The board of Thai Airways has approved a management plan to acquire 37 new aircraft between 2011 and 2017 as replacements for decommissioned aircraft.
Aside from acquiring 37 new aircraft, the plan also foresees the retirement of 47 aircraft, says Thai.
During this period Thai also expects to take delivery of 26 aircraft: 12 Airbus A330-300s, eight Boeing 777-300ERs, and six A380-800s.
Thai adds that it hopes to have a fleet of 105 aircraft by 2017. According to Flightglobal's ACAS database, Thai has 86 aircraft on active service and 21 aircraft on order.
In early October, a senior executive at Thai said the carrier planned to decide on an order for new widebodies by the end of 2010, and was likely to go with a mix of Boeing 787s and Airbus A350s.
"Boeing and Airbus have each made their marketing pitch, and it's now up to our team to assess the offers," he said.
Thai is likely to order both the 787 and A350 but it was not clear if the order would be equally split between the two types.