Thai AirAsia X set to fly with air operator’s licence

KUALA LUMPUR: AirAsia X Bhd’s associate Thai AirAsia X Co. Ltd (TAAX) has received an air operator’s licence from Department of Civil Aviation of Thailand.

It said on Friday that TAAX had officially received the approval for the licence the previous day. TAAX had submitted its application on June 20.

AirAsia X, which is a low-cost, long-haul air transportation services company, holds a 49% stake in TAAX.

Two Thai citizens Tassapon Bijleveld and Julpas Kruesopon own 41% and 9% stakes respectively.

Tassapon is also the CEO of Thai AirAsia Co., Ltd since 2003. He also serves as a director of Asia Aviation Co., Ltd, which is a major shareholder of TAA.

As for Julpas, he is the president of Panda Security (US & Asia Pacific) since 2009.