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Article: Thai Airways to Reorganize in Preparation for Privatisation.
- Article from:
- Knight Ridder/Tribune Business News
- Article date:
- July 27, 2001
CopyrightCOPYRIGHT 2001 Knight-Ridder/Tribune Business News. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Bangkok Post, Thailand Knight Ridder/Tribune Business News
Jul. 27--Thai Airways International Plc will undergo a reorganisation with the creation of four new business units in a move aimed at enhancing its portfolio to ensure successful partial privatisation at the end of this year.
Chairman Chai-Anan Samudavanija said the new four units -- ground terminals, technical, cargo and kitchens -- would be 100 percent owned by the airline.
He said the new structure was intended to help investors have a better understanding of the airline's business.
"In principle, we plan to focus on two sectors. Apart from our core airline business, the ...