Thai Airways International planes at Suvarnabhumi airport. (Bangkok Post file photo)
Thai Airways International (THAI) is extending its leave-without-pay (LWOP) scheme for another 12 months, as the ailing flag carrier continues to struggle to meet its financial obligations.
A source said THAI acting CEO and chief of human resources Suvadhana Sibunruang has issued an internal memo announcing the latest extension of the LWOP scheme on Tuesday.
The scheme, which will be in effect for 12 months, begins on ๋July 1. According to the source, the scheme complies with the resolutions reached by the airline’s rehabilitation plan administrators on June 9.
The carrier had introduced a similar scheme earlier in the year to cope with its heavy losses. THAI reasoned the scheme was needed to cut back on human resource…
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.