User avatar
LAXintl
Topic Author
Posts: 24009
Joined: Wed May 24, 2000 12:12 pm

Thai Airways CEO Resigns

Tue Dec 24, 2013 4:56 pm

There was talk earlier this year that the TG president Kanit Sangsubhan would be asked to leave his post ( Thai Airways Losses Grows; CEO Might Be Axed (by LAXintl Aug 20 2013 in Civil Aviation)), well now the CEO says he is stepping down for "health reasons". Resignation is effective January 2nd 2014.

Relations between the CEO and the TG board have been strained as the companies financial performance has worsened and the board openly blamed the CEO for his incapacity to turn around the airline's fortunes.

Thai Airways President Steps Down
http://www.wcarn.com/news/31/31350.html

=

3 CEO's in 4 years is not a model of stability.
In typical fashion the company suffers from political interference so the next CEO will be yet another puppet at the service of whatever party rules the country at the moment.
From the desert to the sea, to all of Southern California
 
n797mx
Posts: 420
Joined: Tue Mar 24, 2009 11:40 pm

RE: Thai Airways CEO Resigns

Tue Dec 24, 2013 8:01 pm

Quoting LAXintl (Thread starter):
well now the CEO says he is stepping down for "health reasons"

He was obviously thai-red of being CEO.   

Maybe TG should consider a restructuring plan?
Clear skies and strong tail winds.
 
User avatar
Ab345
Posts: 1048
Joined: Mon Nov 18, 2013 2:44 pm

RE: Thai Airways CEO Resigns

Tue Dec 24, 2013 8:15 pm

The political situation in Thailand is surely not helping the airline right now also. Hope BKK doesn't go the way of CAI in terms of load factors
 
SFOHORIZON
Posts: 52
Joined: Sun Jun 03, 2007 5:09 pm

RE: Thai Airways CEO Resigns

Wed Dec 25, 2013 12:22 am

I have flown Thai Airways Business Class once a year for the past several years. Service and food quality has consistently declined over the past few years. And every time I look at the variety of planes in its fleet, I just wonder why Thai Airways needs all of those different types . I asked a Thai friend of mine about the variety of planes. I explained to him that many airlines try and limit the types of planes they have to streamline operations and save costs. He said that perhaps Boeing and Airbus were bribing company officials, hence all the different types of planes from manufacturers. I said I would find it hard to believe that Boeing, Airbus and Thai Airways would really be doing that. He called me naive. I don't know.

One thing is for sure, the other Asian Airlines in Star Alliance offer more consistent and better service and quality.
 
SKY1
Posts: 611
Joined: Sun Apr 09, 2006 11:03 am

RE: Thai Airways CEO Resigns

Wed Dec 25, 2013 1:32 am

Quoting SFOHORIZON (Reply 3):
And every time I look at the variety of planes in its fleet, I just wonder why Thai Airways needs all of those different types

Other legacy carriers having a similar size to TG are operating different Boeing and Airbus aircraft in a similar variety to Thai's. So I can't see something odd about it. TG is not an airline which only serves a few airports within Asia.

It's true TG coud be poorly managed and their top managers being a corrupt but their fleet diversity is not extraordinary for a carrier flying 5 continents, 75 destinations in 35 countries, using a fleet of nearly 100 aircraft.
Time flies! Enjoy life!
 
SFOHORIZON
Posts: 52
Joined: Sun Jun 03, 2007 5:09 pm

RE: Thai Airways CEO Resigns

Wed Dec 25, 2013 5:21 am

Quoting SKY1 (Reply 4):
Quoting SKY1 (Reply 4):

I am not sure I agree, but I don't have the data to fully validate my claim... With A380, 747, 777-300, 777-200, A330-300, A300, and maybe A330-200, I think they have more variants than most others out there. And I am not even distinguishing between ER, regular, etc..
 
anawat
Posts: 87
Joined: Mon May 07, 2001 7:07 pm

RE: Thai Airways CEO Resigns

Wed Dec 25, 2013 5:42 am

At least one point in time from not so distance past, TG also operate: MD11, A345, A346, ATR-72, and 737-400. I also think that they have A350s and 787s on order.

That is a lot of types, too many types.

[Edited 2013-12-24 21:45:27]
 
User avatar
eta unknown
Posts: 2486
Joined: Wed Jun 13, 2001 5:03 am

RE: Thai Airways CEO Resigns

Wed Dec 25, 2013 7:30 am

It's common knowledge TG is the most mis-managed airline in Asia- I think RBA is #2- both suffer from incredible govt. interference.

But with TG... don't forget they used to operate same aircraft model with different engine types adding to the maintenance nightmare. Queue the bribery theories...
 
