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Nok Airlines plc
บริษัท สายการบินนกแอร์ จำกัด (มหาชน)
IATA ICAO Call sign
DD NOK NOK AIR
Founded10 February 2004; 20 years ago (2004-02-10)
Commenced operations23 July 2004; 20 years ago (2004-07-23)
AOC #AOC.0006[1]
Operating bases
Frequent-flyer programNok Fan Club
AllianceValue Alliance
Fleet size14
Destinations18
Parent companyThai Airways International (8.91%)
Traded asSETNOK
Headquarters222 Vibhavadi Rangsit Road, Sanambin, Don Mueang, Bangkok, Thailand
Key peopleDr. Wutthiphum Jurangkool (CEO)
FounderPatee Sarasin
RevenueIncrease 12,312.93 million baht (2014)
Net incomeDecrease -471.66 million baht (2014)[2]
Total assetsIncrease 6,569.00 million baht (2014)
Total equityDecrease 3,771.12 million baht (2014)
Websitewww.nokair.com

Nok Airlines plc, trading as Nok Air (SETNOK; Thai: บริษัท สายการบินนกแอร์ จำกัด (มหาชน), from nok [นก] meaning 'bird') is a low-cost airline in Thailand operating mostly domestic services out of Bangkok's Don Mueang International Airport.[3]

History

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Nok Air was established in February 2004 as Sky Asia Co. Ltd. and started operations on 23 July 2004. As of March 2007, it had 130 employees and had reached around 1,400 employees by 2014.[3] Nok Air began its first international service on 31 May 2007, with daily flights to Bangalore, India, but suspended these flights in 2020.[4]

Nok Air serves the largest number of domestic routes within Thailand, with 24 routes.[5]

Nok Air operates largely independently from Thai Airways, which has caused some friction between the two companies. To gain greater control of Nok Air, Thai Airways has tried to purchase the shares of other shareholders, notably Krungthai Bank. Although Thai Airways and Krungthai Bank are both state enterprises under the control of the finance ministry, Krungthai Bank refused to sell its shares in Nok Air to Thai Airways. The purchase would have lifted Thai Airways' stake in Nok Air from 39 to 49%.[6] Evidence of Thai Airways declining interest in Nok Air came in May 2017, when Thai Airways shareholding was diluted to 21.57%[7] as a result of not taking up their entitlement to a new share offering. As a consequence, Thai investor Mr. Nuttapol Chulangkul became the airline's largest shareholder, owning 23.77% of the company.[8]

Due to the preparation process to be listed on the Stock Exchange of Thailand (SET), the company name was changed to "Nok Airlines Company Limited" on 16 January 2006. Then, at its initial entry to Thailand's stock market, it was renamed "Nok Airlines Public Company Limited" (since 18 January 2013) with the trading symbol "NOK".[9]

In late 2013, Nok Air announced a joint venture with Scoot (a low-cost subsidiary of Singapore Airlines) to form NokScoot, a low-cost airline operating medium-to long-haul international services, based out of Don Mueang Airport in Bangkok.[10] The joint venture was shut down in 2020 as a result of the COVID-19 pandemic.

A new company slogan, "Smiling Across Asia" was unveiled in June 2016. It hints at Nok's strategy of becoming the dominant regional carrier.[11]

On 22 December 2017, Mr. Patee Sarasin, the first Nok Air CEO (between 2004 and 2017), resigned from the company's board of directors.[12][13]

Restructuring

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In February 2016, Nok Air cancelled numerous flights and issued several contradictory stories to explain the cancellations. On 14 February 2016, a work stoppage was caused by about 10 pilots, which was followed by the resignation of 17 pilots. On 25 February, several flight cancellations were announced, resulting in a loss of trust from the airline's customers.[14]

There are issues of dissension between Nok Air management and cockpit staff, charges of nepotism, and questions about pilot loyalty. In its 2015 financial report released on 26 February, the airline acknowledged that the turnover of cockpit staff had exceeded the normal rate, well beyond expectations. There are just under 200 pilots working at Nok Air, considered too few for the scale of its operations.[14]

