Thai Airways puts A380 fleet up for sale
Thai Airways International is inviting qualified buyers to bid for one or more of its six A380-800s, issuing tender documentation on August 22, 2023. The airline seeks to dispose of its entire A380 fleet, which it retired from service in 2021. A proposal to bring some back into service late last year did not make it past the planning stage. Interested buyers must submit a proforma general information proposal, which includes a refundable USD50,000 per plane bidding deposit and price proposal no later than 2359L (1659Z) on September 12, 2023. The sale is conducted with the approval and supervision of the Bangkok Bankruptcy Court and is subject to final approval from Thai's plan administrator. The A380s are sold on an as-is, where-is basis, with HS-TUE and HS-TUF stored at Utapao and the remaining four kept at Bangkok Suvarnabhumi Airport. Individuals or entities who have previously been or are currently blacklisted by Thai, or subject to sanctions administered, enacted or enforced by the United Nations or the US government are ineligible to bid. "The bidder must act as principal for its own account and not as an agent or broker," the documentation reads. "In the event that the proposal is accepted, Thai will enter into a sale and purchase agreement with the successful bidder only and not with an affiliate or any other entity, whether associated or not with the bidder."<br/>
https://portal.staralliance.com/cms/news/hot-topics/2023-08-28/star/thai-airways-puts-a380-fleet-up-for-sale
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Thai Airways puts A380 fleet up for sale
Thai Airways International is inviting qualified buyers to bid for one or more of its six A380-800s, issuing tender documentation on August 22, 2023. The airline seeks to dispose of its entire A380 fleet, which it retired from service in 2021. A proposal to bring some back into service late last year did not make it past the planning stage. Interested buyers must submit a proforma general information proposal, which includes a refundable USD50,000 per plane bidding deposit and price proposal no later than 2359L (1659Z) on September 12, 2023. The sale is conducted with the approval and supervision of the Bangkok Bankruptcy Court and is subject to final approval from Thai's plan administrator. The A380s are sold on an as-is, where-is basis, with HS-TUE and HS-TUF stored at Utapao and the remaining four kept at Bangkok Suvarnabhumi Airport. Individuals or entities who have previously been or are currently blacklisted by Thai, or subject to sanctions administered, enacted or enforced by the United Nations or the US government are ineligible to bid. "The bidder must act as principal for its own account and not as an agent or broker," the documentation reads. "In the event that the proposal is accepted, Thai will enter into a sale and purchase agreement with the successful bidder only and not with an affiliate or any other entity, whether associated or not with the bidder."<br/>