Bangkok--Nov 4--Thai Airways International
Thai Airways International Public Company Limited stated that recent local media reports concerning plans to subsidize its 5 business units were incorrect.
Mr. Wanchai Sarathulthat, THAI’s Chairman of the Board of Directors, said that news reports that appeared in the local Thai media were completely false. Mr. Sarathulthat provided clarification about local media reports that claimed the company would subsidize its 5 Business Units and require employees under those units to resign from the company in order to become employees of the respective subsidiaries.
Mr. Wanchai Sarathulthat, THAI’s Chairman of the Board of Directors, said that the main goal of THAI’s Board of Directors has always been to further the company’s development and success in the airline industry. Mr. Sarathulthat said that in today’s era of conducting business, it is vital and necessary to establish subsidiaries, as it allows the company to have increased flexibility and leverage to manage business in the competitive airline industry. Therefore, the initial step undertaken has been to establish subsidiaries that are newly set up, with no effect on employees currently working for the company. The company will also recruit new hire employees for those subsidiaries to be newly established, which were announced following this week’s THAI Board Meeting, those being:
1. A company to manage business concerning airport projects, which will provide airport management service for Shah Amanat International Airport in Chittagong, Bangladesh and for the airport in Krabi, Thailand.
2. A company to manage business concerning airline human resources or the THAI Aviation Research Institute, which provides professional training services on aviation business, supporting THAI’s activities, for THAI employees’ professional development, and to facilitate increased competitiveness in the aviation business.
3. A company to manage business concerning airline ticket sales and tour packages, which will manage travel-related business and the sale of airline tickets. End.