21 May, 2018

Thai Airways has a new boss.....probably

After nearly two years of searching it appears that Thai Airways finally have found a new president and chief executive.

In a statement released by the company, it says the board has recommended the recruitment of Sumeth Damrongchaitham, 53, who has previously been president Dhanarak Asset Development Co and chief operating officer of  GMM Grammy PCL a music and entertainment company.

It is hoped that the new boss if terms can be agreed, will help boost the troubled Thai Airways as it faces turbulent times of increased competition from the low-cost market, higher fuel bills and a slump in profits. 

According to local media outlets, many people had been put off the top job with the national airline due to its close ties with the military that run the country. The airlines' board consists mainly of former air force personnel and civil servants.