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THAI insists rehab plan on track


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THAI insists rehab plan on track

By The Nation

 

800_91cdacae0d0ae8d.jpg?v=1610537017

Acting THAI president Chansin Treenuchagron

 

Thai Airways International (THAI) on Wednesday insisted its rehabilitation plan is progressing without interruption under Bankruptcy Court supervision.

 

The announcement came after the court granted THAI’s request to extend the deadline for submission of the plan from January 2 to February 4.

 

Acting THAI president Chansin Treenuchagron explained the rehab plan involved many creditors and complex issues that required consultation from experts and professional advisers before its submission.

 

The court approved the airline’s rehabilitation petition on September 14 last year and appointed seven rehab planners nominated by the airline.

 

Chansin said the planners were making good progress, while THAI management and staff were cooperating towards their efforts.

 

Source: https://www.nationthailand.com/business/30401186

 

 

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-- © Copyright The Nation Thailand 2021-01-14
 
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I used to have a lot of respect for Thai Inter and flew with them when ever i needed, but their lack of sympathy and complete disappearance from the scenes without as much as anyone to man the phones and response to many thousands of queries from their own passengers by just locking up shops and turning off all communication left me with a bitter taste in my my mouth as far as liking or supporting Thai again...

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46 minutes ago, ezzra said:

I used to have a lot of respect for Thai Inter and flew with them when ever i needed, but their lack of sympathy and complete disappearance from the scenes without as much as anyone to man the phones and response to many thousands of queries from their own passengers by just locking up shops and turning off all communication left me with a bitter taste in my my mouth as far as liking or supporting Thai again...

Similar, for about 12 years I flew Bkk to many regional cities, 2 to 4 times a week, mostly day trips, progressively their booking and check-in service went downhill, and their cabin service became disgraceful and often just rude. One example, my 18 yo old son on holidays flew with me Bkk to Jakarta business class. His ticket (paid by me) was the most expensive ticket class because his ticket had to match mine with total flexibility to continuously change flight/ dates etc.  After dinner all finished and cabin all quiet my son asked for a glass of Coca Cola. Hostess didn't stop just just kept walking and yelled back at him 'go and ask in economy class'. Several registered letters to TG, no reply ever. At that time my consulting company was conducting an organizational project for TG. I mentioned the incident to a very snr. mngr, his response 'never mind' I'm sure it will be OK next time' and changed the subject.  

Another e.g. evening flight bus. class HK to Bkk, after meal finished a trolley on wheels* with buckets of ice, glasses, beer spirits placed at the front of Bus cabin then an announcement, 'TG now have a new policy, after dinner in Bus class all drinks are self service'. Passengers pressed the service button, no response; old Thai lady went to the galley and staff refused to let her get past the curtain but eventually she got a view of the activity - they were have a birthday party. (*trolley with wheels left unattended breaking operational rules.)

 

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3 hours ago, RichardColeman said:

I wouldn't have allowed an extension until I had seen what they had been doing for the last 4 months first

Losing billions more every month.

 

The debt must be close to THB400billion now surely?

 

Put a fork in it, it's done.

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While all sort of LCC (low cost carriers) are flying in and out of Bangkok's two airports I even found a Vietnamese-owned (Thai operated) LCC; Thaivietjet.

Their aircraft are registered in Thailand, the crew is Thai but the plane was initially flown in Vietnam and the head office of this carrier is in Hanoi. 
 

Unclear to me is; the national carrier is sitting like a dead duck for almost a year on the ground (see photo taken at Suvannaphum 4 January 2021) while all those LCCs, Thai- and foreign owned, operate a skeleton of a timetable which brings in some cash and keeps their crews flying. Latter is important for particularly the cockpit crew to keep their international licenses to fly - they need a minimum of flying hours per month/year and this is more than questionable. 

I assume that, when time is right, the airline is declared bankrupt "due to Covid", the assets are brought into a new company structure at bargain prices and all those culprits who brought this once wonderful airline do its knees ...... walk. Thai Airways was like a 7/11 without a cashier at the exit and that broke the airline's back - nothing else. Hence now it is "cover up" and ensure, that all those corrupt thieves are getting away - me thinks!

 

210104 BKK airport TG fleet 1.jpg

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59 minutes ago, soi3eddie said:

 

Surprised to see no mention of how much cash they generated when they sold the 34 auctioned planes?

 

 

Not sure they've actually sold any.

 

And the current shelf has 42 items for sale.

 

https://www.ch-aviation.com/portal/news/98373-thai-airways-puts-more-aircraft-up-for-sale-including-a380s

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