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THAI chairman resigns, hands mantle to vice chairman

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3 hours ago, PatOngo said:

Come on Ek, give us a hint, what was your severance package? :thumbsup::jap:

 

39 minutes ago, klauskunkel said:

An Air Chief Marshal takes over..., makes sense. :giggle:

 

2 minutes ago, Misterwhisper said:

What did you expect, Colin? Thais are notorious for fleeing the scene whenever they are incapable of dealing with a situation. It's the easy way out, but not the way out for a person with backbone, integrity and a sense of responsibility. Besides, I am sure Mr. Ekniti got his plentiful fill at the trough. So why stay on?

The bloke is the head of the State Enterprise Policy Office at the Ministry of Finance. As the MOF is the majority shareholder its pretty normal that they appoint board members. If he quits the board too, then the MOF will appoint another board member, as is their right.

 

Him stepping down is the usually musical chairs which happens after an election, where the new political master wants his guys and girls in on the boards of SOE's.

 

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4 hours ago, rooster59 said:

The company’s vice chairman, Air Chief Marshal Chaiyapruk Didyasarin, has assumed the duties of the chairman

Yeah right.

He's going to sort out all the problems pronto.

Like he studied business and management degrees at university.

No, wait....

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In the last 13 years i have seen them come and seen them go; all as useless as the one that went before them but of course they all continued to get rich while there and left when they had pocketed enough.   Nobody who works for Thai Airways cares about the company, only what they get out of it for themselves !

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2 hours ago, chainarong said:

Ya hit the nail on the head, what would a Air Marshall be doing running a domestic Airline.

At the very least he should know which is the sharp end and which is the blunt end of an aeroplane.

  • Haha 2

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7 hours ago, Fex Bluse said:

THAI-tanic

 

Let's see if many more follow. 

At least Eddie John Smith went down with his ship. 🙄

  • Haha 1

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Remember what Mario Dragi said when the Euro was in existential crisis? ECB will do ‘whatever it takes’ to sustain the eurozone (ie. use taxpayers money ad infinitum to help greece and portugal). Same here. Thai airways can not go bankrupt. It is the pride of thailand.

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The military (retired or not as once one of them always one of them) has no right or business in the airline sector or the government. 

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5 hours ago, Oziex1 said:

In recent times many airlines have been on the edge of collapse, however with effort and often a new CEO with a record of bringing an ailing  company back from the brink. It can be done, question is are the Thais prepared to turn it into a functioning business or keep it as a money wasting taxi service for the Thai privileged class.

Yes the Qantas new CEO came in swinging an axe and fired and trimmed and cut costs and he was not popular even amongst the public but got the job done

 

"the Qantas Group has achieved an Underlying Profit Before Tax of $1.30 billion and a Statutory Profit Before tax of $1.27 billion for the Financial Year 2019"

 

Thai should poach this CEO but the elite wont want to give up their seats

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He was asked to step down. Now the way is free to buy 38 new planes with taxpayers money. And a fair (or unfair) share will be handed to the VIP's involved in the deal.

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