The problem arose after Thailand tightened its aviation standards to comply with the European Aviation Safety Agency, disqualifying some pilots, Patee Sarasin, Nok Air CEO at that time, told local media. Thailand is under pressure to improve its aviation standards after US authorities downgraded the country's aviation safety rating in December 2015.[15]

To remedy its shortage of pilots, Nok may be permitted to boost the number of its foreign pilots beyond the 40 percent cap mandated by Thai law according to Transport Minister Arkhom Termpittayapaisith. The 40 percent pilot quota is set by the Civil Aviation Authority of Thailand (CAAT), which aims to encourage airlines to employ more Thais as pilots. Pilots, according to the Labour Ministry, are on the list of 39 jobs where Thai nationals are preferred, jobs ranging from barbers and secretaries to certain fields of engineering. Nok in February hired 32 new pilots, bringing their total to 212.[16]

On 30 July 2020, Nok Air filed for bankruptcy.[17]

Destinations

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As of July 2024, Nok Air flies (or has flown) to the following destinations:

Country City Airport Notes Refs
China Changsha Changsha Huanghua International Airport Terminated
Chengdu Chengdu Tianfu International Airport
Nanning Nanning Wuxu International Airport
Nanjing Nanjing Lukou International Airport
Nantong Nantong Xingdong International Airport Terminated
Yancheng Yancheng Nanyang International Airport Terminated
Zhengzhou Zhengzhou Xinzheng International Airport
India Guwahati Lokpriya Gopinath Bordoloi International Airport Terminated
Hyderabad Rajiv Gandhi International Airport [18]
Mumbai Chhatrapati Shivaji Maharaj International Airport Begins 27 October 2024 [19]
Japan Hiroshima Hiroshima Airport Terminated
Laos Vientiane Wattay International Airport Terminated
Myanmar Yangon Yangon International Airport Terminated
Thailand Bangkok Don Mueang International Airport Base
Betong Betong Airport Terminated [20]
Buriram Buriram Airport
Chiang Mai Chiang Mai International Airport Base
Chiang Rai Chiang Rai International Airport
Chumphon (Pathio) Chumphon Airport Terminated
Hat Yai Hat Yai International Airport
Khon Kaen Khon Kaen Airport
Krabi Krabi International Airport
Lampang Lampang Airport Terminated
Loei Loei Airport Terminated
Mae Hong Son Mae Hong Son Airport Terminated
Mae Sot Mae Sot Airport
Nakhon Si Thammarat Nakhon Si Thammarat Airport
Nan Nan Nakhon Airport
Phetchabun Phetchabun Airport Terminated
Phitsanulok Phitsanulok Airport
Phrae Phrae Airport Terminated
Phuket Phuket International Airport Base
Ranong Ranong Airport Terminated
Sakon Nakhon Sakon Nakhon Airport
Surat Thani Surat Thani International Airport
Trang Trang Airport
Ubon Ratchathani Ubon Ratchathani Airport
Udon Thani Udon Thani International Airport
Vietnam Ho Chi Minh City Tan Son Nhat International Airport Terminated

Miscellaneous

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Nok Air also offers ferry services to domestic island destinations as well as domestic and cross border coach services to Vientiane and Pakse in Laos in conjunction with other tour operators.[21]

Fleet

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Nok Air Boeing 737-800, Phuket International Airport
Nok Air ATR 72-200, Chiang Mai International Airport
Nok Air Boeing 737-800 at Don Mueang International Airport
Nok Air Bombardier Dash 8 Q400 NextGen at Don Mueang International Airport

Current fleet

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As of July 2024, Nok Air operates the following aircraft,[22]

Nok Air fleet
Aircraft In service Orders Passengers Notes
Boeing 737-800 14 189 5 Parked
Total 14

Former fleet

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Nok Air former fleet
Aircraft Total Introduced Retired Notes
ATR 72-201 2 2009 2013
ATR 72-500 2 2012 2019
Boeing 737-400 14 2004 2013
De Havilland Canada Dash 8-400 8 2014 2023
Saab 340B 8 2010 2014 Operated by SGA Airlines as "Nok Mini".

