It is the first commercial aircraft that the Legal Execution Department has put to auction and the starting price for the A310-222 aircraft was Bt30 million. She said that no one either wished to bid or inspect the asset, prompting the officials to cancel the auction. A second auction is scheduled for September 27, when the starting price will be reduced by 10 per cent to Bt27 million. If no bids are received then, it will be offered again at a starting price of Bt24 million. If subsequent auctions are required, the minimum bid will be Bt21 million for three more rounds.

Source: The Nation Bangkok September 06, 2017 11:26 UTC