Thread: Thai Air New Pres Laments; Airline Besieged by," Political Interference and Nepotism"

Yep, he's got little chance. I really hope we are wrong though and he can sort it out.

Originally Posted by Smug Farang Bore

^ 300 000 grand a month, I know bar girls in soi 33 that earn that.

right its a joke, peanuts in fact, I personally know a guy who is getting as much as that working as a PR manager for one of the Thai banks, not any of the big 3 either.

I wouldn,t get outta bed for 300,000bht a month not worth my while!!!!

Originally Posted by Muadib

All I know is that Thai Air is the cheapest alternative for me LAX to BKK.

China Air has the best deals, usually. Though there's a stop in Taipei.

I really do wish him the best of luck, and hope we are wrong about his chances for success. He seems like a driven capable man, must be frustrating for him dealing with the cronies.

Must be impossible! I can't see how he can do it.

Thai saves 10.3bn baht on non-fuel expenses
By Ghim-Lay Yeo

Thai Airways International has saved 10.3 billion Thai baht ($310 million) on non-fuel expenses in the first three quarters of this year, as the airline works to reduce its debt.

It expects to achieve 11.84 billion Thai baht in savings, or a 15% reduction in costs, in the whole of 2009, says the carrier.

"Cost reductions resulted from cutting unnecessary expenses as well as revising work processes to increase productivity and efficiency," adds the airline.

The cuts were in areas like personnel-related expenses, flight crew and cabin crew costs, marketing, sales, advertising, leases on aircraft, engines and spare parts.

For example, overtime was reduced by 48% from a year ago, and flight operational expenses were cut by 67%.

The Star Alliance carrier, which has a 160 billion Thai baht debt, says it will continue to implement the cost cutting measures.

Thai appointed a new president in June and embarked on a four-year plan to turn the airline around.

flightglobal.com

they didn't lower their prices though

^

160 billion Thai baht debt

what's that cost to service ?

Actually, the big guy earns about B900,000 per month. Will try to find the link instead of trusting my memory.

Originally Posted by Mid

The Star Alliance carrier, which has a 160 billion Thai baht debt, says it will continue to implement the cost cutting measures.

Wow, it's in almost as much debt as the Skytrain!

Originally Posted by Butterfly

they are 30% more expensive than other airlines, and yet still manage to lose money

the looting inside that company must be huge,

Quite a tragedy, really. The once premium carrier fallen into the demon's workshop. Scroundrels, the lot of 'em. The real inquiry should be how they expect to work in the black when very few could even afford the unnecessary pricing guidelines. Outside of all the graft, one has to wonder if they would be able to compete without the government subsidies - all major {and minor} airlines are dependent on some sort of government underwritting of one nature or another.