For over 22 years, Thai AirAsia has stood side-by-side with the Thai people, serving not just as an airline, but as a steadfast partner in every journey. We have evolved from a humble newcomer into a transformative force, securing our position as the undeniable leader in the low-cost carrier segment and the domestic market. Closing 2025 with a 41 percent market share, we have strengthened our strategic advantage by operating dual hubs at both Don Mueang and Suvarnabhumi Airports—a decision driven by our desire to offer maximum convenience and connectivity to all our passengers.

However, true leadership is not defined solely by market strategy, but by the “Heart of Service.” Our core promises—safety, value, and punctuality—remain the pillars of our identity. Above all, I must pay tribute to our greatest asset: our people. Our Allstars, from our captains, cabin crew, and engineers to our ground staff and support teams, their professionalism and unwavering discipline are the reasons Thai AirAsia’s standards are recognised and respected globally.

In an era of rising expectations, the Board of Directors and management have worked in close alignment to drive policies that place the passenger at the centre of everything we do. “Safety” remains our absolute priority. We strictly adhere to rigorous maintenance schedules for every aircraft and component without compromise. It is this dedication to world-class safety standards that has earned us the honour of being named the “World’s Best Low-Cost Airline” by Skytrax for the 16th consecutive year.

Although we managed to report a profit in 2025, we continued to navigate a complex landscape of challenges, including currency volatility and fluctuating energy costs. We also adapted to structural shifts in global tourism; while the Chinese market undergoes transition, we have seen robust and encouraging growth from Indian and Russian travellers, who have become vital contributors to our resilience.

To our shareholders, I extend my deepest gratitude. You are more than investors; you are our “true and steadfast partners” who have stood by us through every challenge. To our passengers, thank you for choosing Thai AirAsia. We recognise that sustainable growth and improved results are the returns you rightfully expect. I pledge to you that the Board, the management team, and every employee will dedicate our full effort to delivering not just financial success, but the happiness and peace of mind that comes with flying the airline you trust.

Mr. Vichate Tantiwanich

Chairman of the Board