Thai Airways Plans Major Fleet Expansion With Airbus And Boeing Orders: Report
Portfolio Pulse from Shivani Kumaresan
Thai Airways International Pcl is planning a major fleet expansion by acquiring up to 90 aircraft from Airbus SE (OTC:EADSY) and Boeing Co (NYSE:BA). The order includes up to 80 twin-aisle jets and negotiations for leasing around a dozen narrowbody aircraft. The deliveries are expected to start in 2026, with Thai Airways potentially acquiring up to 40 Boeing 787 Dreamliners. Boeing shares saw a slight decrease of 0.15% to $217.38.
November 24, 2023 | 5:08 pm
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POSITIVE IMPACT
Boeing Co may secure an order for up to 40 of its 787 Dreamliner aircraft from Thai Airways, but its shares have slightly decreased by 0.15% to $217.38.
The potential order for up to 40 Boeing 787 Dreamliners by Thai Airways is a positive development for Boeing, suggesting an increase in future revenues. However, the slight dip in stock price may be due to market fluctuations or other factors not directly related to the news. The overall short-term impact on the stock is likely to be positive as the market digests the implications of the new order.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 80
POSITIVE IMPACT
Airbus SE is expected to receive a significant order from Thai Airways for up to 80 twin-aisle jets as part of the airline's fleet expansion.
The news of a large order from Thai Airways for up to 80 twin-aisle jets is likely to be seen positively by investors, as it indicates a significant boost in sales for Airbus. The impact on the stock price could be positive in the short term, reflecting investor optimism about the company's revenue prospects.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 80