THAILANDSICThailand Standard Industrial Classification

TSIC Activity

51102

Non-scheduled passenger air transport

ประกอบกิจการดำเนินธุรกิจสายการบิน ธุรกิจการบิน การขนส่งทางอากาศ บริการให้เช่าเหมาลำเครื่องบินฯลฯ

What this activity covers

Companies provide non-scheduled air transport services for passengers using various aircraft.

  • Non-scheduled air transport — Transporting passengers without a fixed schedule
  • Charter services — Organising flights for groups or individuals
  • Sightseeing flights — Offering flights for recreational viewing
  • Rental with operator — Renting aircraft with a pilot for passenger transport
  • General aviation — Activities like flying clubs and training

What companies here also do

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

  • Air transport services — Providing various air transport solutions
  • Private jet management — Managing private jet operations and services

Not included here

  • Leasing of aircraft and air transport equipment without operator supervision. See activity 77303.

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.

37
active companies operate here
฿4.8Bregistered capital, combined
฿2.0B
Sector revenue · 2025
-86% since 2023
฿-220197144
Net profit · 2025
9 profitable
202320242025

net profitrevenue

New in 2026

0-100.0%

registrations, YTD

Registered capital

฿4.8B+25.2%

since year-end

Largest by revenue

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

  1. 1SFS Aviation Co., Ltd.฿1.2B
  2. 2Siamland Flying Co., Ltd.฿519.7M
  3. 3Siam Seaplane Co., Ltd.฿95.7M
  4. 4Advance Aviation Jet Co., Ltd.฿84.7M
  5. 5Minibae Aviation Co., Ltd.฿70.2M

Largest by registered capital

  1. 1Siamland Flying Co., Ltd.Bangkok฿1.3B
  2. 2Advance Aviation Jet Co., Ltd.Bangkok฿550.0M
  3. 3SFS Aviation Co., Ltd.Bangkok฿410.0M

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.

14
Registered
since 2022
13
Still active
1
Dissolved
฿4.0M
Median capital
of active

New registrations per year

2022peak 6 in 20242025

Largest active companies by registered capital

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