THAI to sell assets, defer aircraft deliveries
THAI will pursue a far-reaching cost-cutting program from Q1 2016 to realise up to THB1b (US$28m) in savings. THAI management said it would seek to defer deliveries of up to some 14 aircraft on order from Airbus and Boeing, including 4 purchased and 8 leased Airbus A350 XWBs, and the remainder of its 8-strong 787 order. The majority of the new aircraft deliveries are scheduled for mid-2016 onward, and Thai CE Charamporn Jotikasthira said the carrier would enter into negotiations with manufacturers to defer those handover dates. The move came following THAI's inclusion on a list of operations being audited by the Thai govt’s State Enterprises Policy Commission as part of a Thai govt push to improve the performance of a number of quasi-govt companies. <br/>
https://portal.staralliance.com/cms/news/hot-topics/2016-02-01/star/thai-to-sell-assets-defer-aircraft-deliveries
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THAI to sell assets, defer aircraft deliveries
THAI will pursue a far-reaching cost-cutting program from Q1 2016 to realise up to THB1b (US$28m) in savings. THAI management said it would seek to defer deliveries of up to some 14 aircraft on order from Airbus and Boeing, including 4 purchased and 8 leased Airbus A350 XWBs, and the remainder of its 8-strong 787 order. The majority of the new aircraft deliveries are scheduled for mid-2016 onward, and Thai CE Charamporn Jotikasthira said the carrier would enter into negotiations with manufacturers to defer those handover dates. The move came following THAI's inclusion on a list of operations being audited by the Thai govt’s State Enterprises Policy Commission as part of a Thai govt push to improve the performance of a number of quasi-govt companies. <br/>
