Tassapon Bijleveld Executive Chairman Thai AirAsia has entered into its 20th year of operation. From the first day we unveiled ourselves as a low-fare airline, we have had to struggle and persevere, to change and adapt to challenging circumstances. These experiences proved beneficial however, preparing us for the COVID-19 pandemic, the most difficult and extended challenge we ever had to tackle, and allowed us to return as a strong leader in our industry. The past two years were the first-time Thailand ever had an “Airlines Association of Thailand (AAT)”. The collective of seven Thai-based carriers was led by the chief executive officers and top management of each member and was able to form and drive policies that helped the entire Thai aviation business overcome crises and progress forward, affirming the sector as a crucial part of the overall economy. Successes of the association include travel and tourism stimulation projects with the government, such as the nationwide discounts program and the We Travel Together campaign, which spurred no less than Baht 2 billion in circulation. The association was also able to reduce excise tax on jet fuel from Baht 4.762 to Baht 0.20 per litre (10 Apri l 2020-30 June 2023) and garner discounts and fee waivers at Airports of Thailand Plc. and Department of Airport airports. Experience from these endeavours taught us that, on top of a strong foundation, capable team and good strategies, survivors must also be ready to bring down walls, adapt and collaborate. In the current business atmosphere, Thai AirAsia acknowledges it cannot operate independently and must have strong partners in both the public and private sectors. We must depend on one another, support sustainable growth, have a shared vision and help one another both conceptually and practically. Learning these lessons has allowed Thai AirAsia to grow alongside its friends and partners. While the crisis has yet to completely pass and hard work remains, I believe in all of our abilities and determination. Most importantly, we have management, personnel, partners and stakeholders all ready to fight on as one. We will recover as planned and Thai AirAsia will remain a company attractive to investment, that can be trusted, and that has personnel dedicated to creating value and progress. The skies are once again open in 2023 and opportunity is for the always ready. We are an “Ever-ready Leader” with a clear policy from our board of directors and top management. Our entire 53 aircraft fleet will take off this year, so prepare for excitement in the skies Thai AirAsia style. MESSAGE FROM THE EXECUTIVE CHAIRMAN “In the current business atmosphere, Thai AirAsia acknowledges it cannot operate independently and must have strong partners in both the public and private sectors.” 11 O N E R E P O R T 2 0 2 2 OVERVIEW BUSINESS OVERVIEW AND PERFORMANCE CORPORATE GOVERNANCE FINANCIAL INFORMATION SUSTAINABLE BUSINESS DEVELOPMENT
RkJQdWJsaXNoZXIy ODEyMzQ3