Thai talks to planemakers

Now Reading:

Thai talks to planemakers

Text size Aa Aa

Showdown in the east for Airbus and Boeing as Thai Airways negotiates with the two plane makers for a possible record order of 30 aircraft worth around seven billion euros.

The Airbus A350 – which is still under development – is being pitted against Boeing’s 787 Dreamliner.

A Thai Airways executive said the state-controlled carrier is weighing up how each aircraft would fit with its strategic and marketing plans.

The senior executive, declined to be identified because the negotiations were private.

In an interview with Reuters he said: “We have to use more than 30 aircraft and we have asked Boeing and Airbus to propose details about their planes.”

He added the A350s could be used for routes that require high cargo and the 787s could be used on low-cargo routes.

The orders, which would need to be delivered between 2015-2020, would come as competition intensifies in Asia’s skies.

Hong Kong-based Cathay Pacific said this month it had placed orders for 30 Airbus aircraft and intends to exercise existing rights to buy six Boeing 777-300ER jets.

Thai Airways has already firmed up a previously announced commitment to buy seven Airbus A330-300 wide-bodied commercial jets.