir up competition

Carriers seek to capture tourism boom, but headwinds await

20230602Really Cool Airlines

Really Cool Airlines is expected to be Thailand's next new carrier. (Photo courtesy of Really Cool Airlines)

APORNRATH PHOONPHONGPHIPHAT, Nikkei staff writer

BANGKOK -- At least four new airlines are preparing to enter the Thai aviation industry, expecting to capitalize on rising demand from a tourism sector that has been booming since the lifting of COVID-related restrictions.

Their debuts are expected to stir up competition in the kingdom's aviation market, adding further challenges to industry players already struggling with higher oil prices and other operating costs.

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