Thai Airways Confirms Sale Of Aircraft

Daniel Fowkes
11 May 2024
· Aircraft 
· Airlines 
Thai Airways Boeing 747s parked and inactive following their retirement. Thai Airways has confirmed the sale of six aircraft with 12 expected to be concluded shortly.

Thai Airways has confirmed that 18 aircraft that have been unused for a considerable period have found potential buyers.

The 18 aircraft have been described mainly as a burden on the airline for a considerable period, with a decline in net profit in recent times. Thai Airways cites these unused aircraft as one of the primary reasons the airline saw financial impact.

Thai Airways added that it was responsible for the continuing impairment cost and associated fees when attempting to remove the aircraft from its operations for good.

The airline CEO, Chai Eamsiri, said a contract has already been signed for six planes, with the remaining 12 expected to see a formal contract signed shortly as well. The sale of all 18 aircraft is expected to be closed within the coming months.

As a result, Thai Airways should see financial improvements with expenses lowering significantly when these aircraft can be officially taken off its books.

With lower expenses and more efficient planes arriving, the airline aims to boost its frequencies to several leading destinations across Asia and the Oceania region.

Aircraft For Sale At Thai Airways

The Thailand-based company has long-listed aircraft available for purchase on Thai Technical. The airline offers aircraft, engines, parts, and simulators on its website. On the list of aircraft the company offered 737-400s, 747-400s, 777-200s, 777-300s, A300-600s, A340 family jets and finally the A380-800.

Thai Technical showcases aircraft such as the A380, a once-operational jet within the Thai Airways fleet that has now been sold.

These aircraft were removed from the active Thai Airways fleet some time ago for several reasons. One of the biggest fleet changes was the removal of all its widebody aircraft types in a bid to cut costs immediately.

However, by removing these qaud-engined aircraft, the airline’s available capacity has dropped considerably. As a result, the airline, now emerging more financially responsible, is looking to grow its fleet to include more next-generation twin-engine planes.

The Boeing 787 is expected to play an integral part in the long term following an additional order confirmation arriving earlier in 2024. The purchase will ensure deliveries can occur well into the 2030s if selected by the airline as an ideal means of delivery.

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