Why are Thai Airways leasing three Boeing 777-300ER aircraft?

Thai Airways is expanding its fleet by three this month despite going through an ongoing debt restructuring process. The airline is within the process of promoting 45 unused jets, yet they are leasing three Boeing 777-300ER plane this month. Two 777-300ERs, adorned with Thai Airways paint jobs, landed at Bangkok’s Suvarnabhumi airport on April 5 and one other is expected to arrive later this month.
Why would Worldwide troubled airline, technically bankrupt, lease three new costly plane when it’s selling off ‘excess’ fleet, apparently not needed?

The aircraft will reportedly first be deployed on the airline’s Bangkok – London route and will later serve other long-haul flights. Thai Airways will pay the lessor a monthly fee that can additional be negotiated to fulfill the company’s financial rehabilitation course of. Costs will be calculated primarily based on how many hours the plane will be used.
Thai Airways already has 16 of the Boeing 777-300ER (Extended Range) plane in its fleet, in addition to a fleet of latest Airbus A350 aircraft that additionally serve the international long-range market with a twin-aisle airplane and 300+ seats.

GRAPH: Thai Airways International fleet – Wikipedia

In 2021, the cash-strapped airline introduced plans to sell 45 planes, leaving them with just 58 aircraft, and minimize nearly a 3rd of its workforce to save cash. Since the Bankruptcy Court permitted the airline’s application for debt restructuring in 2020, the airline has tried to generate cash by opening an aeroplane food cafe, selling outdated plane seats on Facebook stay, promoting in-flight objects on their on-line yard-sale style shop and providing flight simulator classes.
(Perhaps the airline will pay for its new Boeing 777 leases with the 1 million baht it raised from promoting unused aircraft seats in an auction final week??)

The choice to lease three new plane is a puzzling one… The Thaiger isn’t certain the airline actually wants the aircraft. The Bangkok Post reported that the plane will be used “to meet the growing demand for flights” since extra tourists are flying into Thailand after the latest ease in entry requirements. The same article additionally quotes the big number of planes presently being offered, surplus to requirements.
The airline is hardly swamped with clients as total traffic (measured in revenue passenger kilometres) continues to be down 45.5% since February 2019. Also, there are presently loads of parked up Thai Airways jets gathering mud at Suvarnabhumi airport. (The Thaiger estimates the number of parked, unused Thai Airways planes to be round 23-30 this week and does a ‘head count’ of the Thai Airways ‘graveyard’ twice a week.)

Flights into Thailand, as of the first week of April, are 80-90% down when compared with pre-2020 site visitors.
Unless there’s something particular about these new-ish Boeing 777-300ERs being leased?

Well, Thai’s earlier Boeing 777s have featured a enterprise class cabin, however never a firstclass cabin. As nicely as state-of-the-art leisure techniques, the three leased plane are each equipped with eight seats in first class.
The Thaiger wonders who will be sitting in those first-class seats…

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