Thai Airways close to sale of used planes to US company

PHOTO: Thai Airways Airbus A340, Airplane Pictures

Thai Airways International President Sumeth Damrongchaitham reports that the national airline expects to sign an agreement this month with a US logistics firm on the sale of eight used A340 aircraft worth between 4-4.5 billion baht.

The company is in the process of examining the contract before closing the sale deal of Thai Airways aircraft to the private US company. He added that it also depends on the acceptance of the buyer.

“We are studying details of the contract, especially in the area of pre-operational maintenance activities.”

In regard to THAI’s plan for the purchase of 38 new aircraft, Sumeth said it had submitted the proposal to the Transport Ministry, pending consideration as a policy matter, before seeking approval from the newly installed Cabinet.

“I would affirm that the purchase of new aircraft is quite necessary as it will raise our competitiveness. I believe the new administration will approve the plan.”

SOURCE: The Nation

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