Airbus has pulled out of a joint venture (JV) with Thai Airways, the country’s national airline, to provide maintenance, repair, and overhaul (MRO) services at a civil-military airport near the country’s eastern seaboard.
Speaking at a press conference on 27 April officials from Thailand’s Eastern Economic Corridor (EEC) office said in comments reported by the state-owned Thai News Agency (TNA) that Airbus’ decision was prompted by the economic impact of Covid-19.
A spokesperson from Airbus told Jane’s , “We are in discussions with our partners in Thailand regarding the most suitable way forward for all parties. The content of discussions with partners and customers alike, remain confidential.”
(Jane's)