Vietnam Surpasses Thailand as Southeast Asia's Second-Largest Aviation Market
Vietnam has overtaken Thailand as Southeast Asia's second-largest aviation market, with 7.4 million available seats in July, according to new data from aviation analytics firm OAG. Thailand's decline reflects reduced capacity amid regional
Vietnam has surpassed Thailand to become the second-largest aviation market in Southeast Asia after growing its available seats to 7.4 million in July, according to data from the Official Airline Guide (OAG), a UK-based global aviation and travel information company. OAG figures show Vietnam's seat capacity grew 5.6 percent compared to the same month last year, while Indonesia remains the region's largest market with 10.9 million seats—a 0.3 percent increase year-on-year. Thailand, which held the second-place ranking in June, has dropped to third with 6.9 million seats, down 3 percent, followed by Malaysia and the Philippines. The declining seat counts in Thailand, Malaysia, and the Philippines reflect the impact of the Middle East crisis. Vietnam Airlines emerged as Southeast Asia's largest carrier in July, with a combined capacity of 2.81 million seats, a marginal 0.1 percent increase from the previous year.