Connect with us


Thai Airways sells warehouse items and leases offices for extra cash



PHOTO: Facebook: TG Warehouse Sale

In its latest move to generate just a little more cash in the midst of bankruptcy, cash-strapped Thai Airways is leasing out its office buildings and auctioning off in-flight items like bowls, cups, mugs and packages of “refreshing tissue.”

Thai Airways also recently put 34 passenger airplanes on the market. With the coronavirus-induced travel restrictions, Thai Airways cannot operate fully and is having trouble “taking off.” The company has tried business ventures on the ground and opened a café serving in-flight food to customers seated in repurposed airplane seats. The company also started offering sessions in a flight simulator which has typically only been used for pilot training.

The airline’s rehabilitation plan is still in the works. It’s expected to be completed by the end of the year and will then be submitted to the Central Bankruptcy Court, according to Thai Airways acting president Chansin Treenuchagron.

Before the coronavirus outbreak, Thai Airways expected to generate a revenue of 10 billion baht per month. Chansin says the airlines has only been earning 500 to 600 million baht per month.

To make a bit more money, the airline is leasing out its office buildings, including its headquarters. Thai Airways is also selling some of its assets stored in warehouses which are valued at a total of around 1 billion baht. A Facebook page called TG Warehouse Sale is selling Thai Airways in-flight service items like cutlery, glasses, dishes, napkins, “refreshing tissues” and packages of toothpicks and dental floss. Other warehouse items up for sale include seat covers and aircraft tyres.


Catch up with the latest daily “Thailand News Today” here on The Thaiger.

YouTube video


Get more from The Thaiger

Join the conversation and have your say on Thailand news published on The Thaiger.

Thaiger Talk is our new Thaiger Community where you can join the discussion on everything happening in Thailand right now.

Please note that articles are not posted to the forum instantly and can take up to 20 min before being visible. Click for more information and the Thaiger Talk Guidelines.

Caitlin Ashworth is a writer from the United States who has lived in Thailand since 2018. She graduated from the University of South Florida St. Petersburg with a bachelor’s degree in journalism and media studies in 2016. She was a reporter for the Daily Hampshire Gazette In Massachusetts. She also interned at the Richmond Times-Dispatch in Virginia and Sarasota Herald-Tribune in Florida.

Follow Thaiger by email:

Chiang Rai4 hours ago

2018 Thai cave rescue inspires new attraction in Chiang Rai

Thailand4 hours ago

Thailand News Today | New traffic rule to affect entire country

Economy4 hours ago

Robots now serving people at Thai restaurant chain

Sponsored12 hours ago

LASIK eye surgery with state-of-the-art procedures in Thailand

Bangkok4 hours ago

Patiphan explains to police: It was my twin brother Patiphat!

Thailand5 hours ago

Woman faces jail for trafficking girls after karaoke raid in Thailand

Weather5 hours ago

South Korea’s capital sees record rainfall, at least 9 killed

Join the conversation on the Thaiger Talk forums today!
Protests6 hours ago

Amnesty International urges Thailand to free activists and return bail rights

Drugs6 hours ago

Truck leads police on 100km chase over shockingly small drug stash

Chon Buri6 hours ago

Chon Buri police couldn’t find victim of car crash on back seat

Phuket6 hours ago

Phuket expects recent India road show to bring in even more tourists, and revenue

Press Room6 hours ago

Jungceylon undergoes renovation to become a one-stop shopping paradise

World7 hours ago

Pakistani Taliban commander reportedly killed in Afghanistan

Tourism7 hours ago

Europeans lost in Koh Pha Ngan forest found by tourist police

Chon Buri8 hours ago

Mountain B fire death toll rises to 16

Bangkok8 hours ago

MRT says Bangkok won’t suffer any Seoul-type metro flooding

Thailand11 months ago

Morning Top Stories Thailand | Police to end protests, Human Trafficking | September 14

Thailand1 year ago

Thailand News Today | Thai Airways in rehab, All go for Songkran | March 4

Tourism1 year ago

Phuket’s nightlife. Yes, bars and clubs are still open | VIDEO

Phuket1 year ago

Thailand News Today | Covid passport talks, Thai Airways heads to court | March 2

Tourism1 year ago

Phuket Thai food treats you need to try | VIDEO

Thailand1 year ago

Thailand News Today | Bars, pubs and restaurants ‘sort of’ back to normal | Feb 23

Tourism1 year ago

In search of Cat & Dog Cafés in Phuket Town | VIDEO

Thailand2 years ago

Thailand News Today | Gambling crackdown, Seafood market to reopen, Vlogger challenge | Jan 21

Thailand2 years ago

Thailand News Today | Covid testing for visas, Business impact, Vaccine approval | January 19

Thailand2 years ago

Thailand News Today | Weekend Bangkok bombs, Thailand fires, Covid update | January 18

Thailand2 years ago

Thailand News Today | Stray car on runway, Indonesian quake, 300 baht tourist fee | January 15

Thailand2 years ago

Thailand News Today | Governor off respirator, sex-trafficking arrest, condo prices falling | January 14

Thailand2 years ago

Thailand News Today | Chinese vaccine, Thailand ‘drug hub’, Covid update | January 13

Thailand2 years ago

Thailand News Today | Bangkok may ease restrictions, Phuket bar curfew, Vaccine roll out | January 12

Thailand2 years ago

Thailand News Today | Covid latest, Cockfights closed down, Bryde’s Whale beached | January 11