Early beginnings THAI Airways has its origins in 1960 as a joint venture between Scandinavian Airlines System (SAS), which held a 30 percent share of the new company valued at 2 million Baht, and Thailand's domestic carrier, Thai Airways Company (Thai: การท่าอากาศไทย). The purpose of the joint venture was to create an international wing for the domestic carrier Thai Airways Company. SAS also provided operational, managerial, and marketing expertise, with training assistance aimed at building a fully independent national airline within the shortest possible time. Thai nationals, through training and experience, were gradually able to assume full managerial responsibility and the number of expatriate staff duly decreased, with expatriates accounting for less than one percent of staff based in Thailand in 1987.