TSIC Activity

51101

Scheduled passenger air transport

การขนส่งผู้โดยสารทางอากาศที่มีตารางเวลา

What this activity covers

This activity involves the regular air transport of passengers on scheduled routes using various aircraft.

  • Scheduled passenger transport — Regularly transporting passengers by air
  • Domestic air travel — Passenger flights within a country
  • International air travel — Passenger flights between countries
  • Helicopter transport — Using helicopters for scheduled passenger services

What companies here also do

Seen in real company registrations under this code — beyond the official definition, so licensing may differ.

  • Cargo transport — Transporting goods alongside passengers
  • Mail transport — Carrying mail as part of air services
  • Tourism operations — Providing travel services related to aviation

Foreign ownership

List 2: Restricted, Cabinet routeinherited from 51

Domestic transportation by land, water or air, including the domestic airline business

Domestic transportation only. International carriage falls outside this item, and sector laws impose their own foreign shareholding caps.

FBA B.E. 2542, List 2, Chapter 1 (2)Routes: Cabinet permission, US Treaty of Amity

Auto-mapped, verify against the Act. These TSIC mappings are indicative, not legal advice; the schedules of the Foreign Business Act B.E. 2542 are the authority. See the full foreign ownership reference.

Industry at a glance

as of 23 ก.ค. 69

The whole registered industry under this activity, every registration year, from the DBD DataWarehouse.

74
active companies operate here
฿48.9Bregistered capital, combined
฿283.5B
Sector revenue · 2025
+26% since 2023
฿33.9B
Net profit · 2025
25 profitable
202320242025

net profitrevenue

Foreign investment

new registrations · 2026 YTD
0%of new registered capital is foreign-held
฿0 foreign฿1.0M Thai

Based on few new registrations this year — read as a rough signal only.

New in 2026

1+0.0%

registrations, YTD

Registered capital

฿48.9B-25.8%

since year-end

Largest by revenue

Latest filed-year revenue, not a multi-year total

  1. 1Thai Airways Public Company Limited฿193.9B
  2. 2Thai AirAsia Co., Ltd.฿49.4B
  3. 3Thai Lion Mentari Co., Ltd.฿20.0B
  4. 4Thai Vietjet Air Joint Stock Co., Ltd.฿17.7B
  5. 5United Offshore Aviation Co., Ltd.฿1.0B

Largest by registered capital

  1. 1Thai Airways Public Company LimitedBangkok฿36.8B
  2. 2Thai Vietjet Air Joint Stock Co., Ltd.Samut Prakan฿1.9B
  3. 3United Offshore Aviation Co., Ltd.Bangkok฿1.2B

Source: Department of Business Development DataWarehouse. Financial figures are combined totals of companies that filed statements; revenue and profit shown for the latest three reporting years.

Companies registered since 2022

Browse all

New DBD registrations under this activity since 2022, the period the registry snapshot covers, not the full historical register.

10
Registered
since 2022
9
Still active
1
Dissolved
฿5.0M
Median capital
of active

New registrations per year

2022peak 5 in 20232026

Source: Department of Business Development (DBD) new-registration records, 2022 to present. Counts cover companies first registered in that window, reflect the latest snapshot load, and may lag the live register.

Emerhub

Restricted activity? There is usually a route.

Emerhub structures foreign-owned companies around FBA restrictions: Foreign Business Licence applications, BOI promotion, and compliant shareholding structures. Talk through your case before you commit to one.

Talk to Emerhub Thailand