Thai Airways CEO ousted over flood mishaps
The board of directors of Thai Airways International Public Co Ltd on Friday dismissed Chief Executive Officer Chai Eamsiri following the widespread mismanagement of flight schedules and severe baggage backlogs during heavy flooding in the capital that started Sep 25.
Thai Airways International Public Co Ltd ousted its CEO Chai Eamsiri on Friday amid widespread operational failures during recent heavy flooding in Bangkok. The board of directors cited persistent mismanagement, including extensive flight delays, baggage handling chaos, and ground service breakdowns, as the primary reasons for his termination.
The board Chairman Lavaron Sangsnit appointed Samrit Samniang as acting CEO to address the urgent crises and restore trust among passengers and the public. A committee has been formed to investigate allegations of improper wine procurement, valued at over 800 million baht, involving Chai. Thai Airways previously canceled 24 flights scheduled for October 1 and 2 to clear a backlog exceeding 10,000 pieces of luggage and cargo, aiming to resume full operations by October 3.
The company plans to review its management structure and employment frameworks to prevent future disruptions. Thai Airways shares (+0.88%) rose to 5.70 baht on the Stock Exchange of Thailand following Friday's board meeting.
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