Thailand’s Nok Airlines and Singapore’s Scoot have signed to establish a new low-cost airline to be based in Bangkok.
The new airline, named NokScoot, will be based at Don Mueang International Airport. and will operate wide body aircraft on medium and long-haul international routes.
Both companies will make an initial joint investment of US$64 million.
Scoot CEO Campbell Wilson said: "Thailand is Asia’s premier tourist destination and logical hub for Scoot to expand to."
Rival budget carrier Tiger Airways has also announced plans to form a new low-cost airline, this time in Taiwan.
It plans to set up Tigerair Taiwan through a joint venture with China Airlines, Taiwan’s biggest carrier
Tiger Airways, majority-owned by Singapore Airlines, also announced an agreement to enhance connectivity with India’s Spicejet, and to form a partnership with Scoot, another Singapore Airlines offshoot.
The initial phase of this partnership will see each carrier marketing joint itineraries between Phuket, Ho Chi Minh City and Kuala Lumpur, destinations served by Tiger; and Sydney and Gold Coast, served by Scoot.
