THAI board balks at hefty acquisition plan

ศาสตร์เกษตรดินปุ๋ย : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation

https://www.nationthailand.com/business/30376729

THAI board balks at hefty acquisition plan

Sep 26. 2019
Thaworn

Thaworn
By THE NATION

1,309 Viewed

Thai Airways International (THAI) directors on Tuesday (September 24) asked executives of the national carrier to review plans to procure 38 more aircraft worth a combined Bt156 billion.

The board cited a “fast-changing situation” in asking for a fresh plan within the next six months, THAI president Sumeth Damrongchaitham said.

Board members noted the airline’s poor financial performance and tough competition, coupled with the baht’s appreciation, Sumeth said.

He insisted that THAI must acquire new aircraft, but it would revise the methodology used.

Deputy Transport Minister Thaworn Senniam said the board’s request was not politically motivated or a matter of political interference.

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