snoop1130 Posted February 26, 2020 Share Posted February 26, 2020 Thai Airways executives take pay cut because of coronavirus FILE PHOTO: Thai Airways aircraft are parked on the tarmac at Bangkok's Suvarnabhumi International Airport March 27, 2015. REUTERS/Athit Perawongmetha BANGKOK (Reuters) - Thailand's national carrier announced salary cuts for management and other airlines lowered targets as travel slowed from the coronavirus outbreak and the number of cases in the country reached 40 on Wednesday. Thai Airways Pcl <THAI.BK> said senior management voluntarily reduced their salaries by 15% to 25% for six months beginning March in a bid to cut expenses amid reduction of passenger travel. "Thai Airways has implemented measures such as reduction of operational expenses and delayed unnecessary investments," said the airline president, Sumeth Damrongchaitham. Senior management, including the president and vice presidents, would also reduce their transport allowances by 20% to 30%. Thai health officials urged the public to refrain from travelling abroad and asked airlines to tone down promotions after two more patients tested positive for the virus following a trip to Japan, bringing the total number of cases in the country to 40. "Even though tickets are cheap, it could be your last holiday," Health Minister Anutin Charnvirakul told reporters. Last week, the Thai Airways reduced flights to major cities including those in China, Japan and South Korea. Asia Aviation Pcl <AAV.BK>, the joint owner of the low-cost carrier Thai AirAsia, revised its target for 2020 to 20.5 million passengers, lower than the 22.15 million passengers it carried in 2019. -- © Copyright Reuters 2020-02-26 Follow Thaivisa on LINE for breaking Thailand news and visa info Link to comment Share on other sites More sharing options...
Popular Post DrTuner Posted February 26, 2020 Popular Post Share Posted February 26, 2020 Are they going to be setting up GoFundMe pages to cover for their losses? When in Rome.. 9 Link to comment Share on other sites More sharing options...
Popular Post Chelseafan Posted February 26, 2020 Popular Post Share Posted February 26, 2020 Wow, not many people can afford to take a 25% discount of their wage for 6 months, maybe they're earning far too much... 1 4 Link to comment Share on other sites More sharing options...
Popular Post 30la Posted February 27, 2020 Popular Post Share Posted February 27, 2020 13 hours ago, snoop1130 said: Thai Airways executives take pay cut because of coronavirus This would be the right explanation ... Thai Airways executives take pay cut because of their incompetence! 4 Link to comment Share on other sites More sharing options...
Fex Bluse Posted February 27, 2020 Share Posted February 27, 2020 So convenient for them that they can save face by blaming everything on the virus. 1 Link to comment Share on other sites More sharing options...
geoff65 Posted February 27, 2020 Share Posted February 27, 2020 No wonder when the airways are trying to give away free domestic flights to foreigners. https://www.bangkokpost.com/business/1865039/airlines-scramble-to-slash-ticket-prices Link to comment Share on other sites More sharing options...
whiteman Posted February 27, 2020 Share Posted February 27, 2020 Sack the lot of the old farts and put new young blood in also they should stop all ex employees getting free air travel for life what a rip off 1 Link to comment Share on other sites More sharing options...
ChipButty Posted February 27, 2020 Share Posted February 27, 2020 9 minutes ago, whiteman said: stop all ex employees getting free air travel for life what a rip off Employees and the extended families Link to comment Share on other sites More sharing options...
ChipButty Posted February 27, 2020 Share Posted February 27, 2020 This is to soften the blow when they ask the staff to take a 10% pay cut 1 Link to comment Share on other sites More sharing options...
leeneeds Posted February 27, 2020 Share Posted February 27, 2020 15-25 percent pay cut, yet other airlines are just reducing business class flights by 40 percent to entice would be travellers, the difference in management thinking is very clear, Link to comment Share on other sites More sharing options...
Chelseafan Posted February 27, 2020 Share Posted February 27, 2020 33 minutes ago, whiteman said: Sack the lot of the old farts and put new young blood in also they should stop all ex employees getting free air travel for life what a rip off More of the same ? Hell no. As I said before they need someone who knows what they are doing, someone like Emirates Tim Clark, he pretty much built the airline from scratch. Link to comment Share on other sites More sharing options...
cracker1 Posted February 27, 2020 Share Posted February 27, 2020 Promotions from Thai Airways Web-page today. I suggest Management need more than a pay cut ? FLIGHTS FROM BANGKOK TO OSAKA FLIGHTS FROM BANGKOK TO SEOUL FLIGHTS FROM BANGKOK TO TAIPEI FLIGHTS FROM BANGKOK TO HANEDA FLIGHTS FROM BANGKOK TO SAPPORO FLIGHTS FROM BANGKOK TO GUANGZH Link to comment Share on other sites More sharing options...
Scot123 Posted February 27, 2020 Share Posted February 27, 2020 This can't be right TAT just told every one Tourisum is up on last year..... And some still believe figures produced by this government.... Phew. 1 Link to comment Share on other sites More sharing options...
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