Lifeline arranged to keep THAI afloat
May 17, 2015, 4:12 am
#181
Join Date: Aug 2007
Posts: 35
May 27, 2015, 9:39 pm
#182
FlyerTalk Evangelist
Original Poster
Join Date: Sep 1999
Posts: 12,375
Management's Q1 2015 ppt.
http://centreforaviation.com/files/a...esentation.pdf
Contains new aircraft plans:
Thai Airways outlined (27-May-2015) plans to take delivery of 19 aircraft by the end 2018:
A320: Thai Smile to receive two in 2015;
A350-900: Two in 2016, five in 2017 and five in 2018;
Boeing 777-300ER: Two in 2015;
787-8: One in 2015;
787-9: Two in 2017.
Also saw that the government, which owns 70% of AoT might sell some of their stake to fund debts in other state enterprises, perhaps including TG?
AoT: No plan for ministry to sell stake
http://www.bangkokpost.com/business/...-to-sell-stake
http://centreforaviation.com/files/a...esentation.pdf
Contains new aircraft plans:
Thai Airways outlined (27-May-2015) plans to take delivery of 19 aircraft by the end 2018:
A320: Thai Smile to receive two in 2015;
A350-900: Two in 2016, five in 2017 and five in 2018;
Boeing 777-300ER: Two in 2015;
787-8: One in 2015;
787-9: Two in 2017.
Also saw that the government, which owns 70% of AoT might sell some of their stake to fund debts in other state enterprises, perhaps including TG?
AoT: No plan for ministry to sell stake
http://www.bangkokpost.com/business/...-to-sell-stake
May 28, 2015, 4:28 pm
#186
Join Date: Jul 2013
Location: BKK
Programs: TG ROP Platinum, M&M Senator, IHG Platinum, Accor Platinum
Posts: 8,324
May 29, 2015, 2:39 pm
#187
Join Date: Feb 2013
Location: LAX & BKK
Posts: 135
May 29, 2015, 4:23 pm
#188
Join Date: Jul 2013
Location: BKK
Programs: TG ROP Platinum, M&M Senator, IHG Platinum, Accor Platinum
Posts: 8,324
Jun 18, 2015, 3:51 am
#189
FlyerTalk Evangelist
Original Poster
Join Date: Sep 1999
Posts: 12,375
THAI board approves early-retirement list, more jet sales
The airline set aside 5.5 billion baht for the voluntary retirement scheme approved by the board in April. An airline source said it had targeted 2,000 out of 25,000 staff members. The golden handshake...
http://www.bangkokpost.com/news/tran...more-jet-sales
The airline set aside 5.5 billion baht for the voluntary retirement scheme approved by the board in April. An airline source said it had targeted 2,000 out of 25,000 staff members. The golden handshake...
http://www.bangkokpost.com/news/tran...more-jet-sales
Jun 18, 2015, 4:20 am
#190
FlyerTalk Evangelist
Join Date: Jul 2006
Location: Hong Kong, France
Programs: FB , BA Gold
Posts: 15,556
THAI board approves early-retirement list, more jet sales
The airline set aside 5.5 billion baht for the voluntary retirement scheme approved by the board in April. An airline source said it had targeted 2,000 out of 25,000 staff members. The golden handshake...
http://www.bangkokpost.com/news/tran...more-jet-sales
The airline set aside 5.5 billion baht for the voluntary retirement scheme approved by the board in April. An airline source said it had targeted 2,000 out of 25,000 staff members. The golden handshake...
http://www.bangkokpost.com/news/tran...more-jet-sales
But the early retirement plan mentions only 8% (2,000 out of 25,000).
Employees' productivity is not going to improve much! And TG is already an airline with the largest number of employyes per plane.
Jun 18, 2015, 5:46 am
#191
FlyerTalk Evangelist
Join Date: Jun 2000
Location: Sunny SYDNEY!
Programs: UA Million Miler. (1.9M) Virgin Platinum. HH Diamond + SPG Gold
Posts: 32,330
If United offered good packages to all FAs over 45 they'd have no staff. 
Sounds like the 747s are all headed out the door?
Sounds like the 747s are all headed out the door?
Jun 18, 2015, 7:41 am
#192
FlyerTalk Evangelist
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Join Date: Sep 1999
Posts: 12,375
Agreed. The (TG) packages are quite generous if I recall the details...3+ years salary, medical for life (for the whole family) and free travel (subject to some limitations and space) for life, pension credit, access to gov't loans.
Jun 18, 2015, 9:55 am
#193
Join Date: Jul 2013
Location: BKK
Programs: TG ROP Platinum, M&M Senator, IHG Platinum, Accor Platinum
Posts: 8,324
where do you have this from? I can not believe it! This would be incredible high!
Jul 22, 2015, 4:34 am
#194
Join Date: Jul 2009
Location: VZ
Programs: M&M, ROP, KrisFlyer
Posts: 1,028
THAI forming ad-hoc teams to boost business
The Nation July 22, 2015 1:00 am
Thai Airways International is developing plans to boost business during a period of global economic instability and to compensate for reduced activity in the current low season.
http://www.nationmultimedia.com/busi...-30264919.html
and more:
besides MAD, also LAX and ROM may be terminated still within this year, while MIL is still "under observation" and thanks to Expo still given another chance to survive.....
The Nation July 22, 2015 1:00 am
Thai Airways International is developing plans to boost business during a period of global economic instability and to compensate for reduced activity in the current low season.
http://www.nationmultimedia.com/busi...-30264919.html
and more:
besides MAD, also LAX and ROM may be terminated still within this year, while MIL is still "under observation" and thanks to Expo still given another chance to survive.....
Jul 22, 2015, 6:56 pm
#195
Join Date: Jul 2011
Location: Melbourne
Programs: Velocity Gold
Posts: 1,069
THAI forming ad-hoc teams to boost business
The Nation July 22, 2015 1:00 am
Thai Airways International is developing plans to boost business during a period of global economic instability and to compensate for reduced activity in the current low season.
http://www.nationmultimedia.com/busi...-30264919.html
and more:
besides MAD, also LAX and ROM may be terminated still within this year, while MIL is still "under observation" and thanks to Expo still given another chance to survive.....
The Nation July 22, 2015 1:00 am
Thai Airways International is developing plans to boost business during a period of global economic instability and to compensate for reduced activity in the current low season.
http://www.nationmultimedia.com/busi...-30264919.html
and more:
besides MAD, also LAX and ROM may be terminated still within this year, while MIL is still "under observation" and thanks to Expo still given another chance to survive.....