THAI sold six widebodies last year
Thai Airways sold six widebodies last year as part of its strategy to “continuingly sell decommissioned aircraft”. The flag carrier says in a stock exchange filing that it disposed of five Airbus A330-300s and one Boeing 747-400 in 2019. It did not disclose the names of the buyers. Cirium fleets data indicates that Thai Airways still has eight 747-400s in service, as well as 15 A330-300s. In 2019, THAI’s losses widened by Bt3.4b ($109m) to Bt12.4b in 2019, as revenues fell despite increased passenger numbers. Among the factors the carrier cited were the civil unrest in Hong Kong, suspension of its Pakistan services due to airspace closure, strong competition from low-cost and Middle Eastern operators, and impact from the USA-China trade war.<br/>
https://portal.staralliance.com/cms/news/hot-topics/2020-03-04/star/thai-sold-six-widebodies-last-year
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THAI sold six widebodies last year
Thai Airways sold six widebodies last year as part of its strategy to “continuingly sell decommissioned aircraft”. The flag carrier says in a stock exchange filing that it disposed of five Airbus A330-300s and one Boeing 747-400 in 2019. It did not disclose the names of the buyers. Cirium fleets data indicates that Thai Airways still has eight 747-400s in service, as well as 15 A330-300s. In 2019, THAI’s losses widened by Bt3.4b ($109m) to Bt12.4b in 2019, as revenues fell despite increased passenger numbers. Among the factors the carrier cited were the civil unrest in Hong Kong, suspension of its Pakistan services due to airspace closure, strong competition from low-cost and Middle Eastern operators, and impact from the USA-China trade war.<br/>
