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Nearly 5,000 Thai Airways staff to deplane in voluntary resignations

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Officially, 4,977 staff at Thai Airways have applied for different stages of its Mutual Separation Plan for the survival of the airline. In other words they’ve been politely asked to resign. The airline employs about 20,000 people.

The beleaguered national carrier has endured a decade of substantial losses, endless headlines about systemic corruption, padded senior staff contracts and executive perks. In the midst of the impact from the border closures in April, Thai Airways executives again approached the Thai government for another cash bailout. But this time the Cabinet bristled and forced the airline into a “rehabilitation” program, effectively bankruptcy proceedings.

Acting Thai Airways president Chansin Treenuchagron said the airline offered the MSP to its staff because it had been loss-ridden and the impacts of the coronavirus disease 2019 caused it to undergo rehabilitation.

“Cargo and repatriation flights, food services from its catering department and the sales of Thai Airways souvenirs could not make up for lost revenue from the stalled passenger service.”

The airline management invited early retirement applications from October 19 to 28. During the period, 1,918 employees applied to retire on Dec 1; 2,699 employees wanted to leave with 20% salary payment for six months from November to April and would later apply for early retirement; and 360 employees applied for both choices.

“The applicants contributed to the survival of the airline”.

 

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10 Comments

10 Comments

  1. sam thompson

    Sunday, November 1, 2020 at 8:28 am

    A thorough check of their accounts by an outisde and independent firm should be employed to find out the levels of misuse of funds by the top officials in this company. Being bailed out by public money is bad enough when a company has done its best to survive but if the hard times are also caused by nepotism, favouritism, corruption and misuse of funds, then it is just cause for [criminal] action.

  2. Khun plastic

    Sunday, November 1, 2020 at 8:30 am

    Well worth a look at the Thai website, very sad day for the many hard working staff in the company.
    I would imagine anybody who has paid for future flights with Thai will be unsecured creditors.

  3. Gosport

    Sunday, November 1, 2020 at 8:44 am

    Good for them to leave comfort zone. Something new and wonderful is waiting. Passengers service wont make money in 10 years.

  4. Maag

    Sunday, November 1, 2020 at 8:50 am

    This company was alredy dead , due to corruption and poor management !

  5. Johnny Rambo

    Sunday, November 1, 2020 at 11:10 am

    “In other words they’ve been politely asked to resign.”

    Wait, there is politeness in Thailand ?

  6. preesy chepuce

    Sunday, November 1, 2020 at 1:05 pm

    Sounds like a colourful string of words to describe redundancies… is there going to be a change in management and leadership too?

  7. Tony Grace

    Sunday, November 1, 2020 at 4:31 pm

    Used this airline so many times always found the staff on the ground and in flight toawlays go the extra mile regards service,The problem here was so many top leavle staff with there snouts in the trough abuseing there positions where family and in many cases friends were given free flights and other gratuities no company can sustain this level of incompetence. So to but it in context what went wrong? ( The Management)

  8. Svsb eidhdg

    Monday, November 2, 2020 at 5:01 pm

    Too Expensive and I found the staff to be stuck up and unhelpful and the planes very old. I won’t miss THAI.

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