Thai Air Asia Issue 2-year debentures with 6.8% interest per annum, guaranteed by AAV.

Thairath Online

24 May 2022 18:15

Thai Air Asia Issue 2-year debentures worth not more than 2,000 million baht to institutional investors. and major investors pay interest 6.8% per annum, pay interest every 3 months, guaranteed by AAV

On 24 May 65, Mr. Santisuk Klongchaiya, Chief Executive Officer Thai Air Asia said that during the past period Thai AirAsia has proven to be able to manage and lead businesses through the most critical times. Until now, it has returned to serve both domestic and international routes again.

Thai AirAsia currently operates all domestic routes. And has flown international routes, a total of 8 countries, 19 routes to the Maldives, Cambodia, Malaysia, Singapore, Vietnam, Indonesia, India and Laos, in line with the volume of travel demand of foreign tourists who still choose Thailand as the first destination. In returning to travel, spend again. After the Covid-19 situation

Latest Thai Air Asia Prepare to offer debentures worth not more than 2,000 million baht to institutional investors and high net worth investors or II&HNW by debenture maturity 2 years interest rate 6.80% p.a. interest paid every 3 months and guaranteed by the company Asia Aviation Public Company Limited or AAV is expected to subscribe around June 27-29, 2022, the minimum amount of the subscription is 100,000 baht, multiplied by 100,000 baht per time via Globlex Securities and KTBS Securities. time

“I believe we have passed the bottom of the aviation industry. After this will be a period of business recovery to return to growth as planned as quickly as possible. This fundraising will help enhance liquidity, stability and allow us to move forward with the most flexibility. Our AirAsia has always received great support from both our customers and investors. including management and good payment history Therefore, we believe that this bond offering will receive a positive response from investors as before.”

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For Thai AirAsia in 1Q12, it was able to increase its flights to 11,002 flights, with a passenger transport rate of 73%, a satisfactory growth. compared to the same period last year It’s a good sign that air travel is starting to make a comeback, with a fleet of 53 aircraft set to carry 10.4 million passengers in 65, an average passenger rate of 78%, with a fleet of 53 aircraft. 100% in the country within this year, ready to continue to be the leader in the Thai market

In this regard, the operations of Thai Air Asia Flight codes FD and AAV have nothing to do with Thai AirAsia X’s rehabilitation application since they are different companies. each airline with clearly separated management and have non-overlapping flight paths by traveling by Thai Air Asia It offers domestic and international short haul routes, while Thai AirAsia X offers long haul routes that fly more than 4 hours and 30 minutes, such as Japan, Korea.

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