Airbus

Thai Airways’ rebuilding plan hits turbulence from Airbus

BANGKOK — Thai Airways International’s plan to open an aircraft maintenance yard in eastern Thailand is in jeopardy after partner Airbus missed a March deadline to submit a contract proposal, putting the carrier’s path to reconstruction in question.

The two companies agreed in 2017 to build a maintenance, repair and overhaul facility at U-Tapao International Airport in Rayong Province, servicing mostly low-cost carriers. The plan originally called for operations to begin last year, but the project was repeatedly delayed.

Thai Airways asked Airbus to submit a proposed joint venture contract by March 6, then extended the deadline to April 20.

Read More