Thai Airways International is preparing to seek board approval for a major widebody leasing initiative that will secure up to ten aircraft to reinforce its long-haul operations. The proposal will be formally presented at a board meeting on October 23 as part of the airline’s post-rehabilitation fleet renewal and capacity restoration plan.
The plan calls for leasing between eight and ten widebody aircraft, with types under consideration including Boeing 787s and 777-300ERs. The leases would run for approximately six years, and deliveries could begin by mid-2026 once contracts are finalized. CEO Chai Eamsiri said the additional aircraft are necessary to replace nine retired jets and sustain Thai Airways’ international network growth, particularly amid delayed deliveries from aircraft manufacturers and strong competition for available lease slots.
The expansion aligns with the airline’s broader target to grow its fleet from around 79 to 90 aircraft by the end of 2025. Thai Airways already secured nine leased Airbus A321neo aircraft for regional routes but continues to face widebody shortages on its European and Australian operations.
Financially, the carrier remains cautious after an earlier leasing plan for used Airbus A330-200 aircraft drew criticism over cost and strategy misalignment. The Thai Airways board previously rejected the A330 lease, valued at about 13.2 billion baht ($400 million), citing that the model’s shorter range and inefficiency conflicted with fleet simplification goals designed around just four aircraft types: Boeing 777, Boeing 787, Airbus A350, and Airbus A321neo.
The new proposal’s focus on Boeing 787s and 777-300ERs fits the airline’s standardized fleet structure and modernization strategy. These aircraft would serve as an interim solution until Thai Airways receives new Boeing aircraft — part of its 45-plane order scheduled for delivery beginning in 2027. Analysts note the plan is essential for preserving Thai Airways’ long-haul competitiveness and strengthening Thailand’s role as a key aviation hub in Southeast Asia.