Major shareholders

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Major shareholders (as of 15 March 2019)[23] % of shares owned
Mr. Nuttapol Jurangkool 24.33%
Mrs. Hathairatn Jurangkool 22.15%
Mr. Thaveechat Jurangkool 20.94%
Thai Airways International 15.94%
Dr. Tham Chirathivatt 0.37%
Mr. Patee Sarasin 0.37%

Partnerships

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Nok Air has signed a long-term partnership with Sabre and its subsidiary company, Radixx, selecting an extensive suite of products from Sabre and Radixx to expand its distribution and revenue generation opportunities.[24]

See also

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References

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  1. ^ "List of Thailand Air Operator Certificate Holders". Civil Aviation Authority of Thailand. 5 October 2022. Retrieved 5 October 2022.
  2. ^ "F/S & Highlight". Stock Exchange of Thailand. Retrieved 8 December 2015.
  3. ^ a b "Directory: World Airlines". Flight International. 10 April 2007. p. 56.
  4. ^ JHA, URVASHI (13 November 2007). "Nok Air too suspends flights to Bangalore". The Economic Times. Retrieved 31 May 2020.
  5. ^ "Nok Air adds more small cities to plan". Bangkok Post. 29 March 2011.
  6. ^ "KTB rebuffs Thai offer for Nok". Bangkok Post. 24 January 2011.
  7. ^ "Airline Review – Nok Air". Destination Travel. 31 May 2017. Archived from the original on 2 November 2018. Retrieved 16 April 2018.{{cite news}}: CS1 maint: unfit URL (link)
  8. ^ "Major Shareholders". Nok Investor Relations. 5 March 2018.
  9. ^ "NOK History". Nok Airlines PLC. Archived from the original on 8 December 2015. Retrieved 8 December 2015.
  10. ^ "NokScoot plans 2H2014 launch with two 777s, targeting Thailand-Japan and other North Asian markets". CAPA – Centre for Aviation. Retrieved 31 May 2020.
  11. ^ Kositchotethana, Boonsong (10 June 2016). "Nok Air to repair image with new slogan". Bangkok Post. Retrieved 10 June 2016.
  12. ^ "พาที สารสิน' ลาออก! พ้นกรรมการ 'นกแอร์'". Thansettakij (in Thai). 22 December 2017. Retrieved 22 December 2017.
  13. ^ ""พาที" ลุกจากกรรมการ ลาพ้นนกแอร์" (in Thai). นิตยสารโพซิชั่นนิ่ง. 22 December 2017. Retrieved 22 December 2017.
  14. ^ a b Kositchotethana, Boonsong (29 February 2016). "Mending Nok Air's broken wings". Bangkok Post. Retrieved 29 February 2016.
  15. ^ "Thai budget carrier Nok Air cancels flights over pilot strike". Yahoo! News. 14 February 2016. Retrieved 15 February 2016.
  16. ^ Mahitthirook, Amornrat (27 February 2016). "More foreign pilots for Nok Air". Bangkok Post.
  17. ^ "Thai court accepts budget carrier Nok Airlines' petition for bankruptcy protection". 30 July 2020. Retrieved 31 July 2020.
  18. ^ "Thailand's Nok Air to commence Hyderabad operations from 19 February". Travel Trade Journal. 10 January 2023. Retrieved 15 January 2023.
  19. ^ "Nok Air Adds Bangkok – Mumbai in NW24". Aeroroutes. Retrieved 19 August 2024.
  20. ^ "Betong". the star. Retrieved 11 December 2022.
  21. ^ "Nok Air routes". Nok Airlines PLC. Archived from the original on 8 December 2015. Retrieved 8 December 2015.
  22. ^ "Login required | Planespotters.net".
  23. ^ "NOK's Major Shareholders". Stock Exchange of Thailand. Retrieved 15 March 2019.
  24. ^ Staff, Asian Aviation (18 December 2021). "Nok Air signs long-term deals with Sabre, Radixx". Asian Aviation. Retrieved 6 January 2022.
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