ASIA AVIATION PUBLIC COMPANY LIMITED

SET

AAV

Asia Aviation Public Company Limited is a Thailand-based holding company engaged in a low-cost airline and relevant business in relation to airline operation under the brand Thai Air Asia. The Company operates three business segments: scheduled flight operation; charter flight operations, and other business starting from the services before boarding, in-flight services and other services in relation to air passenger services. Scheduled flight operation is the provision of passenger air transportation services to routine destinations based on scheduled flights. The Company sells tickets through its distribution channels such as Website, sale counters and travel agents. Charter flight operation is the provision of passenger air transportation services to non-routine destinations. Flights are operated when there is a hiring from customers who normally are tourist agency companies.