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Monday, May 6, 2024

THAI achieves big revenue boost, sets target to trade on exchange

Last week, THAI announced plans to acquire 45 new aircraft to replace decommissioned ones, claiming that it was necessary to replenish THAI’s fleet to match the number of planes in 2013 as well as to serve the government’s ambitious goal of becoming the region’s aviation hub. 

“The process to obtain new aircraft is very flexible, meaning it can be hire-purchase, leasing or buying depending on the appropriate conditions of THAI at that time,” Chai explained.

Meanwhile, he emphasised that the entire process is conducted directly with the producers, eliminating any potential conflicts of interest.

Furthermore, THAI has scoped the aircraft into 3-4 models rather than the previous 9 models, which will save THAI money, human labour, and maintenance costs when operating the flight. 

THAI and its subsidiaries currently operate a fleet…

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