History
Thai AirAsia launched domestic operations on February 2004.
On 15 February 2006 it was announced that Asia Aviation, a registered Thai company, had taken Shin Corp.’s 50% stake in Thai AirAsia. Asia Aviation was a joint venture set up by Shin Corp., which held 49% of Asia Aviation's shares while 51% was held by Thai investor Sittichai Veerathammanoon.
In May 2007, Thai AirAsia's management acquired 100% of Asia Aviation. Today, Thai AirAsia is 55% owned by Asia Aviation, 45% owned by AirAsia International
Read more about this topic: Thai AirAsia
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“The true theater of history is therefore the temperate zone.”
—Georg Wilhelm Friedrich Hegel (1770–1831)
“We don’t know when our name came into being or how some distant ancestor acquired it. We don’t understand our name at all, we don’t know its history and yet we bear it with exalted fidelity, we merge with it, we like it, we are ridiculously proud of it as if we had thought it up ourselves in a moment of brilliant inspiration.”
—Milan Kundera (b. 1929)
“the future is simply nothing at all. Nothing has happened to the present by becoming past except that fresh slices of existence have been added to the total history of the world. The past is thus as real as the present.”
—Charlie Dunbar Broad (1887–1971)