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Thai Airways looks at A350, 777X for fleet renewal - executive


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Thai Airways looks at A350, 777X for fleet renewal - executive

By Jamie Freed

 

2018-10-19T094417Z_1_LYNXNPEE9I0QV_RTROPTP_3_THAI-AIRWAYS-STRATEGY.JPG

FILE PHOTO: A Thai Airways Boeing 777-300ER plane takes off from Bangkok's Suvarnabhumi Airport February 23, 2015. REUTERS/Chaiwat Subprasom

 

JEJU, South Korea (Reuters) - Thai Airways International PCL <THAI.BK> is considering the purchase of Airbus SE <AIR.PA> A350s or Boeing Co <BA.N> 777X jets as part of a plan to renew its widebody fleet, a senior executive said.

 

The airline submitted a plan to its government to buy 23 jets worth 100 billion baht ($3.07 billion) including some widebodies, but it was last month sent back to the new Thai Airways leadership team for a three-month review.

 

"Hopefully the figures will not change too much because we need room for expansion," Thai Airways Vice President Alliances and Commercial Strategy Krittaphon Chantalitanon said of the order size on the sidelines of an industry conference.

 

A decision is expected before Christmas, he said, with the widebody jets to replace ageing 747s, 777-200s and 777-300s. It would also give the airline the capacity to relaunch U.S. flights assuming Thailand's safety rating is upgraded by the Federal Aviation Administration.

"We also have to do proper market studies whether it is the east coast, the west coast or whatever," Chantalitanon said of U.S. flights. "At the moment we have not decided where our metal is going to land and we also need the delivery of our future fleet."

 

The flights would compete against non-stop U.S. flights from Southeast Asian rivals Singapore Airlines Ltd <SIAL.SI> and Philippine Airlines Inc [PHL.UL]. Chantalitanon said there was enough premium traffic from Thailand and neighbouring countries to make the flights viable.

 

Thai Airways, which has been struggling financially, is pinning hopes of a revival on the new leadership team, jet purchases and improving its brand as tourism booms in the region.

 

Chantalitanon said there had been a "bit of a drop" in passenger demand on Chinese routes after a boat accident in July that killed dozens of tourists.

 

European and Japanese demand was stronger, he said, with the airline adding more flights to those regions.

 

(Reporting by Jamie Freed)

 
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-- © Copyright Reuters 2018-10-23
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12 minutes ago, webfact said:

Thai Airways International PCL <THAI.BK> is considering the purchase of Airbus SE <AIR.PA> A350s or Boeing Co <BA.N> 777X jets as part of a plan to renew its widebody fleet,

Assuming that's to give more space to the deadhead pilots demanding better seating?

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Hopefully it has plenty of First and Business Class seats so that not too many paying customers are inconvenienced when HiSo Thai Airway pilots bump them.

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They have 11 or 12 A350's already. Plane of the future.

All they need to do is talk some sense into their younger flight crews

I say younger as you may have noticed the "Deadbeats " did not have 747 rating.

Any Thai International pilot over 40 would have flown the "Queen of the Sky"

 

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A350, great aircraft, less noise and more comfort.

I always avoid B777 economy, like sardines in a can with most airlines seating 10 across in an airframe designed for 9.

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9 hours ago, Darcula said:

It's time to milk the cow again.

....and they do this well with clear and settled repugnance. 

 

The slight-of-hand of an expanded fleet doesn't automatically assume that the business practices are up to par. 

Same as it ever was?

 

😏

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It's interesting.

Delta Airlines in the US has the oldest average fleet age of all the US airlines, yet is one of the most profitable airlines in the business.

Having bright shiny new aircraft is only part of running a successful profitable airline!

Something tells me that TG will get the bright shiny toys yet still fail to turn it around

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21 hours ago, webfact said:

It would also give the airline the capacity to relaunch U.S. flights assuming Thailand's safety rating is upgraded by the Federal Aviation Administration.

I missed this; when was it downgraded? Does anyone have a year?

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