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Monday, April 29, 2024

THAI, union at odds over survival plan

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.

The union’s recommendation has been backed by 2,000 THAI employees on the online petition platform Change.org. although the union has not explained why it prefers Mr Pirapan over…

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