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Post by FabienA380 on Feb 27, 2014 1:26:19 GMT 1
In summary, I think there are 3 ways Thai can handle this situation. Option 1: Write-off affected aircraft, sell for scrap, parts. Option 2: Use parts from affected aircraft to prolong life of other aircraft that are about to be decommissioned. Option 3: Or repair affected aircraft using parts and engines from aircraft that will be decommissioned soon. Have I missed anything else?  The A330 was in fact retired... www.travelweekly.co.uk/Articles/2014/02/26/47092/thai+airways+confirms+slump+into+the+red.htmlFabien  |
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Baroque
in service - 2 years
Posts: 3,991
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Post by Baroque on Feb 27, 2014 2:02:17 GMT 1
Nice to see it finally confirmed.  |
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philidor
in service - 6 years
Posts: 8,950
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Post by philidor on Feb 27, 2014 11:00:33 GMT 1
Nice to see it finally confirmed. Does "retired" mean "scrapped" or "stored" ? |
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Post by peter on Feb 27, 2014 11:41:22 GMT 1
Does "retired" mean "scrapped" or "stored" ? Written off is a term never used by any airline, but IMO that's what it is. |
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philidor
in service - 6 years
Posts: 8,950
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Post by philidor on Feb 27, 2014 13:57:14 GMT 1
"Written off" would describe the accounting treatment of an entirely destroyed asset : whatever net value the asset was listed as having on the company balance sheet is cancelled.
If the asset was sold, whether to an airline (??) or a scrapper, it would be registered as a sale, the difference with book value being recorded as a profit or loss (scrap value may be higher than book value).
If however they just parked the aircraft temporarily, it is certainly "retired" (from airline service) but not yet disposed of ...
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Baroque
in service - 2 years
Posts: 3,991
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Post by Baroque on Feb 27, 2014 17:19:01 GMT 1
Does "retired" mean "scrapped" or "stored" ? Retired means will not work anymore. Stored is like being laid off and has the potential to come back. Thai was going to send the frame to the scrappers within a year or so. So, I think it is scrapped. |
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