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THAI, union at odds over survival plan


THAI, union at odds over survival plan
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published :
4 May 2021 at 04:00
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Thai Airways International Plc (THAI) is in a dispute with its labour union over who should act as administrators and execute the company s debt-rehabilitation programme.
THAI s PR department has announced that its rehabilitation managers have nominated its independent director, Piyasvasti Amranand, and the company s second vice chairman, Chakkrit Parapuntakul, to execute the survival plan.
However, the ailing flagship carrier s labour union has also written to Prime Minister Prayut Chan-o-cha to recommend Pirapan Salirathavibhaga for the job, since the Finance Ministry is the airline s majority shareholder and therefore has a say in key appointments. ....

Piyasvasti Amranand , Chansin Treenuchagron , Prayut Chano Cha , Chakkrit Parapuntakul , Pirapan Salirathavibhaga , Central Bankruptcy Court , Legal Execution Department , Thai Airways International Plc , Prime Minister Prayut Chano Cha , Finance Ministry , Thai Airways , மைய திவால்நிலை நீதிமன்றம் , சட்டப்பூர்வமானது மரணதண்டனை துறை , தாய் வானெறிக்குழுப்பெயர் சர்வதேச ப்ல் , நிதி அமைச்சகம் , தாய் வானெறிக்குழுப்பெயர் ,

New staff contracts draw THAI labour union's ire


New staff contracts draw THAI labour union s ire
9
published :
6 Apr 2021 at 06:00
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The Thai Airways International Plc (THAI) labour union is seeking clarification on whether the airline complied with its debt-restructuring plan by changing the terms of employment of its staff.
The union has targeted Chansin Treenuchagron, the airline s acting president, for his role in signing orders governing the company s restructuring and its new employment contracts.
The union has petitioned the Department of Labour Protection and Welfare (DLPW) to decide if the orders were consistent with the debt-restructuring plan submitted to the Central Bankruptcy Court.
The labour union has argued that changes to employment contracts were unfair to employees because they stripped away some important entitlements and welfare benefits. ....

Piyasvasti Amranand , Prapan Salirathavibhaga , Chansin Treenuchagron , Chakkrit Parapuntakul , Chaiyapruk Didyasarin , Boontuck Wungcharoen , Central Bankruptcy Court , Ey Corporate Advisory Services Co , Department Of Labour Protection , Thai Airways International Plc , Labour Protection , Central Bankruptcy , Relations Act , மைய திவால்நிலை நீதிமன்றம் , துறை ஆஃப் தொழிலாளர் ப்ரொடெக்ஶந் , தாய் வானெறிக்குழுப்பெயர் சர்வதேச ப்ல் , தொழிலாளர் ப்ரொடெக்ஶந் , மைய திவால்நிலை , உறவுகள் நாடகம் ,

More job losses at THAI | TTR Weekly


BANGKOK, 8 March 2021: Thai Airways International Airways estimates it will cut another 6,000 to 7,000 jobs this year, reducing the workforce to around 14,000 employees.
Thai Airways International Public Company Limited (THAI) acting president, Chansin Treenuchagron, revealed cost-cutting measures last week after the airline submitted its financial rehabilitation plan to the official receiver to comply with the Central Bankruptcy Court order.
The reductions follow an earlier round late last year when the airline cut the workforce from 29,000 to 21,000 employees. The airline is reducing jobs to approximately 14,000 to 15,000 and is optimising the pilot pool to be in parallel with new fleet and flight hour requirements. ....

Krung Thep Mahanakhon , Piyasvasti Amranand , Chansin Treenuchagron , Service Carrier , Thai Airways International Public Company Limited , Central Bankruptcy Court , Thai Airways International , Transformation Office , Airways International Public Company Limited , Chakkrit Parapuntakul , Private High Quality Full Service Carrier , Strong Thai Brand , சேவை கேரியர் , தாய் வானெறிக்குழுப்பெயர் சர்வதேச பொது நிறுவனம் வரையறுக்கப்பட்டவை , மைய திவால்நிலை நீதிமன்றம் , தாய் வானெறிக்குழுப்பெயர் சர்வதேச , மாற்றம் அலுவலகம் , வானெறிக்குழுப்பெயர் சர்வதேச பொது நிறுவனம் வரையறுக்கப்பட்டவை , ப்ரைவேட் உயர் தரம் முழு சேவை கேரியர் , வலுவான தாய் பிராண்ட் ,

Thai Airways seeks to raise B50bn


Thai Airways seeks to raise B50bn
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Funds needed under debt revamp plan
published :
3 Mar 2021 at 04:00
Chansin Treenuchagron, THAI s acting president, at a press conference on Tuesday.
Thai Airways International (THAI) says it plans to raise about 50 billion baht over the next two years as the financially struggling flag carrier submitted its business rehabilitation plan on Tuesday.
Chai Eamsiri, acting executive vice president of THAI s Finance and Accounting Department, said an initial amount of 30 billion baht must be raised by June this year to pay for operational costs and compensation for employees who have resigned.
The funds may be sought by borrowing from financial institutions, seeking investment allies or through a debt-to-equity conversion, he said. ....

Piyasvasti Amranand , Chansin Treenuchagron , Chai Eamsiri , Chakkrit Parapuntakul , Somchai Poomlard , Central Bankruptcy Court , High Quality Full Service Carrier , Legal Execution Department , Thai Airways International , Accounting Department , Airways International , Vibhavadi Rangsit Road , Strong Thai Brand , Connecting Thailand , Generating Consistently Healthy Profit , மைய திவால்நிலை நீதிமன்றம் , உயர் தரம் முழு சேவை கேரியர் , சட்டப்பூர்வமானது மரணதண்டனை துறை , தாய் வானெறிக்குழுப்பெயர் சர்வதேச , கணக்குவைப்பு முறை துறை , வானெறிக்குழுப்பெயர் சர்வதேச , வலுவான தாய் பிராண்ட் , இணைக்கிறது தாய்லாந்து ,