AAV Lists on THSI for Third Consecutive Year Affirming the Company’s Exemplary Management and Standards amid COVID-19
BANGKOK, 5 October, 2021 - Asia Aviation Public Company Limited. (AAV), a Stock Exchange of Thailand (SET) listed company and major shareholder in Thai AirAsia Company Limited (TAA), has been selected to list on the SET’s Thailand Sustainability Investment (THSI) index in its services sector for 2021. One of only 146 such businesses chosen this year, the company was chosen even as the aviation and tourism industries were critically hit by the COVID-19 pandemic, due to its sustainability-based management approaches and ability to launch new businesses to bolster its capabilities and alleviate the risk.
Santisuk Klongchaiya, Chief Executive Officer of Asia Aviation Plc. and Thai AirAsia Co. Ltd., remarked that the past two years have been very challenging due to the global health crisis, which necessitated both short and long-term management decisions to ensure sustainable development. Nonetheless, AAV was able to successfully adapt to the many changes , while prioritizing the health and safety of our staff and passengers, who form our most crucial components for continuing onward.
“The COVID-19 pandemic has been one of the most severe situations our company has faced since its founding, but with our strong fundamentals, team, and management, we have been able to maintain efficient operation and responsibility towards the economy, society and the environment, and have continued to grow sustainably towards the future, ” Mr. Santisuk said.
To be included on the list of THIS for the 3rd consecutive year marks AAV’s relentless efforts of not just surviving the pandemic but also ensuring its corporate viability, making it more attractive to investors through its sustainability strategies. Through the implementation of these strategies and close attention to the needs of all stakeholders, the company has been able to progress in the aviation industry, as well as enter into new businesses that have enhanced its stability.
AirAsia continues to thrive and make it happen with its two most recent wins, further solidifying its global market leadership. Receiving the highest votes from an independent panel of industry experts, AirAsia emerged top in the category Business Innovation of the Airline Strategy Awards 2021 for accelerating efforts to transform itself into a digital travel and lifestyle company with a strategic vision spanning e-commerce, logistics and financial technology.
FlightGlobal, one of the prominent sources of online news, expertise and insight on the aviation and aerospace industries also noted how AirAsia leaders have shown agility and flexibility to adapt operations through what is the most sustained and deepest crisis the industry has faced.
Just last month, AirAsia Group for its 12th consecutive year was awarded by Skytrax as “Best Low-Cost Airline in the World, preferred and voted on by 13.42 million people from over 100 countries.
“These significant feats amidst an ongoing pandemic are a testament of how committed and humbled AirAsia is, and all its people towards delivering world-class service to all our valued guests,” Mr. Santisuk added.