Thai Airways issues A320 financing RFP

This story is sourced from Pro
See more Pro news »

Thai Airways has approached the banking market with a request for proposals covering new Airbus A320 deliveries, according to a financier.

The Thai national carrier is looking at commercial debt and operating lease proposals but has not asked for export credit agencies-supported bids, says the source.

According to the tender document, two A320s will be delivered this year, the remaining three in 2015. Bids are due by 28 April.

The A320s will be operated by subsidiary Thai Smile, which will also take three new A320s this year from operating lessor AWAS.

Flightglobal’s Ascend Online database shows Thai Smile operates a 12 strong A320 aircraft fleet, including six units leased from AWAS, four from SMBC Aviation Capital and the remaining two from Pembroke Group.