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THAI flights put on hold until July

THAI flights put on hold until July

THAILAND: Thai Airways International (THAI) has decided to halt flights by the airline for another month and maintain salary cuts put in place after the COVID-19 outbreak, according to a THAI source.

By Bangkok Post

Saturday 30 May 2020, 08:23AM

THAI had been expected to resume flights from June 1 but yesterday’s (May 29) board meeting grounded the fleet for another month. Photo: Bangkok Post

THAI had been expected to resume flights from June 1 but yesterday’s (May 29) board meeting grounded the fleet for another month. Photo: Bangkok Post

The source said the decision was reached after some new board members met for the first time yesterday (May 29) to keep the national carrier on track for its debt-rehabilitation plan.

Board members agreed commercial flights should be grounded until the end of June, the source said.

Earlier, THAI had been expected to resume flights from June 1. THAI announced the suspension of all international flights and closed its overseas branches in late March when the spread of the coronavirus was intensifying.

Since March, all 20,000 THAI staff have had their salaries cut by 10-50%, and this will continue.

The source said the board is also discussing unsubstantiated reports of the 60-year-old airline having problems with purchasing fuel or even drinking water from suppliers.

Another rumour had it that state energy firm PTT Plc had stopped supplying oil to THAI’s ground services at Suvarnabhumi airport.

The new board yesterday ordered an investigation to verify if the reports were true.

“We’re looking into these matters to take urgent action,” new board member and former justice minister Pirapan Salirathavibhaga reportedly said ahead of the board meeting yesterday.

Nares Phuangyaem, former president of THAI’s labour union, said THAI’s ground operations would soon be affected.

“The remaining oil is only enough for three days’ use,” Mr Nares warned.

He said THAI’s debt-rehabilitation petition filed with the Central Bankruptcy Court had caused a “lockdown” on financial transactions that may have undermined arrangements with PTT.

The new board members have come under the spotlight as four newcomers and two incumbent members will reportedly be nominated as rehabilitation planners.

Besides Mr Pirapan, they are; Piyasvasti Amranand, a former THAI president, Boontuck Wungcharoen, a former CEO of TMB Bank, and Pailin Chuchottaworn, former CEO and president of PTT Plc, were appointed to the top posts.

Two other board members are THAI acting president Chakkrit Parapuntakul and airline chairman ACM Chaiyapruk Didyasarin.

However, Mr Pailin later resigned, citing a violation of an anti-graft regulations which bars anyone assuming a position in any organisation in which the government holds a stake within two years of leaving a cabinet minister post.

He served as deputy transport minister from December 2017 until last year.

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Kurt | 07 June 2020 - 11:04:51

It becomes quiet around THAI. Just a bit 'rehabilitation plan' papers shuffling between many admin bodies. Sure THAI realise now that not be able to pay landing/take off, refuelling, food intake at foreign airports the risk of wheel clamping THAI aircrafts is there. It happen before at Munich airport. Plus anyone foreign who gets money from THAI can get abroad a wheel camp court order

LALALA | 31 May 2020 - 17:56:42

ematt....its called common sense

LALALA | 31 May 2020 - 17:39:12

Hermann1.... because they do not want that a foreigner gets knowledge about the money flow...as simple as that 

ematt | 31 May 2020 - 17:28:58

Wow! The expert in hydrology, virology, disease epidemiology, road safety, and criminology is also an authority on aviation business management! Who knew?? 

Hermann1 | 31 May 2020 - 16:52:27

Why Thai Airways not hiring foreign experts. Other struggling airlines like Malaysia Airlines did the same.Why they are afraid ? They think without a proper managment it will work ? Its like "Dreaming of white X-Mas"in Thailand. Hehehe

DeKaaskopp | 31 May 2020 - 16:08:21

Kurt,at least you should get the facts right.Mr.Pailin did not try to get in illegal as you say.He was appointed. All written in the article !And as long as they do not appoint foreign experts you won't stop your constant criticism anyway.

Kurt | 31 May 2020 - 10:40:50

Good advice:   Lay off now 5000 staff, may be more later. Trim the THAI fleet in number of operational aircrafts and end with just 2 types of aircrafts only. That is a 'start' during this non operational time.That starts saving and showing good will to investors.

Kurt | 31 May 2020 - 10:26:16

@kaaskopp, read who are the new board members ( hope in anxious days) and that one ex minister who tried to get in illegal, but was blocked in time. Chew on their 'professional' airline management skills,.and.. start laughing.

DeKaaskopp | 30 May 2020 - 19:23:35

Time for the new board to contact the  expert on everything below. If they really want a change and a profitable airline they should not ignore him any longer.

Kurt | 30 May 2020 - 15:38:16

 3 More days of fuel for THAI. THAI face saved by Covid-19 virus excuse. That they believe themselves until 01 July. Until end of 20202 only Board talks + paper work. Nothing substantial will be done. By October gone 50 billion taxpayers money. Up to the promised waiting next 80! So far no new management with knowledge of air industry. Just a reshuffle in the old boys network.

Kurt | 30 May 2020 - 10:44:15

To call a plain bankruptcy phase a 'debt-rehabilitation phase' reads nice, but local and foreign providers now want money at delivery ( fuel, water, meals, foreign airports services/charges). No departure from foreign airports before the bill has been paid or a bank guarantee has been given and checked. Guess soon captains have to take of to foreign airports with a bag of cash money


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