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harrybarracuda · 19-11-2009, 01:26 PM

Bt300,000 a month for CEO of a national carrier is jack shit. He should be on USD1,000,000 a year at least!

Shows the job is worthless if they'd rather pocket the cash than hire (and support) a decent manager. Typical Thais. Bleed it till it's dead and then complain about how badly it was run when their backhanders run out!

Smug Farang Bore · 19-11-2009, 05:16 PM

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

EmperorTud · 19-11-2009, 05:27 PM

I'm too scared to fly Thai in case I get arrested on arrival in Thailand for lèse majesté for reading while others are asleep.

corvettelover · 19-11-2009, 05:44 PM

appears he knows where some of the problems are cant see it happening honesty is not a thais trait sadly

Bettyboo · 19-11-2009, 05:56 PM

Seems like a manager trying to manage; made reasonable comments to.

Problem is that he heas now made others lose face, and nobody will help him to run the company; decent people like this are much needed, but they're on a hidding to nothing.

Good luck to him, wish him well, can't see him lasting 3 months before he walks out (to the joy of the rest of the senior management team, who will bleed the company til it's dead) - impossible task.

StrontiumDog · 20-11-2009, 11:56 AM

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

peterpan · 20-11-2009, 12:28 PM

Quote:

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.

thehighlander959 · 20-11-2009, 12:49 PM

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

Agent_Smith · 20-11-2009, 01:10 PM

Quote:

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.

BobR · 20-11-2009, 01:53 PM

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.

StrontiumDog · 20-11-2009, 02:18 PM

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

Mid · 23-11-2009, 02:04 PM

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

Butterfly · 23-11-2009, 02:09 PM

they didn't lower their prices though

Mid · 23-11-2009, 02:16 PM

^

160 billion Thai baht debt

what's that cost to service ?

hillbilly · 23-11-2009, 02:56 PM

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

EmperorTud · 23-11-2009, 04:38 PM

Quote:

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!

Rural Surin · 23-11-2009, 05:35 PM

Quote:

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.

23-11-2009, 02:04 PM	#32 (permalink)
Mid Nautical Member Join Date: Aug 2007 Posts: 15,799	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 __________________ "Keeping quiet while monks and other peaceful protesters are murdered and jailed is not evidence of constructive engagement." - Arvind Ganesan, Human Rights Watch. "I think...I think it's in my basement. Let me go upstairs and check" - M.C. Escher

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19-11-2009, 01:26 PM	#21 (permalink)
harrybarracuda Kamphaeng Phet Last Online: Today 02:22 PM Join Date: Sep 2009 Posts: 334	Bt300,000 a month for CEO of a national carrier is jack shit. He should be on USD1,000,000 a year at least! Shows the job is worthless if they'd rather pocket the cash than hire (and support) a decent manager. Typical Thais. Bleed it till it's dead and then complain about how badly it was run when their backhanders run out!

19-11-2009, 05:16 PM	#22 (permalink)
Smug Farang Bore Yala Last Online: 18-03-2010 11:33 PM Join Date: Aug 2009 Posts: 697	^ 300 000 grand a month, I know bar girls in soi 33 that earn that.

19-11-2009, 05:27 PM	#23 (permalink)
EmperorTud សុខសប្បាយ Last Online: 11-12-2009 10:23 PM Join Date: Oct 2007 Location: 75 clicks above the Do Lung bridge Posts: 6,694	I'm too scared to fly Thai in case I get arrested on arrival in Thailand for lèse majesté for reading while others are asleep.

19-11-2009, 05:44 PM	#24 (permalink)
corvettelover Yala Last Online: Yesterday 04:50 AM Join Date: Feb 2007 Location: Cairns Posts: 695	appears he knows where some of the problems are cant see it happening honesty is not a thais trait sadly

19-11-2009, 05:56 PM	#25 (permalink)
Bettyboo Bang Tao Beach Last Online: 19-11-2009 06:10 PM Join Date: Nov 2009 Posts: 14	Seems like a manager trying to manage; made reasonable comments to. Problem is that he heas now made others lose face, and nobody will help him to run the company; decent people like this are much needed, but they're on a hidding to nothing. Good luck to him, wish him well, can't see him lasting 3 months before he walks out (to the joy of the rest of the senior management team, who will bleed the company til it's dead) - impossible task.

20-11-2009, 11:56 AM	#26 (permalink)
StrontiumDog Thailand Forum Join Date: Jul 2009 Posts: 4,621	Yep, he's got little chance. I really hope we are wrong though and he can sort it out.

20-11-2009, 12:49 PM	#28 (permalink)
thehighlander959 Yao Last Online: Today 12:28 PM Join Date: Feb 2008 Posts: 855	I wouldn,t get outta bed for 300,000bht a month not worth my while!!!!

20-11-2009, 01:53 PM	#30 (permalink)
BobR Thailand Expat Last Online: Today 03:36 PM Join Date: Jan 2009 Posts: 1,041	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.

20-11-2009, 02:18 PM	#31 (permalink)
StrontiumDog Thailand Forum Join Date: Jul 2009 Posts: 4,621	Must be impossible! I can't see how he can do it.

23-11-2009, 02:09 PM	#33 (permalink)
Butterfly Suspended Member Join Date: Mar 2006 Posts: 19,354	they didn't lower their prices though

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)

23-11-2009, 02:16 PM	#34 (permalink)
Mid Nautical Member Join Date: Aug 2007 Posts: 15,799	^ 160 billion Thai baht debt what's that cost to service ?

23-11-2009, 02:56 PM	#35 (permalink)
hillbilly Still trailer trash Last Online: Today 03:23 PM Join Date: Jun 2005 Location: BKK & 'D&G Resort' Posts: 6,619	Actually, the big guy earns about B900,000 per month. Will try to find the link instead of trusting my memory.