Thai Airways CEO resigns

- A Monitor Desk Report Date: 19 June, 2021 | 789 Views

Dhaka: Thai Airways announced that its acting Chief Executive Officer Chansin Treenuchagron has resigned and  Suvadhana Sibunruang, the current Chief of Human Resources has taken over the position.

The decision comes a day after the Central Bankruptcy Court of Thailand gave the final go-ahead for Thai Airways’ rehabilitation plan. Chansin would remain as an administrator to supervise the business rehabilitation.

The business reorganization plan includes a revenue increase plan, expense reduction, work process adjustment, and organizational restructuring to sustainably increase efficiency. The financial reorganization includes debt and capital restructuring.

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