Tuesday, August 11, 2020

THAI rehab plan ‘ready in 2-3 weeks’, Survival Team appointed

Jul 10. 2020
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By The Nation

A rehabilitation plan for Thai Airways International (THAI) will be ready in two to three weeks, but it is too early to say whether the carrier will resume international flights in August, the airline’s acting president said on Thursday (July 9).

Chansin Treenuchagron was speaking after talks between THAI management and staff following the appointment of a “Survival Team” to work out a business plan for the ailing carrier.

"Employees still have some concerns, such as welfare. I can assure you that I will help with everything, but we have to wait for the court to finish considering the rehabilitation plan first," said Chansin.

The carrier has filed for debt rehabilitation and must submit its rehab plan at the Bankruptcy Court on August 17. The details of the plan will be announced at a press conference after the Bankruptcy Court rules on whether it will take the case, Chansin added.

He said it was too early to say whether THAI will resume international flights in August, since the airline was still assessing the situation.

Meanwhile, Chansin has ordered the Survival Team to draw up both urgent and short-term business plans covering the period from July 9 to October 31. The team is being led by Chai Eamsiri and consists of Suwattana Sibunruang, Capt Chawan Rattanawaraha and other 18 members of THAI departments.

Chansin has also assigned two new executives to the THAI management team. Soradej Namruangsri is the new executive vice president of operations and director of the Thai Airways Flight Support Centre 904, while Non Klintha becomes acting executive vice president of Corporate

Strategy and Sustainable Development.

THAI employees expressed satisfaction with the appointments of the Survival Team and executives, said Chansin.

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