THAI says no agreement on aircraft deliveries
THAI has not yet agreed with Airbus and Boeing on delivery deferrals for aircraft it no longer needs as it tries to fill seats on its existing planes. Late last month the company said it had returned to profit in the final quarter of 2015. The carrier grounded 38 aircraft as part of the turnaround, which aims to improve its cabin factor to 80% this year. It also said in January it wanted to delay the delivery of 12 Airbus A350s, and 2 Boeing 787s. "Today we still have 73% cabin factor so we don't need to expand anywhere," THAI president Charamporn Jotikasthira said. "Financially we don't need the planes and commercially we have not sold enough tickets. The more capacity we have the more trouble we will run into, so the more we can delay the better," he said. <br/>
https://portal.staralliance.com/imagelibrary/news/hot-topics/2016-03-14/star/thai-says-no-agreement-on-aircraft-deliveries
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THAI says no agreement on aircraft deliveries
THAI has not yet agreed with Airbus and Boeing on delivery deferrals for aircraft it no longer needs as it tries to fill seats on its existing planes. Late last month the company said it had returned to profit in the final quarter of 2015. The carrier grounded 38 aircraft as part of the turnaround, which aims to improve its cabin factor to 80% this year. It also said in January it wanted to delay the delivery of 12 Airbus A350s, and 2 Boeing 787s. "Today we still have 73% cabin factor so we don't need to expand anywhere," THAI president Charamporn Jotikasthira said. "Financially we don't need the planes and commercially we have not sold enough tickets. The more capacity we have the more trouble we will run into, so the more we can delay the better," he said. <br/>
