Tuesday, May 5, 2015

Until early 2552, I have been asked by Korn Chatikavanij loogi minister asked to help finance direc


Board policy and state regulators. (I co-director with) has approved the rehabilitation plan. PCL. THAI The losses for several consecutive quarters. It also tends to be lost for the next stage of bankruptcy. If no serious reconstruction surgery.
Of course, if the problems pile up, THAI has accumulated for swagger back strong, be proud of it. Require decisiveness The measures have led to many parties have to accept the consequences. Some employees at more than Working in comfort It must adapt Must work harder The excess must be removed Executives who do not powerful enough to bring the company to fight the toughest competition in the industry, one of the world it must be modified. Partners, suppliers Were trading at a profit simply need to be cut down. Whoever had the advantage ought not unduly high costs must be cut.
Information about the proposed reconstruction, which shrink to grow (contraction to expansion) is to be reduced in size without profit to grow further, it could have been much impact. However, a detailed analysis of the global consulting team. We believe this is the best choice bearing bite (bite the bullet, but instead of leaving them ill and dying) is inevitable. But these plans have been heavily criticized. Neither of whom have been directly affected loogi and those who are affected Feelin. As well as their presence is knowledge. (A common practice in Thailand We do not trust any of those responsible. Do not believe him I do not believe him And do not believe that they were good).
As responsible and follow the plan I wrote this support. The plan was put into action. loogi And it was as expected. Despite loogi the criticism against the opinion of many. The criticism is that the results fairly. It has quite a bit to personal attacks. A year to the Heathfield Beach sundry as "slaves of capitalism" "The Mole", etc., and I condemned it is. I used to be a director Plc. Thai Airways is 30 months between April 2552 - September 2554, some of which they denounced. Do not see Always loogi Happy Meal Orders Galore The cause annihilated What does the experience of flying. Just partisan politics, etc.
What's not to excuse But I was a very ordinary man, thus allowing them to share what is in fact an act of directors. It hopes It is then drained It might be useful loogi in solving some problems. This may help to support the current and future intentions dedication.
In fact, I was asked to come to Bangkok for the first time since early 2545, when Mr. Somkid. Jatusripitak and Dr. resistant Bidaya been trying to persuade me to take the position of Managing Director (DD) of the PCL. Thai Airways. But I have refused because they thought that they were not appropriate. Therefore since I enjoy being president. Plc., Merrill Lynch Phatra (salary, much more than most) finally got Kanok Abhiradee a DD, I was asked to take over as director. (At that time everyone I want to be a director because it means Airways will fly first class free lifetime), but I refused because I never wanted to be a director Enterprises. I do not want to report assets Willing to pay for itself
Until early 2552, I have been asked by Korn Chatikavanij loogi minister asked to help finance directors. At first I refused, But Korn said. "This time, I want to ask The loss of 21,314 million baht in 2551 the most in history. Need urgent loogi rehabilitation to Dr. Piyasvasti. (Amranand, Dr. Pok) who are going to be asked to be the DD hard to help, "I agreed because I wanted to help with the esteemed Dr. batted for a long time.
I joined as a director before. Dr. Piyasvasti take the position for several loogi months. The restoration, which was led by the candidates themselves acting planned spending cuts and immediate correction of errors as appropriate. Make the operation better. The first thing to do before it is lowered into the many benefits of membership. From free flights for life was just ten trips per year. Only now the position, etc.
Thai Airways in 2552 to a profit of up to 7,344 million baht, and in 2553 was a profitable year and a record high 15,350 million baht now, let's focus on that. During that time I was director (2552-2553) at the International profit. And very profitable
In the beginning, I was assigned to the Audit and Risk Management Committee, which I have found that although the International Risk Management Department. It's like having a full on. According to their own rules Do not have a system they can trust. No one took advantage I asked hires PWC to help Network Enterprise Risk Management (ERM) to a new request to Prof. Dr. Anya Khanthavit as a consultant to create loogi ERM up (now do not know how, then. ) to make simulation to find ways to reduce the volatility of the exchange rate, but found it was too expensive loogi to hedge the exchange rate is unlikely to be good.
Management and directors have tried to make improvements in many matters. In addition, profitability was good Dr. Piyasvasti happiness can come back rank better loogi customer satisfaction rating in the Skytrax steadily loogi improved. Shareholders were assured The share price rose almost 40 baht (when I come into the share price of 11 baht it), so the successful capital increase have money to 15,000 million loogi baht to make money to pay for the planes ordered before the committee this would (. Like the A380 order No payments) and was planning to purchase new aircraft over seventy ships. By approving the purchase of 37 aircraft, which I also hereby announces that the planning and purchasing process.

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