Purdey Posted May 22, 2020 Share Posted May 22, 2020 It it possible that Thai has invoices to pay Airbus when Airbus hasn't leased anything to Thai. The money is going out somewhere. 1 Link to comment Share on other sites More sharing options...
saminoz Posted May 22, 2020 Share Posted May 22, 2020 15 hours ago, MadMac said: They could still recover the planes, which other stakeholders may not be able to. So now it becomes a fight for what is left over. Who can they lease them to now? Apparently we are a long way away from the cheapo travel of the past! Link to comment Share on other sites More sharing options...
mtls2005 Posted May 22, 2020 Share Posted May 22, 2020 8 minutes ago, saminoz said: Who can they lease them to now? Limited options: offer deferred payments take a stake in the airline, in lieu of payments dry lease invest in vaccine development Link to comment Share on other sites More sharing options...
Grumpy one Posted May 22, 2020 Share Posted May 22, 2020 15 hours ago, transam said: Does this airline actually know whom they rent from....? ???? No wonder its sums don't add up, and they are in trouble...????... They picked up the planes at a Cambodian border market Link to comment Share on other sites More sharing options...
robblok Posted May 22, 2020 Share Posted May 22, 2020 40 minutes ago, mtls2005 said: Airbus sells to the leasing companies, which then lease the aircraft to THAI (TG). In TG's case, for Airbus aircraft, leasing companies include: Aviation Lease and Finance CIT Aerospace International RBS Aerospace International There have been reports of leasing cabin staff in the future. So its not airbus wh has the problem but the leasing companies. Unless these go bust too. Of course is airbus right now not a company with good prospects neither is boeing of course with corvid and all. Link to comment Share on other sites More sharing options...
Popular Post 0815 Posted May 22, 2020 Popular Post Share Posted May 22, 2020 15 hours ago, transam said: Does this airline actually know whom they rent from....? ???? No wonder its sums don't add up, and they are in trouble...????... Don't you know the TH style? BORROW = GIFT 1 2 Link to comment Share on other sites More sharing options...
19DL86 Posted May 22, 2020 Share Posted May 22, 2020 (edited) 56 minutes ago, mtls2005 said: Airbus sells to the leasing companies, which then lease the aircraft to THAI (TG). In TG's case, for Airbus aircraft, leasing companies include: Aviation Lease and Finance CIT Aerospace International RBS Aerospace International There have been reports of leasing cabin staff in the future. Yes that is correct, and flight crew (pilots incl), this is called "Wet Leasing". Which they've been doing so for many years at least 25 to the best of my knowledge. More often than not with a maintenance package too. How or why else could all the small fledgling airlines start up? When the smallest aircraft in the A320 range and B737 start at over $120million. As for the written text - the lease contract, as would all other aircraft documentation ie Maintenance manuals, procedures and service bulletins. This is in English. Edited May 22, 2020 by 19DL86 1 Link to comment Share on other sites More sharing options...
Popular Post dallen52 Posted May 22, 2020 Popular Post Share Posted May 22, 2020 You wouldn't want to play poker with these guys. They couldn't lay straight in bed.. All part of the devaluation of the airlines worth no doubt. Another cunning deflection from the airlines massive losses. 3 Link to comment Share on other sites More sharing options...
Katipo Posted May 22, 2020 Share Posted May 22, 2020 How does this type of miscommunication error happen so often over here? Even after all these years, I am stunned it can occur so regularly and people are Ok with it. 1 1 Link to comment Share on other sites More sharing options...
Boomer6969 Posted May 22, 2020 Share Posted May 22, 2020 (edited) Maybe someone confused end of year bribes with lease payments? Edited May 22, 2020 by Boomer6969 1 Link to comment Share on other sites More sharing options...
Oziex1 Posted May 22, 2020 Share Posted May 22, 2020 Well that clears it up. Link to comment Share on other sites More sharing options...
dallen52 Posted May 22, 2020 Share Posted May 22, 2020 1 hour ago, boonrawdcnx said: They did not sell even 4% only reduced their share to just under 51 % - the entire saga is nothing but a smoke screen - it’s a bailout nothing else. True. You have to read the stuff completely. A couple of issues here. And one cannot happen without the other. Before bankruptcy the Thai government will want to get back as much as possible, before the receivers rule all debts to disappear under a Thai law. Link to comment Share on other sites More sharing options...
5633572526 Posted May 22, 2020 Share Posted May 22, 2020 Or maybe this “rent” was going into someone’s overseas bank account. 1 1 Link to comment Share on other sites More sharing options...
The Deerhunter Posted May 22, 2020 Share Posted May 22, 2020 16 hours ago, richard_smith237 said: Makes sense, then as usual the press have over simplified and dramatized the whole issue reporting inaccurately and avoiding facts they are unable to understand. Never let the facts get in the way of a good story? A.K.A. T.I.T. 1 Link to comment Share on other sites More sharing options...
shackleton Posted May 22, 2020 Share Posted May 22, 2020 Still the no wiser are they loaned out or not One saying yes Airbus saying no.? Link to comment Share on other sites More sharing options...
cmsally Posted May 22, 2020 Share Posted May 22, 2020 16 hours ago, MadMac said: Does not matter, apparently the Ministry of Finance sold their shares, how so, no idea. Now it is up to Buddha. They sold them to Buddha ?? 1 Link to comment Share on other sites More sharing options...
SOTIRIOS Posted May 22, 2020 Share Posted May 22, 2020 ..getting more and more interesting...definitely merits independent intervention... ...haven't filed...skirting the issues.... ...now...misstating facts....??? ....very questionable motives... Link to comment Share on other sites More sharing options...
