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New Aircrafts for Thai Airways in a $3.9bn Expansion Plan - Thai Airways are on course to be in the top three leading airlines in Asia with the purchase of 37 new aircrafts. The upgraded fleet will be fully operational by 2017 with the purchase of 23 Airbus and 14 Boeing airplanes
New Aircrafts for Thai Airways in a $3.9bn Expansion Plan

 

PRZOOM - /newswire/ - Singapore, Singapore, 2011/07/06 - Thai Airways are on course to be in the top three leading airlines in Asia with the purchase of 37 new aircrafts. The upgraded fleet will be fully operational by 2017 with the purchase of 23 Airbus and 14 Boeing airplanes.

   
 
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In line with efforts to provide better service and quality to passengers, Thai Airways are planning to purchase 23 Airbus and 14 Boeing passenger and cargo airplanes at a cost of 118.6bn baht ($3.9bn).

The upgraded fleet is scheduled to be launched from 2014 to 2017 in plans to replace existing aircrafts while at the same time increasing the size of the fleet and will consist of six Boeing and nine Airbus planes whilst leasing a further 22.

The new aircrafts will be kitted out with more modern in-flight entertainment systems, more comfortable seating and of course the latest specification. In addition Thai Airways states the new aircrafts will help to reduce jet fuel consumption by around 1.3 percent annually and reduce carbon emissions by around 1.5 percent annually, also by 2017 the airlines average fleet age will be just 8.5 years, reducing from 11.9 years which it currently stands in 2011.

“Thai Airways needs to remain competitive against large scale or budget airlines, and upgrading their planes will not just benefit their company, but tourism into Thailand as well”, commented Ms Aileen Yong, Head of Electronic Marketing of Castlewood Group.

Thai Airways believe the purchase of these new aircrafts will place them firmly in the top three leading airlines in Asia and top five in the world for quality and efficiency of services.

Castlewood Group’s newest project (castlewoodgroup.com) the 8over8 luxury hotel in Phuket, Thailand will certainly benefit from Thai Airways new fleet.

 
 
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Agency / Source: Castlewood Group

 
 

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New Aircrafts for Thai Airways in a $3.9bn Expansion Plan

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Contact: Suzanne Brown - CastlewoodGroup.com 
+34 952568131 news[.]castlewoodgroup.com
 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Castlewood Group securities in any jurisdiction including any other companies listed or named in this release.

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