Without A Buyer, Thai Air's A340 Fleet Will Stay Grounded

  • Airline says urgent action needed to spur ticket demand
  • Carrier has hedged 40% of 2016 fuel needs at `not bad' price

Thai Airways aircraft stand at Bangkok's Suvarnabhumi international aiport.

Photographer: Christophe Archambault/AFP via Getty Images

Thai Airways International Pcl will continue to ground 10 Airbus A340s it hasn’t been able to sell because flying the four-engine planes isn’t worth it, even after fuel prices plunged more than 40 percent in the past year.

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