Prerequisites for THAI to address ahead of rehabilitation process
Although it is likely that struggling Thai Airways International will have to apply for a court-sanctioned rehabilitation programme, under the country’s bankruptcy law, there are a number of prerequisites to address, including:
- Total revamp of aircraft maintenance data systems, to include the sale of decommissioned aircraft and engines.
- Review of fleet management, including the sale of redundant aircraft which, so far, have only attracted low offers.
- Revamp of commercial strategy to weed out exploitation by third parties.
- Revamp of the operations and costs of digital systems.
- Revamp of maintenance operations to cut costs and improve efficiency, with the introduction of new technologies and innovation.
- Improve maintenance staff efficiency and revamp the maintenance operation to offer commercial services.
- Organizational restructuring, including staff reorganization to match workload or production capacity.
- Revamp of business groups within the airline, such as the maintenance centres at Don Mueang and Suvarnabhumi international airports.
- Revamp of several of the business groups within airline, such as ground services, freight and postal services and a review of new business units.
- Improvement of the efficiency of the ground and flight catering service, and development of the service to Smart Kitchen 4.0 in the future.