It serves AirAsia's regularly scheduled domestic and international flights from Bangkok and other cities in Thailand.

Asia Aviation was a joint venture set up by Shin Corporation, which held 49 percent of Asia Aviation's shares, while 51 percent was held by Thai investor Sittichai Veerathammanoon.

In June 2016 King Power purchased a US$225 million stake in Thai AirAsia.

The purchase of 39 percent of holding company Asia Aviation makes King Power the second largest shareholder in Thai AirAsia.

[14] As of November 2024[update], Thai AirAsia operates or has operated to the following destinations: [20] As of July 2024[update], Thai AirAsia operates the following aircraft:[citation needed] Thai AirAsia is one of the sponsors of the Thailand national football team, Leicester City, Queens Park Rangers, the Thai Fight Muay Thai, the Thai football teams BG Pathum United, Bangkok United, Buriram United, Muangthong United, Chonburi, Rajpracha, Police Tero, Chainat, Sisaket, Samut Prakan City, Rajnavy FC, Ubon United, Rayong, Port, Udon Thani, Krabi, Nakhon Ratchasima, Ayutthaya United, Khon Kaen, MOF CUTD, Nakhon Phanom, Loei City, Trang, Phayao, Phuket City, The referee of FAT, Coke Cup and Thailand Volleyball Association.