Embattled Thai Airways has put up its entire Boeing 747 and its 777-200/300 fleet up for sale as it aims to raise cash amid a long-drawn business rehabilitation process.

The Star Alliance carrier disclosed on its aircraft trading website that 34 aircraft from its fleet will be put up for sale. Of these, 10 are 747-400's, six are 777-200's and another six are 777-300's.

The other aircraft include six Airbus A340-600's, which the carrier has not operated since 2015, and another three A340-500's, which it flew until 2012. Two 737-400's and one A300-600 round up the list of aircraft on sale. 

Source: flightglobal.com/airlines/thai-puts-34-aircraft-on-sale 

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In a major shake-up of the country’s airline industry, the owner of South Korea’s flag carrier Korean Air has announced a W1.8 trillion ($1.62 billion) takeover bid for embattled rival Asiana Airlines.

Source: flightglobal.com 

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