Thai Airways: first new order in six years to provide overdue replacements for 747-400s, older 777s
Thai Airways is pushing forward with long-overdue widebody renewal as part of the first phase of a new fleet plan. The airline intends to phase out all of its remaining 747-400s, 777-200s and 777-300s – many of which are over 20 years old – by 2022.
The airline group plans to acquire, contingent on government approval, eight to nine narrowbody aircraft and approximately 20 widebody aircraft for delivery from 2019 to 2022. Thai Airways has not placed any aircraft orders in six years, and currently has no committed deliveries after a final batch of five A350s arrive in 1H2018.
Growth at the parent airline will be modest over the next few years as Thai Airways focuses on renewing its fleet and improving profitability. The rate of growth could accelerate next decade as part of a second phase in the new 10-year fleet plan that is not yet up for government approval.
To access CAPA Premium Analysis you need a CAPA Membership
Your window into the latest insights
CAPA employs an industry-leading Analyst team based in Europe, North America, Asia and Australia who offer unique perspectives and independent and accurate commentary of critical industry developments globally. CAPA Members rely on our Analysis to unlock valuable insights and actionable intelligence to keep ahead of the game.
Big picture strategic view
Our Analysts don’t just report the news - they take a big picture strategic view of aviation dynamics, issues and trends and analyse the implications of these developments for you.
The CAPA Analyst team is based globally to ensure our CAPA Members have access to independent, unique perspectives covering an entire spectrum of daily, worldwide commercial aviation developments.
Customise your Alerts
CAPA Members can use CAPA Alerts to receive daily, weekly or monthly and customised updates on our Analysis.
I'm very impressed by the factual and detailed analysis CAPA is always doing.- CEO, Airline Member
Phone: +61 2 9241 3200 | Email: email@example.com