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Thai Airways to Finalize MRO Investment Plan in the Next Few Months
19th Sep 2016
Speaking about THAI’s new maintenance, repair and overhaul (MRO) business, Thai Airways International chairman Areepong Bhoocha-Oom said that the investment plan for it will be finalized within the following few months.
Mr Areepong said:
This business will secure our long-term revenue so we can maintain stability even when our fare revenue faces turbulence.
THAI Hires Consulting Company to Conduct a Feasibility Study for the Airframe Maintenance Business
Earlier, THAI Board of Directors agreed to hire a consulting company. This company will conduct a feasibility study in the next few months for the planned MRO joint venture.
The MRO service centre will be opened at U-Tapao Airport, with the airframe maintenance joint venture being first to be opened in 2017. This will allow the airline to gain revenue from the venture.
The consulting company will also conduct the feasibility study for other businesses within the MRO joint venture (repair and overhaul) later this year.
THAI Could be a Strong MRO Centre for SE Asia
THAI could be a strong MRO centre for Southeast Asia, thanks to having a geographical advantage in the ASEAN region and plenty of competent technicians.
Mr Areepong also said:
According to our preliminary study, we are in a good location where airlines can stop by to use our MRO services with a shorter distance and time compared with other countries in the region.
THAI Looking for MRO Partners
Speaking about finding partners for the MRO business, Mr Areepong said:
We expect to find partners that are experts in their fields for our MRO business. We have to wait for the feasibility study to be completed before we are able to discuss further details.
He also said that THAI has set a target for the entire MRO business to generate significant revenue.
Last Thursday (15th September), THAI board approved the plan for refurbishing six Boeing 777-200ER planes that THAI currently has. The carrier has been operating this model for 10 years now and the passengers have been complaining about the uncomfortable seats in the Economy Class for a while now. At the same time, the Business Class will also be upgraded with new, 180 degree reclining seats.
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