Cover photo Credit: Bangkok post
The auction of a seized PC Air, Airbus A310-222 was called off after it failed to attract potential bidders at Don Mueang airport in Thailand.
According to local paper ‘Bangkok post’, the Law firm Watson Farley and Williams Thailand had seized the Airbus, which flew as PC Air, at the Don Mueang airport on Jan 13 last year. The aviation broker and services company lost a civil case to the law firm in 2014 and had no other assets for repayment other than the aircraft.
Law firm appraised the plane at 30million Bhat ($904704) but failed to attract any bitters. Since no bidders showed up, the auction was called off and rescheduled for Sept 27, with the reserve price reduced by 10% to 27 million baht.
The low firm says that the buyer must also pay the plane’s daily parking fee of 10,700 baht that has accumulated to 4.2 million baht today.
PC Air was launched in 2010 and operated only one aircraft that attracted a blaze of publicity as the first airline in Thailand to hire transgender flight attendants. It ceased operations after the plane was impounded at South Korea’s Incheon airport in January 2012, leaving its passengers without alternative transport.