THAI auctions the bare bones

THAI auctions the bare bones

The financially troubled Thai Airways International (THAI) will on Wednesday auction off the airframe of an old Boeing 737-400, according to its TG Warehouse Sale Facebook page.

The post said the sale presents a rare opportunity for an interested party to own the airframe of a single-aisle plane which has had long a long history with the national carrier.

It said the outer shell could be converted into a cafe or stand as an attraction in a resort.

The auction is being held on Facebook Live at 3pm on Wednesday.

In March, the airline earned over 1 million baht in under a minute by selling passenger seats stripped from its decommissioned aircraft. Thirty pairs of seats in different colours, including the airline's signature purple and pink, were quickly snapped up during a live-streaming session on the Facebook page TG Warehouse Sale.

THAI has sold or is in the process of selling 45 jets, leaving it with 58 aircraft, excluding three 777-300 aircraft it leased last month.

Last week, the carrier posted a 155% increase in revenue and a narrower loss in the first quarter of this year with liquidity surging to the highest point since the company filed for bankruptcy in 2020.

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