Fex Bluse Posted May 22, 2020 Share Posted May 22, 2020 Seems like the whole of average Thai existence is one continuous misunderstanding 1 1 Link to comment Share on other sites More sharing options...
thaiowl Posted May 22, 2020 Share Posted May 22, 2020 17 hours ago, MadMac said: Not so sure about this, they bought planes in the past like those 340 that could not be sold ever again. One belongs now to the airforce, permanently parked at Don Mueang on the other side. That one flew over me twice last month when I was on my my bike in Nonthaburi, Link to comment Share on other sites More sharing options...
hotchilli Posted May 22, 2020 Share Posted May 22, 2020 17 hours ago, snoop1130 said: Reports on May 20 quoted Deputy Transport Minister Thaworn Senneam as saying that THAI’s debts were checked on May 15, when documents showed that Airbus is trying to collect debts for the rental of 30 airplanes as the due date draws near. False documents springs to mind.... I wonder why that would happen? 1 Link to comment Share on other sites More sharing options...
The Old Bull Posted May 22, 2020 Share Posted May 22, 2020 Smells of some kind of middle man or broker stuffing cash in his pocket. 1 Link to comment Share on other sites More sharing options...
Jonathan Swift Posted May 22, 2020 Share Posted May 22, 2020 18 hours ago, 3NUMBAS said: what language is the contract written in ?swahili or some unknown tongue of a lost tribe ? I believe it was written in Gibberish Link to comment Share on other sites More sharing options...
digger70 Posted May 22, 2020 Share Posted May 22, 2020 18 hours ago, snoop1130 said: Airbus denies renting out jets to THAI Fake News then hey. What are the Fake News Watchdogs doing( Scratching Their Fleas and Ticks ) than to stop Fake news to be on the Air? Link to comment Share on other sites More sharing options...
SPREX Posted May 22, 2020 Share Posted May 22, 2020 August 31, 2016 The Thai has 8 planes in Dry Lease Type A350 XWB and 12 fully owned aircraft January 27, 2020 Thai airways plans to practice wet dry crewed aircraft rental Thai Airways may lease new aircraft and sublet cabin crew to reduce assembly costs and losses Flight Lease offers various leasing and financing options primarily for commercial aviation activities. We are able to provide tailor-made financing solutions to allow operators to expand their fleet and better serve their customers. We also provide flexible and creative leasing options, including sales / leasing structures in which Flight Lease buys the aircraft from an operator and leases it to the operator without interruption of service. A dry lease (dry English) is a rental contract under which an aeronautical finance company (lessor), such as GECAS or AerCap, supplies an aircraft with no crew, no ground personnel, etc.7. This type of rental is generally used by leasing companies and banks, obliging the tenant to put the plane on his own Air Transport Certificate (AOC) and manage the registration of the aircraft. A dry lease usually lasts from two to five years and includes certain conditions with regard to the periodic maintenance of the aircraft and the maintenance of its airworthiness, the minimum insurance conditions. It may also contain specific provisions depending on the geographic location, the political situation, etc. In the case of the dry lease, the aircraft is operated under the responsibility and the Air Transport Certificate of the client airline 1 Link to comment Share on other sites More sharing options...
Jenkins9039 Posted May 22, 2020 Share Posted May 22, 2020 18 hours ago, snoop1130 said: n May 20 quoted Deputy Transport Minister Thaworn Senneam as saying that THAI’s debts were checked on May 15, when documents showed that Airbus is trying to collect debts for the rental of 30 airplanes as the due date draws near. Pocket the sum for the 30 planes, and hope no one uncovers the fact that they did not exist?> 1 Link to comment Share on other sites More sharing options...
Nanaplaza666 Posted May 22, 2020 Share Posted May 22, 2020 THAI:We need money for renting planes , GOVMNT:ok ,THAI: we need money for renting planes ,GOVMNT: ok , THAI:we need money for renting tplanes ,GOVMNT: ok , AIRBUS to GOVMNT we never rented planes to THAI . THAI oops money gone to someones pocket ??? Link to comment Share on other sites More sharing options...
ray666 Posted May 22, 2020 Share Posted May 22, 2020 18 hours ago, richard_smith237 said: Makes sense, then as usual the press have over simplified and dramatized the whole issue reporting inaccurately and avoiding facts they are unable to understand. Thai corruption that`s the problem . Just like all things in Thailand. Not the Land of smiles. The Land of Thiaves 1 Link to comment Share on other sites More sharing options...
Popular Post ray666 Posted May 22, 2020 Popular Post Share Posted May 22, 2020 2 minutes ago, ray666 said: Thai corruption that`s the problem . Just like all things in Thailand. Not the Land of smiles. The Land of Thiaves Thai Government are the worst, it`s about time something was done about this. It could be a really wealthy country, if it was run correctly. Too many taking, as you say brown envelopes. Also some help should be given to the real Thai people in Isaan. The real people of a beautiful country, but yet they are so poor. 3 2 Link to comment Share on other sites More sharing options...
Popular Post Percy P Posted May 22, 2020 Popular Post Share Posted May 22, 2020 19 hours ago, crobe said: English Why is English spoken so much around the world I asked my friend. Reply, Because God is an English man. 1 3 Link to comment Share on other sites More sharing options...
Percy P Posted May 22, 2020 Share Posted May 22, 2020 19 hours ago, MadMac said: Does not matter, apparently the Ministry of Finance sold their shares, how so, no idea. Now it is up to Buddha. who did they sell.them to, Joe public. Link to comment Share on other sites More sharing options...
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