Thai Airways names new acting president | News



71222 thaiairwaysfleetatbangkokairportmay2012 493442 crop

Thai Airways International has named Chansin Treenuchagron as acting president, replacing Chakkrit Parapuntakul.

His appointment takes effect on 2 July, says Thai in a 1 July stock-exchange disclosure.

Treenuchagron joined the carrier on 4 June as an independent director. He has also been proposed as a rehabilitation planner to draft a turnaround plan for the company, after Thai Airways entered into a court-supervised business rehabilitation in May.

With his appointment as acting president, Treenuchagron will cease to be an independent director.

The airline adds that Parapuntakul will remain with the company as second vice-chairman.

On 19 May, the Thai government gave its approval for Thai Airways to reorganise under the supervision of a local bankruptcy court. It then reduced its stake in the airline from 51.03% to 47.86%, with the company ceasing to be a state-owned enterprise.

Subsequently, Thai Airways submitted an application for business rehabilitation to Thailand’s Central Bankruptcy Court, which was accepted on 27 May. A hearing to decide whether Thai Airways may enter business rehabilitation has been set for 17 August.



Source link

Recent articles

Ohio Governor Says His Flawed Virus Test Shouldn’t Undercut New, Rapid Methods

Gov. Mike DeWine of Ohio, who last week tested positive for the coronavirus, then negative and then negative again, said on CNN on...

Egypt extends detention of Al Jazeera journalist Mahmoud Hussein | News

Egyptian authorities have extended the detention of Al Jazeera journalist Mahmoud Hussein by another 45 days. The extension on Sunday came more than 1,300...

Created with Blender 2.8: ‘Take on me’ cover: Arrangement for Flute orchestras

PiDi writes: 'Take on me' cover: Arrangement for Flute orchestras (Cover) Similar to the original video, it looks like a comic book. All image effects were...

Looks Like AT&T Cancelled Plans for WB Interactive Sale

Following months of reports about its sale, Warner Bros. Interactive Entertainment seems to be resting safely with AT&T for now, if comments by...

Leave a reply

Please enter your comment!
Please enter your name here