Who owns Thai Airways?
Thai Airways is owned by Thai Airways International Public Company Limited (Thailand, SET: THAI).[1]
This ownership is reported in official statements but has not yet been matched to a regulatory filing.
Evidence: Thai Airways International Public Company Limited and its subsidiaries: financial statements for the year ended 31 December 2025, 26 February 2026. Last checked .
Key facts
- Current owner
- Thai Airways International Public Company Limited reported
- Owner HQ
- 🇹🇭 Thailand, Bangkok
- Origin
- 🇹🇭 Thailand
- Category
- Travel & transport › Airlines
- Parent ticker
- SET: THAI
- Last verified
- · 1 sources
About Thai Airways
Thai Airways is the airline business of Thai Airways International Public Company Limited, registered at 89 Vibhavadi Rangsit Road in Bangkok. Its 2025 financial statements say the airline served 63 destinations in 27 countries at the end of 2025, eight of them domestic apart from Bangkok. The Ministry of Finance is the largest shareholder with 38.90 per cent. Its former low-cost subsidiary Thai Smile was dissolved in 2025.
Ownership timeline of Thai Airways
- Current owner Thai Airways [1] reported
Where Thai Airways sits in Thai Airways
Controlling ownership as of . Brands grouped under the entity that owns them; large groups are collapsed.
Open the full Thai Airways ownership tree →
Other brands in airlines, and who owns them
The 509 brands in airlines on Brandtree belong to 341 owners. The largest is Lufthansa Group, with 10.
| Brand | Owner | Owner based in |
|---|---|---|
| Air Dolomiti | Lufthansa Group | 🇩🇪 Germany |
| China Southern Airlines | China Southern Airlines | 🇨🇳 China |
| Air China | Air China | 🇨🇳 China |
| Aer Lingus | IAG | 🇬🇧 United Kingdom |
| LATAM Airlines Brasil | LATAM | 🇨🇱 Chile |
| Air France | Air France-KLM | 🇫🇷 France |
| AirAsia | AirAsia X | 🇲🇾 Malaysia |
| Calm Air | Exchange Income | 🇨🇦 Canada |
About the owner: Thai Airways
Thai Airways is a publicly listed company headquartered in Bangkok, Thailand. Brandtree records 1 brand under its control, and it is listed as SET: THAI.
Thai Airways International is a Bangkok-based public company listed on the Stock Exchange of Thailand since 19 July 1991. Its 2025 financial statements name the Ministry of Finance as major shareholder with 38.90 per cent and say its principal activity is the airline business, serving 63 destinations in 27 countries at 31 December 2025. Its former subsidiary Thai Smile Airways, merged into the parent for operations, was dissolved in 2025 and is no longer a separate airline.
Thai Airways: full profile, brands and acquisition history →
🇹🇭 Thai Airways and other Thai brands
Brandtree records a controlling owner for 72 brands that began in Thailand. 6 of them (8%) are now controlled by a company headquartered in another country; Thai Airways is not one of them.
- Anantara Hotels & Resorts — Minor International 🇹🇭
- BTS SkyTrain — BTS Group 🇹🇭
- Bangkok Airways — Bangkok Airways 🇹🇭
- KEX Express — SF Holding 🇨🇳
- MRT Blue Line — BEM 🇹🇭
- Nok Air — Nok Airlines 🇹🇭
Frequently asked questions
Who is the parent company of Thai Airways?
The parent company of Thai Airways is Thai Airways International Public Company Limited, a publicly listed company headquartered in Thailand.
Is Thai Airways Thai?
Yes. Thai Airways originated in Thailand and its owner, Thai Airways International Public Company Limited, is also headquartered in Thailand.
Is Thai Airways still owned by Thai Airways International Public Company Limited?
Yes. As of 4 October 2026, Thai Airways is still owned by Thai Airways International Public Company Limited. The ownership record was last checked against primary sources on that date.
Sources (1) & corrections
Last verified . Every ownership fact above is backed by one of these primary documents. Numbers in brackets in the text refer to this list.
- [1] Thai Airways International Public Company Limited and its subsidiaries: financial statements for the year ended 31 December 2025 — Thai Airways International Public Company Limited, Annual report, published 26 February 2026; retrieved 4 October 2026.
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