User avatar
LAXintl
Topic Author
Posts: 24009
Joined: Wed May 24, 2000 12:12 pm

RE: Thai Airways CEO Resigns

Wed Dec 25, 2013 3:12 pm

Apparently a bit more news coming out.....


Last Friday the CEO offered ideas for corporate transformation which envisaged spin off of business units and only keeping the airline portion which apparently was not well received by the BoD.

CEO in press interview said with high operating cost TG group cannot survive fierce competition. As an example with growth of LCCs using intensive promotions, TG saw its yield in Q2 drop 8.4%


Resignation of Thai Airways' president no shock as dark skies loom
http://www.nationmultimedia.com/busi...esident-no-shock-as--30222689.html



=
From the desert to the sea, to all of Southern California
 
SFOHORIZON
Posts: 52
Joined: Sun Jun 03, 2007 5:09 pm

RE: Thai Airways CEO Resigns

Wed Dec 25, 2013 5:45 pm

http://www.thaiairways.com/thai-serv...ces/in-the-air/en/our-aircraft.htm

Ok, finally managed to get to a computer. The link above shows a variety of aircraft unparalleled by almost any other carrier;A380, 747, A340-600, 777-300, 777-300ER, 777-200, 777-200ER, A330-300, A300, 737-400. And a year ago they retired the A340-500.

That is way more varieties than any other airline I can think of. I have to agree, from both a business perspective and a customer perspective I think they are very mismanaged.
 
lawair
Posts: 235
Joined: Thu Jan 08, 2009 10:59 pm

RE: Thai Airways CEO Resigns

Wed Dec 25, 2013 8:36 pm

Quoting SFOHORIZON (Reply 9):
Ok, finally managed to get to a computer. The link above shows a variety of aircraft unparalleled by almost any other carrier;A380, 747, A340-600, 777-300, 777-300ER, 777-200, 777-200ER, A330-300, A300, 737-400. And a year ago they retired the A340-500.

This isn't accurate either in that the list is missing the A320s being operated by Thai Smile.

However, they have been rationalizing their fleet over the past decade and continue to do so. By the end of 2015, they will have discontinued all A300s, 737s, while adding the 787. Based on a review of their current phase-out and order plans, I believe the plan for ten years from now is to have a fleet of A380s, 77Ws, A350s, 787s, A330s, and A320s, which seems greatly more manageable than what they had ten years ago.

That being said, the current fleet is still too large, with about 11 currently operating aircraft types. That is not unmatched by some other carriers though.

LH has about 12.
BA has 11
KL has 10
KE has 10
CZ has 14
MU has 11
NH has 12
 
TonyBurr
Posts: 1102
Joined: Tue Mar 27, 2001 1:00 pm

RE: Thai Airways CEO Resigns

Wed Dec 25, 2013 10:04 pm

If I am reading the TG website fleet correctly, none of their 777's have F anymore, so they not longer have the Jet Airways 777? F is only on the few remaining 747, and the 380 and 340?
 
lawair
Posts: 235
Joined: Thu Jan 08, 2009 10:59 pm

RE: Thai Airways CEO Resigns

Wed Dec 25, 2013 11:26 pm

Quoting TonyBurr (Reply 11):
If I am reading the TG website fleet correctly, none of their 777's have F anymore, so they not longer have the Jet Airways 777? F is only on the few remaining 747, and the 380 and 340?

This is correct.
 
terminalc
Posts: 131
Joined: Fri Feb 16, 2001 7:15 am

RE: Thai Airways CEO Resigns

Thu Dec 26, 2013 1:18 am

I've been flying TG for 3 decades & it's always been something of a mess & I believe will remain so until privatized (not happening). It seems every few issues of their in-flight rag introduces new management or new plans.

However I dissent on the service comments: in about 2 dozen flights in C (always BKK-SGN) or F (BKK-CDG/FRA/LHR) this year there's not been one that I thought not exceptional. I'll fly TG over the other *A Asian airlines any day of the week (& that includes SQ) with the caveats of A300, older A330 & 737 flights. I dread those and avoid them as much as possible.
 
User avatar
RWA380
Posts: 5612
Joined: Fri Feb 18, 2005 10:51 am

RE: Thai Airways CEO Resigns

Thu Dec 26, 2013 12:18 pm

Quoting SFOHORIZON (Reply 3):
I have flown Thai Airways Business Class once a year for the past several years. Service and food quality has consistently declined over the past few years.
Quoting terminalc (Reply 13):
However I dissent on the service comments: in about 2 dozen flights in C (always BKK-SGN) or F (BKK-CDG/FRA/LHR) this year there's not been one that I thought not exceptional.

