Thai Airways, aircraft, order, Airbus, planes, announcement

Thai reveals plan to buy 23 new aircraft

The planes are likely to be a mixture of widebody and narrowbody aircraft for Thai Airways and Thai Smile.

Thai Airways is aiming to buy 23 new aircraft worth around 100 billion baht (€2.57 billion) to replace decommissioned planes, the country’s transport minister has revealed.

The purchase, subject to cabinet approval, is part of the state-owned Thai carrier’s 2018-2023 five-year plan, news agency Reuters reports Arkhom Termpittayapaisith as saying.

The airline aims to place an order for 13 widebody and 10 narrowbody aircraft – an announcement that comes during a time of transition and new leadership, in the final phase of a reconstruction plan aimed at restoring profitability that began in 2015.

Thai Airways posted a net loss in 2017 and a 14% decline in net profit for the January-March 2018 period.

Earlier this week, a new chairman was appointed for the airline and a new chief executive will start work later this year. The carrier also expanded its maintenance, repair and overhaul service business last month, through partnerships with Rolls-Royce and Airbus.

Likely aircraft types
Also last month, researchers at the Centre for Aviation reported that Thai Airways was about to order about 20 planes, including A320neos for the group’s regional wing Thai Smile as well as new-generation widebody aircraft for the main airline.

New-gen widebody options might include Boeing 787s or Airbus A350s or A330neos, Reuters speculates.

Related stories

Thai Airways’ seatbelts have size limit

Thai Airways profits drop 30%

Tourism growth boosts Thai Airways profit

x

Check Also

airlines, air travel, demand, passengers, business, IATA, 2016, Europe, world, RPK, capacity, Alexandre de Juniac

Farnborough Air Show day 1, airlines announced new aircraft orders for more than USD 20 billion.

The bi-annual airshow at Farnborough airport outside London is the world’s largest display of aircrafts, both civil and military, together with the bi-annual Paris Air Show, at Le Bourget airport. The Farnborough Air Show is on during July 16-22 and Standby Nordic will report on relevant news.

Airbus, Bombardier, CSeries, A220, rebrand, name, JetBlue

Goodbye C-Series, hello Airbus A220

Europe’s Airbus rebrands the C-Series of Canada’s Bombardier to fit its own aircraft series.

Embraer, Boeing, deal, agreement, buy, commercial, manufacturer, aircraft, Airbus, Bombardier

Boeing to take over Embraer’s aircraft business

The deal comes days after a similar deal finalised Boeing rival Airbus’ purchase of Bombardier’s C Series.

Airbus, Brexit, leave, UK, customs, warning, executive, Tom Williams, study, interview, risk assessment

14,000 Airbus jobs at stake over Brexit

The aircraft manufacturer is warning that a no-deal Brexit could force it out of the UK.

Primera Air, flights, UK, USA, A321neo, Airbus, late delivery, delay, transatlantic, Birmingham, cancel

Primera axes part of transatlantic schedule

The Nordic-owned, Riga-based low-cost carrier has been hit by prolonged delays to its A321neos.

A350-900ULR, SIA, Singapore Airlines, Singapore, New York, longest, route, flights, world, Newark, LA, Qantas, United, Continental, ULR, ultra long range

Airlines target ultra-long range routes

Singapore Airlines is to launch the world’s longest commercial flights later this year with ULR aircraft.