16 NOVEMBER 2009
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THAI’S new President Piyasvasti Amranand visited London last week, part of a road show with international investors laying out his vision for the airline. Once one of the most aggressive airlines in South East Asia in terms of marketing and product quality, Thai still continues with a high standard of operation but has suffered from airport problems at its main hub and also political interference. Laying out his vision for THAI, which he called “a national treasure that we must help protect”, Mr. Piyasvasti said consideration of a recapitalization will be dependent on planned investments, operating results and other financing options. www.thaiair.com
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