THAI Announces Board Meeting Results 31 July 2002, Thai Airways International Public Company Limited held a Board of Directors’ Meeting, chaired by Mr. Thanong Bidaya, THAI’s Chairman, with the following results: 1. Progress on THAI’s Privatisation Plan The Board of Directors agreed to terminate the hiring contract of THAI’s financial consultant group comprising Credit Suisse First Boston, JP Morgan (Thailand) Limited and Asset Plus Securities Company Limited. The Board of Directors approved six out of ten top financial and securities companies in Thailand as THAI financial consultants in the sale of the company’s shares as proposed by THAI sub-committee, established to consider the share increase. In addition, the board also approved the hiring of one out of six financial public relations consultants to promote the sale of THAI shares. The promotion of state enterprise share sales requires specific expertise and experience in this field. THAI plans to complete its share distribution within October this year. 2. Appointment of Good Governance Committee The Board of Directors approved the appointment of THAI’s Good Governance Committee comprising the following members: 1. Mr. Borwornsak Uwanno – Chairman Director, THAI’s Board of Directors 2. Mr. Kobchai Srivilas – Committee member Representative from THAI’s Management 3. M.R. Supadis Diskul - Committee member Representative from THAI’s Management 4. Mr. Chotesak Arsapaviriya - Committee member Vice President, Small Industry Finance Corporation 5. Mrs. Ngamnit Sombutpibul - Committee member THAI’s Vice President, Accounting The committee is entrusted with auditing power and able to make proposals to the Board of Directors in order to ensure good governance according to internationally accepted standards and the regulations set by the Ministry of Finance and the Stock Exchange of Thailand. 3. Management Appointment The Board of Directors approved the appointment of Air Chief Marshal Narongsak Sangkapong, Advisor to the National Defense College, Royal Thai Air Force, as Executive Vice President, Special Project Department to oversee the investment at Suvarnabhumi Airport. Back to index...

THAI Celebrates HM the Queen’s Birthday with Special On-Board Menu First Class passengers traveling with Thai Airways International between 11 – 13 August, 2002 can look forward to a delicious range of special on-board menu served in celebration of HM Queen Sirikit’s birthday, said Kanok Abhiradee, THAI’s President. Ostrich Keaw Wan (green curry) with roti, coconut rice with papaya salad (som tam), Royal Project crispy green salad and Mae Fah Luang coffee cream cake, will be served on board all THAI international flights ex-Bangkok. THAI selected locally produced raw materials for this special meal preparation to further promote Thai agricultural products and those from Royal Projects to the world. Back to index...

Results of THAI Catering Raw Materials Open Bid Announced Mr. Kanok Abhiradee, President, Thai Airways International, recently chaired a press conference to announce the results of the open bid for raw materials 2002/3 in order to promote the use of local raw materials and ensure good governance at THAI’s Catering Services Department, Rak Khun Tao Fah Building, on Vibhavadi Rangsit Road. Mr. Kanok Abhiradee said THAI wanted to ensure good governance in procurement procedures and purchase high-quality raw materials for meals served on board THAI and customer airlines flights, as well as at airport restaurants and for other catering activities. The move is also to comply with the government’s policy to promote the use of local raw materials and support small-scale suppliers. Currently, 70 per cent of raw materials used by THAI catering are from local producers, with an estimated value of 1,100 million baht annually. 70 suppliers have been selected to attend the open bid for 44 groups for 306 items of raw materials, at an estimated cost of 676 million baht. The main objectives of the bidding are: 1. To ensure high quality raw materials in accordance with the company’s ISO, HACCP and GMP standards. 2. To select suppliers that meet the company’s requirements in all areas, including laboratory test procedures which  must meet international standards. 3. The procurement must  benefit  both THAI and suppliers. The bidding involves 57 sub-categories for a total of 418 items of raw materials. In order to ensure fairness, THAI has adjusted its bidding method from “close bid” to “open bid”, enabling suppliers to be advised of the results on the same day. Of the total of 108 suppliers registered as candidates, 84 applied and 70 passed the preliminary selection process. Back to index...

