Former PTT boss tipped to become THAI president

By THE NATION

 

 

Chansin Treenuchagron, a newly appointed board member of Thai Airways International (THAI), is reportedly being tipped to become the new acting president of the carrier.

 

 

However, Chansin, who was appointed to the board on June 4, has denied being approached to take the job. He said that if he were to be offered the post, he would have to consider the offer carefully before making any decision.

 

Chansin is a former president of PTT. The current acting president of THAI is Chakkrit Parapuntakul.

 

The national carrier is currently undergoing bankruptcy restructuring.

 

Source: https://www.nationthailand.com/business/30389116

 

-- © Copyright The Nation Thailand 2020-06-06

 

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I think it's a bit late for that. Should have done something 12 months ago.

He said that if he were to be offered the post, he would have to consider the offer carefully before making any decision.

 

Meaning, as its going through bankruptcy procedures how much will there be for me too divert into my own pockets

His first thought about being tipped to become President of Thai airways was probably...... Whats in it for me.

I,m guessing that one of his buddies is a certain uncle P?..........

Just how long can you whip a dead horse???

 

Will PTT pay him a commission for any outstanding fuel bill that is recovered 

Shouldn't they be looking for an experienced veteran of the airline industry?

1 hour ago, mighty said:

Shouldn't they be looking for an experienced veteran of the airline industry?

Absolutely, but most of them that were successful would be farang. I think the boss of Cathay is retired/retiring. Although he probably doesn't want or need the hassle.

Thai Airways truly is a lost cause when even now - as the airline is undergoing "restructuring" - people are still sitting on (or are appointed to) its board who have absolutely nothing to do with the aviation industry. It's like making a tailor chairman of the blacksmith association. 

Edited June 6, 20206 yr by Misterwhisper

2 hours ago, Misterwhisper said:

Thai Airways truly is a lost cause when even now - as the airline is undergoing "restructuring" - people are still sitting on (or are appointed to) its board who have absolutely nothing to do with the aviation industry. It's like making a tailor chairman of the blacksmith association. 

IIRC the guy who turned around JAL a decade or so ago had no previous aviation experience. 

4 hours ago, steven100 said:

I think it's a bit late for that. Should have done something 12 months ago.

12 years ago or more...

SOE musical chairs.

 

They need industry specialists, but that won't be allowed to happen.

Think I can kiss my THB 14250 refund from a cancelled flight goodbye, I applied for it over a month ago but not 1 word of reply. If I dont get it I'll walk before I ever fly with Thai or Thai Smile again.

Im "supposed" to be flying with them (LHR-BKK and return Sept.-Dec. this year....., my flight hasnt been "cancelled "...yet!.

I dont suppose I will get any refund if it is cancelled.........Hey ho! Maybe in the new year Thailand will be a place for me to visit.....hopefully!

Edited June 6, 20206 yr by welshguy
spelling

5 hours ago, colinneil said:

His first thought about being tipped to become President of Thai airways was probably...... Whats in it for me.

Shouldn't that be anyone's first thought?

 

It's a hard job running a business, let alone one that has been mismanaged for an extended period of time. He's not running a charity or doing it out of the kindness of his heart.

5 hours ago, mighty said:

Shouldn't they be looking for an experienced veteran of the airline industry?

They should be looking for several, especially those that have helped airlines get out of serious financial difficulties before.

 

Unfortunately that is not the way Thai businesses operate and they must maintain control because it is a money maker and a popularity contest for them. 

 

This is the kind of role that demands a person that will make really harsh decisions that affect peoples' income and lives. The kind of person that will be deeply unpopular with the staff simply because he will not cowtow to cultural conformity or the whims of the middle management.

Edited June 6, 20206 yr by Mr Meeseeks

Good luck with that...  They need to address the corruption first, and that will require a real outsider.

13 minutes ago, Mr Meeseeks said:

They should be looking for several, especially those that have helped airlines get out of serious financial difficulties before.

 

Unfortunately that is not the way Thai businesses operate and they must maintain control because it is a money maker and a popularity contest for them. 

 

This is the kind of role that demands a person that will make really harsh decisions that affect peoples' income and lives. The kind of person that will be deeply unpopular with the staff simply because he will not cowtow to cultural conformity or the whims of the middle management.

Well that NEVER happens in Thailand! How many non thai CEOs in the land of deference and irrationality?

4 hours ago, Misterwhisper said:

Thai Airways truly is a lost cause when even now - as the airline is undergoing "restructuring" - people are still sitting on (or are appointed to) its board who have absolutely nothing to do with the aviation industry. It's like making a tailor chairman of the blacksmith association. 

Or asking moles about the habits of skylarks as someone quite memorably put it ..

Absolutely hilarious ???? another leader with no airline expertise ????????????

Well.....giving the Thai Airway presidency to a guy that runs a gas station kind of fits the bill.....but he would definitely be better than the past few dregs they've had!

7 hours ago, rooster59 said:

However, Chansin, who was appointed to the board on June 4, has denied being approached to take the job. He said that if he were to be offered the post, he would have to consider the offer carefully before making any decision.

 

asking for more money, shares, stock, options, bonus, golden parachute ....

1 hour ago, pixelaoffy said:

Well that NEVER happens in Thailand! How many non thai CEOs in the land of deference and irrationality?

You have never heard of Bill Heinecke?

 

I am another, however much less well known.

7 hours ago, colinneil said:

His first thought about being tipped to become President of Thai airways was probably...... Whats in it for me.

Possibly making sure the airline's aviation fuel is supplied by PTT for starters???

What a banana republic. There seem to be only a handful of people in Thailand that just do "business". Any kind of business. Oil, airlines, whatever. These super Thais can run any kind of business. They are so talented. 

If they do not get an overseas specialist (we know there is not one here) at operating a large International Airline I fear they are gone.

What's with this Thai thing that the saviour has to be one of the boys still or again.

Slow learners.

He may be a good business man but being an Executive in a "manufacturing process" which because of it's nature can hardly not make a profit is a vastly different thing to running a successful International 

Airline with so many more facets.

Finally, is it not up to the receiver to make this appointment, what has the Government of the day got to do with it, now ??

18 hours ago, steevjee said:

Think I can kiss my THB 14250 refund from a cancelled flight goodbye, I applied for it over a month ago but not 1 word of reply. If I dont get it I'll walk before I ever fly with Thai or Thai Smile again.

180 days is their estimated turnaround for refunds due to cancellations of flights.

21 hours ago, Andrew65 said:

Absolutely, but most of them that were successful would be farang. I think the boss of Cathay is retired/retiring. Although he probably doesn't want or need the hassle.

Any foreigner that finds 'issues' may 'disappear.'

 

This is not a job for any1 other than a Thai.