Correct. The procedure to fight a thermite fire would be to let it burn.
Once it goes through the floor it will extinguish itself, as the aluminum and hematite will separate.
It will not explode.
Wiping out a wing root can be a problem....
If you like thermite, you will love nano-thermite. "Nanoscale composites are easier to ignite than traditional thermites. A nichrome bridgewire can be used in some cases."