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BANGKOK 18 August 2019 22:15
webfact

THAI close to sale of used aircraft to US firm

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THAI close to sale of used aircraft to US firm

By THE NATION

 

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Thai Airways International (THAI) expects to sign an agreement this month with a US logistics firm on the sale of eight used A340 aircraft worth between Bt4 billion to Bt4.5 billion, said President Sumeth Damrongchaitham.

 

The company is in the process of examining the contract before closing the sale deal of THAI aircraft to the private US company, he said adding that it also depends on the acceptance of the buyer. "We are studying details of the contract, especially in the area of pre-operational maintenance activities, " Sumeth said. 

 

In regard to THAI's plan for the purchase of 38 new aircraft, Sumeth said it had submitted the proposal to the Transport Ministry, pending consideration as a policy matter, before seeking approval from the Cabinet. 

 

"I would affirm that the purchase of new aircraft is quite necessary as it will raise our competitiveness. I believe the new administration will approve the plan," said Sumeth.

 

Source: https://www.nationthailand.com/business/30373039

 

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-- © Copyright The Nation Thailand 2019-07-17

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A couple of mercs for significant others on the way then. The price of 4-4.5Bn฿, or 123M$-145M$ would be selling at a loss, calculating the prices from A340-200 model being offloaded at unit cost of $187.5M.. Sure used, but...

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Could someone please explain how buying 38 new aircraft is going to get Thai airwsys out of debt and make the airline more competitive????

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Thailand will do okay, after all they are a tropical country that has tourists, especially every

Winte and people need to fly, even around Thailand. Also unlike the USA, they do not have

the same problems the USA airlines face everyday.

Geezer

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TG started to die in 1992 when Chatichai Boonya-Anantha was mandatorily retired reaching 60 years of age. He and his team of visionaries were the last aviation experts in that company. Ever since, TG was and still is in free fall. 
It is sad to see that one of the world's leading airlines today ranks somewhere between Nigerian Airways and Air Cameroon with something like Botswana Air in between. 
The service is terrible, the reliability to the time table is questionable and they quite clearly missed the boat into the 21st century. 
But then, who am I? Just opted for choice - as a customer - and have not used TG in years and will not do so unless there is no other alternative (today, luckily there are). The LCC are frugal but they also fly at a fraction of the price - your call! 

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8 hours ago, webfact said:

the sale of eight used A340 aircraft

Selling 8 and buying 38. So an existing total fleet of 82 has grown to 112, up 36%.

Does that mean the trading loss last year will go up 36% from 11.6 billion baht to nearly 16 billion baht.

Going by past history If these new 38 aircraft are fitted with Rolls Royce engines there could be a few envelopes around for the taking.

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And there was me thinking that aircraft from western nations, migrated thru Asia, on there way to a death in deepest darkest Africa.

 

Lol... perhaps this is a byproduct of MAGA, wherein the US is now having to fly outdated pieces of crap above the heads of their 325 million citizens... I hope those red hats have a rigid lining, although the thick skulls beneath may, in need, be enough to stave off injury.

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8 hours ago, webfact said:

"We are studying details of the contract, especially in the area of pre-operational maintenance activities, "

May be a problem, I understand there hasn't been any...

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Posted (edited)
8 hours ago, jabis said:

A couple of mercs for significant others on the way then. The price of 4-4.5Bn฿, or 123M$-145M$ would be selling at a loss, calculating the prices from A340-200 model being offloaded at unit cost of $187.5M.. Sure used, but...

The problem with these A340s is that they use so much fuel that they are loss-making even if every seat is sold.

Edited by laocowboy2
Typo
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11 minutes ago, laocowboy2 said:

The problem with these A340s is that they use so much fuel that they are loss-making even if every seat is sold.

...A340-500 had the longest range of any airliner at one time. Thai used them for the Bangkok-New York non-stop flight. But I think they had to strip weight/some seats out of them to get the range.

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