transpac

It looks like the Royal Thai Air Force has purchased an A345 from THAI.


Thai air force agrees to buy Thai Airways jet to boost transport capabilities

The Royal Thai Air Force (RTAF) is set to procure from national carrier Thai Airways a decommissioned Airbus A340-500 passenger jet for THB1.75 billion (USD50 million), Thai Airways confirmed on 17 May.

A contract to procure the aircraft is scheduled to be signed in June that will call on the RTAF to pay for the aircraft in four installments in 2016 and 2017.

The aircraft is expected to be converted for military use by state-owned Thai Aviation Industries: the country's primary military aerospace maintenance, repair, and overhaul specialist.

The contract also includes the provision of spare parts, a spare engine, and associated equipment.

http://www.janes.com/article/60430/t...t-capabilities

transpac

Thai to sell off Nok Air stake, delays A350 EIS date


Thai Airways International (TG, Bangkok Suvarnabhumi) will sell off its shareholdings in several independent firms as it proceeds with the next phase of its restructuring programme airline president Charamporn Jotikasthira has said.

Announcing a Q1 net profit of THB6 billion (USD168.5 million), Charamporn told a news conference this week that the shareholdings will include a 37% stake in local LCC Nok Air (DD, Bangkok Don Mueang) as well as a 23% stake in Bangkok Aviation Fuel Services.

The Nation newspaper reports that the carrier will also issue refinancing bonds worth THB7 billion (USD196.5 million) this year and will also invest THB100 billion (USD280.8 million) in maintenance projects.

Meanwhile, Thai has delayed the A350's planned entry-into-service date by one month Airline Route has reported.

Whereas the carrier's first A350-900 was to have made its commercial debut on the July 1 rotation between Bangkok Suvarnabhumi and Melbourne Tullamarine, that date has now been pushed back to August 1.

Thai has a total of twelve A350s on order from Airbus Industrie (AIB, Toulouse Blagnac) the first of which, HS-THB (cn 44), was to have been delivered this month.

http://www.ch-aviation.com/portal/ne...-a350-eis-date

transpac

THAI proceeds with restructuring programme

THAI AIRWAYS International (THAI) is convinced that its financial performance this year will show an improvement over last year, in line with its plan recently submitted to the State Enterprise Policy Committee board.

"The bottom line would definitely improve as we are strictly proceeding with our restructuring plans," THAI president Charamporn Jotikasthira said at a press conference yesterday.

Last year, THAI reported a net loss of Bt13 billion.

THAI plans to issue refinancing bonds worth Bt7 billion this year and invest Bt100 billion on maintenance projects, said Charamporn.

He revealed that the airline would next week finalise its second early retirement programme, which is expected to cost the company about Bt2.2 billion.

Asset disposal

Meanwhile, the disposal of non-core assets is going on, including a 39-per-cent stake in Nok Air and 23 per cent in Bangkok Aviation Fuel Services.

http://www.nationmultimedia.com/busi...-30286099.html

brunos

Some of these numbers look strange.
First, BHT100 billion invested in maintenance projects look gigantic.
Second, TG receives a nice gift from the air force for a plane that is basically worthless.

And who is buying Nok shares?

Yobodon

Please credit and share this article with others using this link:http://www.bangkokpost.com/news/tran...ice-in-october. View our policies at http://goo.gl/9HgTd and http://goo.gl/ou6Ip. © Post Publishing PCL. All rights reserved.

Creole Spirit

and here is another article in BKK-Post where it reports about a cabin load factor which is 5% below industry average!

http://www.bangkokpost.com/business/...-to-add-routes

BinSabai

J was full this week to Seoul. Half of the cabin were upgrades!

Creole Spirit

new routes announced (Moscow and Teheran plus Cebu by Thai Smile) and new cabin crew hirings....

http://www.nationmultimedia.com/busi...-30288371.html

http://www.nationmultimedia.com/busi...-30288374.html

http://www.bangkokpost.com/business/...ran-and-moscow

http://www.bangkokpost.com/business/...y-greater-role

transpac

Same/additional details re: A350 and new routes...

http://www.bangkokpost.com/news/poli...-airbus-models

The airline plans to launch thrice-weekly flights between Bangkok and Tehran, Iran, on Oct 1 on the back of strong demand. It will also resume flights between Bangkok and Moscow on Nov 1. The route was suspended last year as part of its restructuring plan.

joy16

Glad that THAI will resume service to Tehran after suspended this route in 1979.

BinSabai

wow! that was the year when the Shah was removed and the Ayatollahs took over

joy16

Yeah, THAI left Tehran after Iranian Revolution.

Creole Spirit

http://oa.geodiction.com/articles/20...arns-thai-boss

Thailand remains Europe’s favourite long-haul getaway. But with Middle East airlines putting evermore flights into the kingdom and beyond and short haul budget airlines building market share at the expense of the country’s flag carrier, Thai Airways International (THAI) president, Charamporn Jotikasthira, might sometimes wish he was back at his old job running the country’s stock exchange.......

TPJ

To late for me - after so many changes and having this ridiculous overnight SYD flight arriving into BKK at 4am, I recently decided to book QR.

PS. Quote from: http://oa.geodiction.com/articles/20...arns-thai-boss

Creole Spirit

THAI Wins Skytrax Most Improved Airline and Best Airline Lounge Spa Awards 2016

http://www.nationmultimedia.com/busi...-30290474.html