Thai flag carrier Thai Airways will pursue a far-reaching cost-cutting program from 1Q2016 to realize up to THB1billion ($28 million) in savings. Thai management said it would seek to defer deliveries of up to some 14 aircraft on order from Airbus and Boeing, including four purchased and eight leased Airbus A350 XWBs, and the remainder of its eight-strong 787 order. The majority of the new aircraft deliveries are scheduled for mid-2016 onward, and Thai CEO Charamporn Jotikasthira said the ...

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