Press: Thai Airways Airbus buy plan frozen

14th May 2007

Thailand’s Transport Minister Thira Haocharoen has frozen a plan by state-owned Thai Airways International PCL to purchase eight Airbus A330-300 aircraft, Bangkok Post reported.
The plan was halted because it didn’t have details on cost effectiveness of the selected aircraft, its impact on the company’s financial status and projected competition in the airline industry in the next decade, a source at the Transport Ministry was quoted as saying.

Thira was quoted as saying that U.S. ambassador Ralph Boyce has introduced planes from Boeing Co. (BA) as alternatives, and that he hasn’t met Airbus representatives.

The freeze of Thai Airways’ plan also relates to Airbus’ inability to deliver six A380 jets on schedule, Bangkok Post reported.


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