Thai VietJet announces 5 new domestic routes as Thailand’s domestic LCC penetration rises to 71%
Thai VietJet has revealed five new routes within Thailand from Bangkok Suvarnabhumi.
The 747-kilometre sector to Hat Yai will start first, on 17 July, almost dead-on one month between announcement and commencement.
All five routes will have strong competition, especially indirectly from Bangkok Don Mueang.
With 112 weekly frequencies by other airlines, equating to 16 daily, Thai VietJet will see the most competition to Hat Yai.
Ubon Ratchathani will have the least, with ‘only’ 70 weekly frequencies, or 10 daily.
But on an airport-pair basis to/from Suvarnabhumi, Thai VietJet can appeal to the most price-conscious passengers against Thai Airways’ lower-cost subsidiary, Thai Smile.
|Bangkok Suvarnabhumi to…||Start date||Weekly frequency||Direct competition (weekly frequency)*||Indirect competition (weekly frequency)*|
|Hat Yai||17 July||10||Thai Smile (21)||Nok Air (35), Thai AirAsia (42), Thai Lion Air (14)|
|Khon Kaen||30 July||14||Thai Smile (19)||Nok Air (14), Thai AirAsia (44), Thai Lion Air (12)|
|Nakhon Si Thammarat||6 August||7||None||Nok Air (28), Thai AirAsia (32), Thai Lion Air (21)|
|Ubon Ratchathani||6 October||7||Thai Smile (7)||Nok Air (35), Thai AirAsia (21), Thai Lion Air (7)|
|Surat Thani||4 November||7||Thai Smile (14)||Nok Air (21), Thai AirAsia (42), Thai Lion Air (28)|
|* Based on the same week as Thai VietJet begins. Of course, coronavirus has reduced weekly frequencies. Clearly, things may change further. Source: OAG Schedules Analyser and each airline’s website.|
Thai VietJet had 5.1% share of domestic market last year
Last year, Thai VietJet had almost three million seats to, from, and within Thailand, of which 81% were domestic.
Yet, it only had a 5.1% share of total domestic seats.
Last year, Thailand had over 47 million domestic seats, of which almost 34 million were by LCCs. This pushed Thailand’s LCC share of domestic seats to 71%, one of the highest of all countries worldwide.