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Nearly 6,000 THAI staff to be laid off


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Nearly 6,000 THAI staff to be laid off

By The Nation

 

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Thai Airways (THAI) will have to dismiss more than 6,000 employees after entering a bankruptcy procedure and a debt moratorium of Bt200 billion, the government said on Thursday.

 

The Cabinet decided to push THAI into a bankruptcy procedure under the Bankruptcy Act BE2483 (AD1940) and ordered the Ministry of Finance to sell its majority stake in the airline.

 

THAI will stop repaying all debt and start from scratch, the government said. According to the size of its debt, 30 per cent of its over 20,000 employees, or over 6,000 people, will have to be dismissed. They will receive a 10-month compensation as per the labour law.

 

The rehabilitation of the airline has to be approved by the creditors and it is likely to take at least one year, sources said.

 

Source: https://www.nationthailand.com/business/30388241

 

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-- © Copyright The Nation Thailand 2020-05-21
 
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Typo.   Should read :   Thai will stop repaying all debt and start accumulating more from scratch.   New Thai Airway will rise like a Phoenix from the ashes but will ulti

Never liked the cabin crew, very condescending, especially to Thais. Most got their job through some kind of nepotism or cronyism and find it hard to wait on others, especially below them on the hiera

sad to see Thai airways headed that way. it is a good airline.

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1 minute ago, Grumpy John said:

OK,  6000 people is a substantial chunk of the workforce...but is that going to be across the board or just some of the workers at the bottom? 

Lots of their cabin crew look like they must have been working there 20-30 years. Unlike Air Asia, beautiful young ladies!

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39 minutes ago, ezzra said:

Hopefully some of them will of the indifferent, aloof and oh' not so young anymore cabin crew... and why on earth are they always lugging these huge suitcases even on a single overnight trip i could never understand...

somebody just posted about goods being smuggled into the country by the staff. how far that is true no  one knows for sure, other than the staff involved, of course.

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2 minutes ago, sahibji said:

somebody just posted about goods being smuggled into the country by the staff. how far that is true no  one knows for sure, other than the staff involved, of course.

So what's your guess?

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1 hour ago, webfact said:

The Cabinet decided to push THAI into a bankruptcy procedure under the Bankruptcy Act BE2483 (AD1940)

A move which will no doubt ensure that those of us booked on THAI flights which have subsequently been cancelled (like mine to Paris in the early hours tomorrow) can now kiss goodbye to any chance of refunds, ticket validity extensions, vouchers, etc. 😡

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41 minutes ago, ThailandRyan said:

It was so they could shop for goods overseas and bring them back here to sell and make a profit.  Secondary income.  Do you not remember the 3 female attendants who were nailed by customs not that long ago....

We always order a lot from them, and so do all our friends...we will miss it.

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37 minutes ago, Andrew65 said:

Lots of their cabin crew look like they must have been working there 20-30 years. Unlike Air Asia, beautiful young ladies!

Working there since 1970.

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41 minutes ago, Grumpy John said:

OK,  6000 people is a substantial chunk of the workforce...but is that going to be across the board or just some of the workers at the bottom? 

There all at the bottom. Take they up high give them parachutes, throw them out. 

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