Thai Airways recovery from Covid has put a squeeze on newer planes that are available on the open market, its chairman said.
The global air travel recovery from Covid has put a squeeze on newer planes that are available on the open market, Chairman Piyasvasti Amranand said in an interview at the airline’s headquarters in Bangkok Wednesday. As a result, the carrier is struggling to find capacity available on operating lease, prompting Thai Airways to hold onto its own aircraft, he said.
As part of the restructuring plan, the state-controlled national carrier planned to add a total of 10 wide-bodies next year and a further eight in 2024. The airline has 61 aircraft in its fleet right now, including 20 for its low-cost unit Thai Smile, down from around 100 previously. The Asian carrier has already sold 12 Boeing 747s, and five Airbus A340s, and is in the processing of selling 4 more of the latter. It has also returned a dozen A330s.
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