OK, two opposing arguments about TG service. My one and only time flying TG was way back on Oct 1st 1992, and all I can remember is some of the most exceptional service I had ever experienced. It was a then new M11, we were flying SEA-YYZ-SEA, and enjoyed C/J class both ways. If indeed the service level has degraded, that is a total shame.
707 717 720 727-1/2 737-1/2/3/4/5/6/7/8/9 747-1/2/3/4 757-2/3 767-2/3/4 777-2/3 DC8 DC9 MD80/2/7/8 D10-1/3/4 M11 L10-1/2/5 A300/310/320
AA AC AQ AS BA BD BN CO CS DL EA EZ HA HG HP KL KN MP MW NK NW OZ PA PS QX RC RH RW SA TG TW UA US VS WA WC WN WP YS 8M
 
AngMoh
Posts: 987
Joined: Fri Nov 04, 2011 5:03 am

RE: Thai Airways CEO Resigns

Thu Dec 26, 2013 1:39 pm

Quoting RWA380 (Reply 14):
OK, two opposing arguments about TG service. My one and only time flying TG was way back on Oct 1st 1992, and all I can remember is some of the most exceptional service I had ever experienced. It was a then new M11, we were flying SEA-YYZ-SEA, and enjoyed C/J class both ways. If indeed the service level has degraded, that is a total shame.

I had not flown TG for 5 years when I had a trip SIN-BKK-OSL in May. The service between BKK and OSL was absolutely shocking and I was unfortunate to have the same crew on the return OSL-BKK and the service was even worse. SIN-BKK was good and the crew from BKK to SIN was very good. This was in J. I had specifically requested TG as my experience was that although their planes vary a lot in terms of hard product, the service was always good. But my latest trip with them was a real shocker which I did not expect.
727 732 733 734 735 73G 738 739 739ER 742 743 744 752 753 762 772 77E 773 77W 788 A300 A310 A319 A320 A321 A332 A333 A343 A345 A346 A359 A35K A388 DC-9 DC-10 MD11 MD81 MD82 MD87 F70 ERJ145 E170 E175 E190 E195 ATR72 Q400 CRJ200 CRJ700 CRJ900 BAE146 RJ85
 
User avatar
mercure1
Posts: 4562
Joined: Sun Jul 13, 2008 5:13 am

RE: Thai Airways CEO Resigns

Thu Dec 26, 2013 4:32 pm

Quoting LAXintl (Reply 8):
CEO offered ideas for corporate transformation which envisaged spin off of business units and only keeping the airline portion

Yes I think the CEO was wrong, so board dont like his idea.

He should instead propose spinning off airline and focus on other business units like restaurants which they announce earlier in year.

Thai Airways To Go Into Restaurant Business (by LAXintl Aug 12 2013 in Civil Aviation)

Look for opportunity outside low margin airline business   
mercure f-wtcc
 
User avatar
LAXintl
Topic Author
Posts: 24009
Joined: Wed May 24, 2000 12:12 pm

RE: Thai Airways CEO Resigns

Thu Dec 26, 2013 6:41 pm

Yes sure maybe the restaurant business will indeed be better for TG than their financial performance as an airline.


Personally I see TG in a real difficult spot for several reasons besides the government meddling.

1) Home market continues to be flooded by increased capacity especially LCCs
2) Home market was a leisure heavy one to begin with, so yields were so-so before #1 became increasing problem
3) Historic European transit traffic flow has been eroded
4) Last couple years Thailand continues to receive negative global media attention. Certainly must scare away some traffic.
From the desert to the sea, to all of Southern California
 
User avatar
LAXintl
Topic Author
Posts: 24009
Joined: Wed May 24, 2000 12:12 pm

RE: Thai Airways CEO Resigns

Fri Jan 10, 2014 5:01 pm

Now unions are pushing the transport minister for the removal of TG's chairman and its new acting president.

Union contends leaving the two at the airline will lead to bankruptcy

Labor Union presses on 'Chadchart' to fire THAI's management
http://www.pattayamail.com/business/...rt-to-fire-thai-s-management-33740

=
From the desert to the sea, to all of Southern California
 
aaexecplat
Posts: 511
Joined: Tue Sep 29, 2009 2:49 pm

RE: Thai Airways CEO Resigns

Fri Jan 10, 2014 6:48 pm

Quoting SFOHORIZON (Reply 3):
I have flown Thai Airways Business Class once a year for the past several years. Service and food quality has consistently declined over the past few years.

Agreed. I flew TG LAX-BKK-HKT-BKK-LAX in 2011 (on the A345) and the flights were all quite good. Great seat pitch, solid service, good ground experience.

I flew them again in late 2012 and early 2013 FRA-BKK-HKT-BKK-FRA (on A380) and the long sectors were not good at all. Super tight seat pitch, poor meal quality, surly FAs, and they ran out of my meal choice on all but one meal. Ended up getting a J meal in one case, and that was worse than my wife's Y meal and served in the same tin containers.

