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Boeing closing in on Thai deal for 80 Dreamliners – sources By Reuters

December 7, 2023
in Stock Market
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Boeing closing in on Thai deal for 80 Dreamliners - sources
© Reuters. FILE PHOTO: Thai Airways planes sit at Bangkok Worldwide Suvarnabhumi Airport, Thailand September 3, 2019. Image taken September 3, 2019. REUTERS/Amr Abdallah Dalsh/File Picture

(Reuters) -Boeing is in superior talks to promote round 80 wide-body 787 Dreamliner jets to Thai Airways after pulling forward of Airbus in extensively watched fleet renewal talks, business sources mentioned.

Reuters first reported in September that the service was boosting its necessities to as many as 80 wide-body jets and 15 smaller ones, sparking a contest between the 787 and A350 for one of many largest current wide-body orders from Southeast Asia.

Boeing (NYSE:) and Airbus declined to remark. Thai Airways didn’t instantly reply to a request for remark.

The Thai nationwide service is seeking to profit from a post-pandemic journey growth by bolstering regional routes, however there have been some issues over the power of planemakers Airbus and Boeing to ramp up output to satisfy surging demand.

Thai Airways started the restructuring of debt value 400 billion baht ($11.17 billion) in 2021.

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