Amedeo reports THAI default on lease payments

In its annual report, leasing entity Amedeo Air Four Plus which has a portfolio of twelve aircraft, six Airbus A380-800 and two Boeing 777-300ER leased to Emirates and four Airbus A350-900 leased to Thai Airways International, disclosed that Thai has failed to pay any lease payments since 22 May 2020. In March, Thai had written to the lessor to request support for the continued lease of four A350s. Although an agreement for the partial deferral of lease payments was negotiated for a six month period commencing in April 2020 the appropriate signatures on the documents were not received from the