If you want to fly Y to Asia, SQ is the way to go in Star Alliance and CX in One World. If I had a choice of SQ or TG in Y, SQ wins every time. The only redeeming factor about TG is their awesome J lounge at BKK for Star Alliance Golds, but that is really it.
 
Homobohemicus
Posts: 121
Joined: Fri Mar 15, 2013 2:58 am

RE: Thai Airways CEO Resigns

Mon Jan 13, 2014 1:02 am

I live in Thailand for 110 years now. Of course politics is not helping... Especially with today's Bangkok Shut down that will bring further despair and money lost by a group that seeks power and unable to get it through general elections... But I'll stand aside and keep my opinion to myself... Sad but I have seen a big shift from expats and their businesses elsewhere... I myself decided to simply close operations since I had to deal with bureaucracy and low productivity of staff and the government (Labour Office) harassing businesses to get more money (under the able) even If we were so generous to our people. I guess I can send those 23 staff who lose their jobs to the protesters and they can support them. Another 30 got new jobs but in another country!

*Slapping myself on the hand and reminding myself* ... Aviation and not politics....

Thai Airways has been such a basket case and it is amazing that in my 10 years here, I never understood how they operate and what their pricing policy is. Of oucrse as many state airlines, its a cash cow for politicians. I'm Czech and even CSA was such a milking cow (even if anemic) until thank heavens became private -not long ago.

It is amazing that every single time I tried to use TG for Europe, I have always been quoted a price that was 50-70% more than competition. Many friends tell me that indeed they have good deals, but it's peculiar I have never seen one. The product is hit or miss and from extreme to extreme. Either great service and spotless planes or flying with an ancient aircraft that shows its age.

Thais dislike flying Thai airways as apparently the staff treat Thais with despect compared to their smiling and friendly attitude to fair skinned foreigners. Its a touchy issue and not really discussed openly but quite a well known fact...

But all in all Political intervention is killing the airline added with simply saving face by making grand gestures and acknowledgments without treating the core problems.

Strange that living in Bangkok for 10 years and TG offered a good combination of value for money, schedule only 2x (once to Hanoi and once to Hong Kong). I fly almost monthly and always have found myself on other carriers (minimal Low cost)
 
User avatar
neutrino
Posts: 1536
Joined: Thu May 10, 2012 5:33 pm

RE: Thai Airways CEO Resigns

Mon Jan 13, 2014 4:11 am

Quoting Homobohemicus (Reply 20):

I live in Thailand for 110 years now.

Wow!!! That's a seriously looooooong time.
You must be one of the rare 300 or so super-centenarians on earth. 
Potestatem obscuri lateris nescitis
 
Homobohemicus
Posts: 121
Joined: Fri Mar 15, 2013 2:58 am

RE: Thai Airways CEO Resigns

Mon Jan 13, 2014 4:24 am

Hehehe... Apologies indeed.... A mistake for sure... Still elastic skin and no liver spots yet!
 
User avatar
neutrino
Posts: 1536
Joined: Thu May 10, 2012 5:33 pm

RE: Thai Airways CEO Resigns

Mon Jan 13, 2014 4:36 am

Quoting Homobohemicus (Reply 22):

Oh, I am so disappointed! Thought I might have a chance to meet a super-senior-citizen.  
Seriously, ten years is still a long time for an expat in The Land of Smiles.
I used to be a regular visitor till then-PM Thaksin shortened the bar hours.
Since then, its mainly to The Pearl of the Orient for me.
Potestatem obscuri lateris nescitis

Popular Searches On Airliners.net

Top Photos of Last:   24 Hours  •  48 Hours  •  7 Days  •  30 Days  •  180 Days  •  365 Days  •  All Time

Military Aircraft Every type from fighters to helicopters from air forces around the globe

Classic Airliners Props and jets from the good old days

Flight Decks Views from inside the cockpit

Aircraft Cabins Passenger cabin shots showing seat arrangements as well as cargo aircraft interior

Cargo Aircraft Pictures of great freighter aircraft

Government Aircraft Aircraft flying government officials

Helicopters Our large helicopter section. Both military and civil versions

Blimps / Airships Everything from the Goodyear blimp to the Zeppelin

Night Photos Beautiful shots taken while the sun is below the horizon

Accidents Accident, incident and crash related photos

Air to Air Photos taken by airborne photographers of airborne aircraft

Special Paint Schemes Aircraft painted in beautiful and original liveries

Airport Overviews Airport overviews from the air or ground

Tails and Winglets Tail and Winglet closeups with beautiful airline logos