According to the Bangkok Post Thai Airways derailed plans to reduce state ownership and gradually scale back government guarantees for loans taken out by the flag carrier. Chairman Ampon kittiampon said after a board meeting that now was not the right time for the caretaker government to pursuing “policy matters” in light of the july 3rd. general election. He also insisted there was no policy for the Finance Ministry to cut its stake in the airline to 49,99 % from 51,03 %, ending THAI´s state enterprise status.
“To the best of my knowledge , THAI management is not considering any share restructuring” he told at a pressconference. THAI president Piyasvasti Amranand on Thursday indicated the ministery would sell a 1,04 % share to the Crown Property Bureau to support a bid to end the carrier´s legal status as a state enterprise.
The board also deferred approval for the procurement of 37 jetliners, which was finalized by the management, pending the review of the strategic plan to be tabled to the board. The airline is seeking to acuire a total of 75 jets between now and 2022 in one of the biggest fleet renewal programmes in the global industry.
