Nature of Business
Nok Air Public Company Limited established on February 27th, 2004 under name Sky Asia Company Limited and changed its name to "Nok Airlines Company Limited" on January 16th, 2006.The Company became a listed company on January 18th, 2013 and common shares of the Company were registered as listed securities and started trading in the Stock Exchange of Thailand on June 20th, 2013.
In 2014 the Company was of the vision to expand our business through launching international routes by joint venture with Scoot Airlines. The Nok Scoot Airlines was then established as the international low-cost flying business to enhance higher competition.
However, Nok Airlines is still of the goal to cover the most domestic routes with our commitment to satisfy all passengers by services of high value, trust and safety, aiming to satisfy customer needs of all groups.
The Company has a policy to allocate aircraft in accordance to flight demand for each and every flight route comprising of primary, secondary and feeder routes. As of December 31st, 2018, the Company has 3 passenger service aircraft types, consisting of 15-Boeing 737-800 aircraft, 8-Q400 Bombardier aircraft and 2-ATR-72 aircraft, a total of 25. In addition, the Company has been granted with the investment promotion under the Investment Promotion Act 2017 (and additional amendments) from the Board of Investment (BOI) in a category of public transportation and large products with details and essentials of general benefits, namely
- Corporate income tax exemption on net profit generated from the consolidated BOI promoted businesses of not exceeding 100% of the investment capital, excluding land and revolving capital. The incentive is given for 8 years starting from the date the business begins to generate income.
- The right not to include dividend received from BOI promoted projects with corporate income tax exemption into taxable income throughout the corporate income tax exemption period.
- Exemption of import duty on imported aircraft
- The right to allow foreign technicians or experts and their spouse and dependants to travel to Thailand and work in the specified position within the timeframe allowed by the Board of Directors.
In providing outstanding services, Nok Air is recognized for it services like free seat assignment, complimentary in-flight drinks and WIFI onboard service (in an aircraft with supporting equipment) and free minimum check-in baggage allowance. (Economy Class)
Nok Air Route
The Company has provided domestic and international air transportation services under the "Nok Air" brand in a Point-to-Point manner without connecting services, coverage flights to all regions of Thailand. Currently, it is the most domestic route service provider; as of December 31st, 2018, the Company has provided a total of 29 air routes, consisting of 25 domestic routes and 4 international routes, all of which are regular scheduled roundtrip flights of 673 flights weekly.
In addition, in order to expand the route network to international markets, the Company has agreed to accept passenger transportation between the Interline Cooperation Agreements with Scoot Airlines which enables the Company to sell tickets from domestic travel destinations such as Chiangmai, Chiang Rai, Phuket, Udonthani, Ubonratchathani, Nakhon Si Thammarat, Trang and Hat Yai to Singapore. The agreement would facilitate passengers by purchasing a one - time ticket for travel to destinations that shall travel by flights of both airlines.
The Company was corporate with 8 Asia-Pacific low cost airline alliances or "Value Alliance" consist of Nok Air, Nok Scoot, Scoot, Cebu Pacific (including Cebgo Air), Jeju Air, Tigerair Singapore, Tigerair Australia and Vanilla Air which cover more than 160 destinations all over Asia-Pacific region in order to facillitate the passengers.
Nok Air offers flights from its main operation base at Don Mueang International Airport with a focus to service flights on high demand routes as primary routes as well as flights on lower demand but potentially grown routes as secondary routes and feeder routes. This is in line with Nok Air's competitive strategies.
The Company also provides chartered flights for passengers who wish to travel in groups or to destinations beyond the Company's regular flight schedules.