Thai Airways reported a steep drop in profits for the March quarter, although the airline is also moving closer to gaining approval for a major aircraft order. Thai is seeking government permission to place orders for 38 aircraft, most of which will replace older models. The carrier said it received board approval for the order in January, and gained clearance from two government agencies in March and April. Thailand’s cabinet is now in the process of deciding on the fleet plan, the ...

Subscribe to Access this Entire Article

"Thai 1Q profit falls on lower demand; seeks major aircraft order" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions?

Already registered? here.