Thai Airways has put 34 aircraft up for sale, including its entire remaining fleet of Boeing 747s.
The sale includes 32 widebodies, 12 of its older 777s, Airbus A340s, two 737-400s and a single A300.
Thai Airways had faced financial difficulties before the pandemic. The airline lost $900m in the first half of the year and entered bankruptcy in a Thai court in September which allowed it to reorganise and restructure. The sale is part of the company’s fleet restructuring towards a younger, more efficient fleet.
Aircraft available on “As-Is, Where-Is” condition
The trading website states the aircraft are offered for sale on an “As-Is, Where-Is” condition with aircraft available for delivery in the first half of 2021. Many of the planes will require maintenance overhauls should the new owners plan to fly them, with some aircraft having been in storage for up to six years.
According to Planespotters.net, although Thai’s fleet is said to be 75-strong , the airline only has eight aircraft still in use. These include three 777s, three A350-900, and two A330-300.
Thai Airways had a fleet of 80 aircraft going into the crisis which will be reduced to 49 following the sale. The carrier has a young fleet of 12 A350s for long-haul operations with 14 777-300s, all under 10 years of age, as well as its eight Dreamliners and 15 A330s. Thai Airways also operates six A380s, which are all currently in storage.