Thai Airways, which has ambitions to become one of the world's top five airlines, has unveiled plans ahead of the Paris Air Show to acquire a combination of 37 Airbus and Boeing aircraft worth £2.4bn ($3.9bn).
It plans to buy 15 aircraft and lease 22. The planned purchases include six Boeing B777-300ERs, with delivery in 2014 and 2015, four Airbus A350-900s for delivery in 2016 and 2017 and five Airbus A320-200s for delivery in 2014 and 2015.
It plans to lease six B787-8s to be delivered in 2014 and 2015 and two B787-9s for delivery in 2017 from International Lease Finance Corporation with rental terms of 12 years.
It will also obtain, for delivery in 2016 and 2017, six A350-900s from Aviation Lease and Finance Company and two from CIT Aerospace International with rental terms of 12 years.
An additional six A320-200s, with a 12-year term of rental, will be leased from RBS Aerospace Limited for delivery in 2012 and 2013.