Investment Highlights of AAV
Market Leader
Number one low-cost airline in Thailand with a 40% domestic market share and a fleet of 60 aircraft (by 2024), triple the size of the next largest competitor.
Strategic Advantage
Leveraging AirAsia Group’s extensive network, management expertise, and competitive aircraft procurement / management.
Future Growth
Positioned to capitalise on new long-range aircraft technology, enabling global flight routes for low-cost airlines.
Brand Strength
Strong brand equity with one of the highest on-time performances in the industry.
Credit Rating
Credit rating (TRIS) raised to "BBB-" following strength in tourism trend.
Positive Outlook
Consensus buy rating from the sell-side, driven by profit recovery underpinned by strong travel demand.
