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Thailand’s Nok Air to retire Q400s, upgrade to jets
April 21st 2023
Nok Air will retire four Q400 turboprops and add six narrow-body jets to its fleet, The Bangkok Post reports quoting Nok CEO, Wutthiphum Jurangkool. Read More » “Passenger demand is quite strong, but it depends on how fast we can increase the jet fleet to cater to that growth,” he said. In July 2020, Thailand's Central Bankruptcy Court approved Nok Air’s business rehabilitation plan. The work is still ongoing, Wutthiphum said. There is no guarantee it will be completed by the five-year deadline, the newspaper reported. “Regarding the pace of rehabilitation, fuel costs remain higher than in 2019 and the exchange rate and aircraft restoration must be factored in,” the CEO said.
