A340

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Thai airways to ground it fleet of A340s

As per Bloomberg report, Thai Airways has grounded its entire fleet of Airbus A340s, some of which are barely a few years old for cost efficiency purposes. The airline says that it’s unable to make any flights on these quad engine aircrafts profitable even after the substantial oil price drop. In this age of twin engines aircrafts performing as good as the yesteryear 4 engine beauties, the need for such aircrafts has been almost wiped out. No airline has any pressing need to fly these birds anymore unless they are flying to hot and high destinations such as Johannesburg or Mexico to name a few. Thai has tried to sell these aircrafts for a while now but without any success and as has been the case…

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China Eastern cancels Boeing 787 order

China Eastern Airlines has announced that it would be cancelling its order for 24 Boeing 787s and instead order 45 Boeing 737 variants, the airline has cited extended delivery delays for the cancellation. In addition the carrier plans to order 15 Airbus A330 aircraft which will be delivered between 2013 and 2015, it also intends to sell its 5 Airbus A340-300s back to Airbus in 2012. China Eastern’s Boeing 787 order book for the 787-8 variant consisted of 15 orders for the parent carrier, and 9 orders for China Eastern’s subsidiary Shanghai Airlines. The airline’s 737 order is valued at $3.3 billion at list prices.The new aircraft are expected to be delivered to the airline starting 2014 and until 2016. Given that China Eastern’s latest…

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