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Thai Airways leases 17 aircraft from Aercap

Thai 350 bangkok one Feb 22 2024

AerCap, an aircraft leasing company based in Dublin, has recently finalized lease agreements with Thai Airways International (TG) for a total of 17 aircraft. These agreements cover a diverse range of aircraft, including four Airbus A350-900s, three Boeing 787-9s, and ten Airbus A321neos. Thai Airways International has acquired these aircraft as part of their short-term fleet development strategy for 2023.

A portion of the A350 aircraft has already been delivered, with the remaining two scheduled for delivery in the first and second quarters of 2024. Deliveries of the 787 aircraft are set to commence in the second quarter of 2024 and continue through the fourth quarter of 2025. As for the A321neos, they are expected to be delivered from the third quarter of 2025 through the second quarter of 2026.

Peter Anderson, the Chief Commercial Officer of AerCap, expressed his satisfaction with the transaction, emphasizing the company’s support for Thai Airways International’s fleet modernization plan. He also acknowledged the longstanding and strengthened business relationship between AerCap and TG dating back to the mid-1990s. Anderson expressed gratitude for the airline’s business and conveyed excitement about future collaboration.

Chai Eamsiri, the Chief Executive Officer of Thai Airways, underscored the significance of the partnership with AerCap and the mutual trust and commitment they share. He highlighted the benefits of incorporating these new-generation aircraft, which will enhance operational capacity and elevate passenger comfort for the airline. Eamsiri emphasized the role these aircraft would play in enabling Thai Airways to adapt rapidly to evolving market demands.

This development follows Boeing’s announcement that Thailand’s national carrier had placed an order for 45 Boeing 787-9 Dreamliners. Thai Airways made this announcement at the Singapore Airshow, specifying its plan to equip the aircraft with GEnx engines for sustainability reasons.

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