The Civil Aviation Training Centre is seeking to sell its light training jet to recover its investment in a failed pilot training project with Thai Airways International. CATC chairman Chukiat Prateepasen said the organisation was looking for a buyer for its Beechjet 400A, which it bought some years ago together with THAI for the jet familiarisation project.
THAI's refusal to send its pilots for training at the centre is being blamed for the project's failure.
The jet familiarisation project has generated a debt of 243 million baht, which the CATC can settle only by selling the aircraft, Pol Maj Gen Chukiat said.
The problem is the market for aircraft is depressed, so the centre is in no hurry to sell.
The Office of the Attorney-General (OAG) has ruled that THAI must pay the CATC 128 million baht in damages for abandoning the training programme.
Acting THAI president Narongsak Sangapong acknowledged the ruling for THAI to pay damages of 128 million baht. If the CATC sold the aircraft, THAI would make up the difference, he said.