Thai Airways to sell 34 aircraft, including its 747s

Following a first half-year loss of nearly $900m, the carrier is looking for ways to stay afloat

Thai Airways has put more than 30 jets up for sale in a bid to raise cash as it battles to restructure its business amid the impact of the COVID-19 pandemic. 

The flag carrier is selling a significant proportion of its former widebody fleet including ten Boeing 747-400, six 777-200, six 777-300ER, six A340-600, three A340-500 and a single A300-600 aircraft. The company is also offering two 737-400 as well. 

Since January 1991, Thai Airways has operated 18 -400 examples. Aviation Image Network/BaoLuo

The aircraft are being sold in an “As-Is, Where-Is” condition. 

The jumbos – which are all powered by General Electric CF6 turbofans – were all manufactured between 1993 and 2003 and are available from the second quarter of next year. The 12 777s – which rolled off the production line between 1996 and 2000 – all feature Rolls-Royce RB211 powerplants and are similarly ready for delivery in Q2 2021. 

The Airbus A300 first flew in October 1972 and entered Thai's fleet in September 1985. Aviation Image Network/Bailey

Thai Airways’ six A340-600s are potentially the youngest jets on offer in the sale as they were manufactured between 2005 and 2008. These airframes are slated to be available from Q2 next year. 

The shorter three shorter -500 examples, which were produced between 2005 and 2007, are due to be ready slightly earlier and can be picked up by prospective buyers in Q1 next year. 

The lone A300 was manufactured in 1993 and is powered by two Pratt & Whitney PW4000. 

It’s not known what prices Thai Airways is asking for each jet but interested buyers have until November 13 to register their offers.