Thai Airways has disclosed that its chairman has resigned because the provider struggles with monetary challenges.
Drawn to Airlines?
Add Airlines as an hobby to no longer sleep so a long way on the latest Airlines recordsdata, video, and diagnosis from ABC Recordsdata.
The airline said Friday that Ekniti Nitithanprapas resigned as of Nov. 1.
The provider’s vice president, Air Chief Marshal Chaiyapruk Didyasarin, will be performing chairman.
Thai Airways gave no motive for Ekniti’s departure after three of the airline’s executive administrators no longer too lengthy within the past stop. The corporate’s president contemporary drew criticism for asserting the corporate used to be in crisis and can maintain to end if its workers attain no longer cooperate with a rehabilitation knowing.
The corporate reported a with reference to 6.7 billion baht ($220 million) to find loss within the April-June quarter. It said a slowdown in tourism in Thailand and within the worldwide aviation market had been components at the support of a ten% decline in revenue from a year earlier. Passenger web page web page visitors fell extra than 5%.
The airline has been promoting decommissioned airplane to encourage alleviate its cash crunch.