Skip to content

Thai Airways latest to retire its Boeing 747s, seeks to sell fleet plus 24 other jets

Nov. 05, 2020
2 min read
Thai Airways Boeing 747-400 about to complete a domestic
Thai Airways latest to retire its Boeing 747s, seeks to sell fleet plus 24 other jets
The cards we feature here are from partners who compensate us when you are approved through our site, and this may impact how or where these products appear. We don’t cover all available credit cards, but our analysis, reviews, and opinions are entirely from our editorial team. Terms apply to the offers listed on this page. Please view our advertising policy and product review methodology for more information.

Thai Airways wants to sell all of its Boeing 747s and many of its 777s as it moves forward with a court-approved restructuring plan amid the coronavirus pandemic.

The Bangkok-based carrier is selling all 10 of its 747-400s, with statements of interest due by Nov. 13. Thai Airways also plans to sell 12 of its 32 777s plus one Airbus A300, nine Airbus A340s and two Boeing 737-400s. The A300, A340s and 737s were already parked prior to the pandemic.

With the sale of its 747s — known by AvGeeks as the "Queen of the Sky" — Thai Airways will join the likes of British Airways and Qantas Airways in retiring the venerable Boeing wide-body because of COVID. British Airways flew its final 747 off to retirement in Wales in October while Qantas sent its 747s off with a literal flying kangaroo in July.

Want more airline-specific news? Sign up for TPG's free new biweekly Aviation newsletter!

The 747 disappeared from U.S. passenger fleets in 2017. Its final two operators, Delta Air Lines and United Airlines, both sent off the jets with their own flair — the former doing an employee tour and the latter a final flight reenacting its inaugural 747 flight to Hawaii.

Few airlines are likely to fly the 747 on passenger flights after the crisis. Air China, Korean Air and Lufthansa are among the handful of remaining operators. The airlines are also the only passenger carriers with the newest variant, the 747-8i.

Daily Newsletter
Reward your inbox with the TPG Daily newsletter
Join over 700,000 readers for breaking news, in-depth guides and exclusive deals from TPG’s experts

Thai Airways has not flown a 747 on a scheduled passenger flight since March, according to Cirium schedules. Even then, the airline was primarily flying the jet on turns between its Bangkok (BKK) base and the holiday island of Phuket (HKT).

A Thai court approved a restructuring plan for the airline in September. The airline plans to shrink its operations and workforce, and streamline its fleet that included everything from Airbus A380s to 747s and Boeing 787s at the end of 2019.

Related: Boeing is ending production of the 747

Featured image by LightRocket via Getty Images

TPG featured card

4 / 5
Go to review
Rewards rate
1XChoose to earn up to 1X points on rent and mortgage payments with no transaction fee
2XEarn 2X points + the option to earn 4% back in Bilt Cash on everyday purchases
Intro offer
Open Intro bonus
50,000 Bilt Points + Gold Status + $300 of Bilt Cash
Annual fee
$495
Regular APR
26.74 - 34.74% variable
Recommended credit
Open Credit score description
Good Credit, Excellent Credit

Pros

  • Choice to earn up to 1 Bilt Point per dollar spent on rent and mortgage payments
  • Elevated everyday earnings with both Bilt Points and the option to earn Bilt Cash
  • $400 Bilt Travel Portal hotel credit per year (up to $200 biannually)
  • $200 Bilt Cash annually
  • Priority Pass membership
  • No foreign transaction fees

Cons

  • Moderate annual fee
  • Designed primarily for members seeking a premium, all-in-one card
  • Earn points on housing with no transaction fee
  • Choose to earn 4% back in Bilt Cash on everyday spend. Use Bilt Cash to unlock point earnings on rent and mortgage payments with no transaction fee, up to 1X.
  • 2X points on everyday spend
  • $400 Bilt Travel Hotel credit. Applied twice a year, as $200 statement credits, for qualifying Bilt Travel Portal hotel bookings.
  • $200 Bilt Cash (awarded annually). At the end of each calendar year, any Bilt Cash balance over $100 will expire.
  • Welcome bonus (subject to approval): 50,000 Bilt Points + Gold Status after spending $4,000 on everyday purchases in the first 90 days + $300 of Bilt Cash.
  • Priority Pass ($469/year value). See Guide to Benefits.
  • Bilt Point redemptions include airlines, hotels, future rent and mortgage payments, Lyft rides, statement credits, student loan balances, a down payment on a home, and more.