THAI Announces Board Meeting Results 29 July 2002, Thai Airways International Public Company Limited held a Board of Directors’ Meeting, chaired by Mr. Thanong Bidaya, THAI’s Chairman, with the following results: 1. THAI’s Shareholders’ Meeting 1/ 2002 THAI’s Board of Directors has approved of the date set for the next Shareholders’ Meeting 1/ 2002, which will be held on 30 August 2002 at 13.30 hours in the Auditorium at THAI’s Head Office, for consideration of the sale of 300 million new shares and to establish the date to close the register and suspend the transfer of shares for the purpose of determining the right to attend the meeting as from 12.00 hours on 30 August 2002 at 12.00 hours. Back to index...

THAI Announces Board Meeting Results 3 July 2002, Thai Airways International Public Company Limited held a Board of Directors’ Meeting, chaired by Mr. Thanong Bidaya, THAI’s Chairman, with the following results: 1. Appointment of State Enterprise Committee and Sub-Committee The Board of Directors has agreed to appoint the following committees and sub-committees with immediate effect as follows: 1. State Enterprise Planning Committee chaired by Mr. Thanong Bidaya 2. Long Term Investment Planning Sub-Committee chaired by Mr. Srisook Chandrangsu 3. Seat & Inflight Entertainment Development Committee chaired by Dr. Chai-anan Smudavanija 4. Capital Increment Sub-Committee chaired by Mr. Somchainuk Engtrakul 2. Investment at Suvarnnabhumi Airport The Board of Directors approved the following appointments in order to ensure successful and effective operations at the Suvarnnabhumi Airport: New sub-committee to oversee the investment at Suvarnnabhumi Airport 1. Mr. Olarn Chaipravat  Chairman 2. ACM Terdsak Sujjaruk  Committee member 3. Mr. Borwornsak Uwanno  Committee member 4. Mr. Wissanu Krea-ngam  Committee member 5. Mr. Viroj Nualkhair  Committee member 6. Mr. Kanok Abhiradee  Committee member & Secretary New Investment Budget & Management Committee comprising the following representatives: 1. President 2. Executive Vice President, Corporate Development & Support 3. Executive Vice President, Operations 4. Executive Vice President, Finance & Accounting 5. Senior Vice President, Corporate Planning & Government Relations 6. Managing Director, Technical Services 7. Managing Director, Cargo & Commercial Mail Services 8. Managing Director, Ground Support Equipment Services 9. Managing Director, Customer Services 10. Managing Director, Catering Services Appointment of Search Committee to Select Vice President for Special Unit The Board of Directors proposed the appointment of a Search Committee to select a Vice President to coordinate with functions both within and outside the company, comprising of the following members: Mr. Somchainuk Engtrakul  Chairman ACM Terdsak Sujjaruk  Committee member Mr. Wissanu Krea-ngam  Committee member Mr. Kanok Abhiradee   Committee member & Secretary 3. The Signing of MoU with the Airports Authority of Thailand (AAT) The Board of Directors has approved the signing of Memorandum of Understanding (MoU) between Thai Airways International and the Airports Authority of Thailand for investment project at the Suvarnnabhumi Airport.  Activities with both direct and indirect involvement to airline business should be added with special focus on THAI’s operating areas. 4. Launching new destinations in the Middle East : Abu Dhabi and Bahrain The Board of Directors acknowledged the launch of new destinations to Abu Dhabi and Bahrain in the UAE.  THAI plans to launch a thrice-weekly operation on the route Bangkok-Abu Dhabi-Bahrain-Bangkok, in its winter program 2002/03, utilising A330-300 and A300-600 aircraft.  This is part of THAI’s marketing and network expansion plan in the Middle East region especially in the UAE. Currently, THAI operates seven weekly flights to Dubai. 5. Selection & Appointment of Senior Executives on Good Governance Basis The Board of Directors approved the adjustment of selection and appointment requirements of managerial staff from the level of manager upwards, which should include the company’s business units.  THAI must ensure that the setting up of candidates’ qualifications and selection procedures are transparent and in accordance with the good governance guideline. Back to index...