SYDNEY, Nov 6 (Reuters) - Thai Airways Worldwide PCL THAI.BK stated on Friday it was in search of p
SYDNEY, Nov 6 (Reuters) – Thai Airways Worldwide PCL THAI.BK stated on Friday it was in search of potential consumers for 34 used Airbus SE AIR.PA and Boeing Co BA.N planes as a part of its restructuring plan.
The sale of the planes, that are narrowbodied and widebodied plane that vary between 12 and 28 years outdated, would require the chapter court docket’s approval, the airline stated in a press release.
Thailand’s chapter court docket in September allowed Thai Airways to proceed with a plan to restructure 245 billion baht ($7.98 billion) of debt as fallout from the coronavirus pandemic added to woes on the airline, which has been struggling since 2012.
The airline stated the sale of the planes can be in line with its reorganisation plan, which might reduce its fleet measurement as a part of an effort to handle prices.
It’s accepting expressions of curiosity within the 34 jets on an internet site. They embrace four-engined Airbus A340s and Boeing 747s which can be much less gasoline environment friendly than newer fashions and should not in excessive demand from consumers.
Different sorts on the market embrace Boeing 777s, 737-400s and an Airbus A300, with supply obtainable within the first or second quarter of 2021 on an “as-is, where-is” situation, based on the web site.
($1 = 30.7000 baht)
(Reporting by Jamie Freed; Enhancing by Kenneth Maxwell)
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