THAI Holds Extraordinary Shareholders’ Meeting 1/2002 30 August 2002, Thai Airways International Public Company Limited organized an Extraordinary Shareholders’ Meeting 1/2002, which was chaired by THAI’s Chairman Mr. Thanong Bidaya. Members of THAI’s Board of Directors, THAI’s President Mr. Kanok Abhiradee, and THAI’s Management were also present at the meeting. The following issues were discussed: 1. Allocation of 300 Million Newly Issued Ordinary Shares THAI’s Board of Directors proposed the allocation of the 300 million newly issued ordinary shares as follows: 1.1 The allocation of 285,000,000 (Two Hundred Eighty Five Million) shares which will be offered and sold to the public, at one time or from time to time. 1.2 The allocation of 15,000,000 (Fifteen Million) ordinary shares to employees, according to the employee securities option plan (ESOP) for the offer, and sale of ordinary shares and/or warrants to purchase ordinary shares to employees and the employees who are directors of the Company. The meeting resolved to approve the allocation of the 300 million newly issued ordinary shares. A total of 711 shareholders attended the meeting, including those who attended in person and appointment of proxy, at a total of 1,322,836,878 shares. Back to index...

THAI Leases Boeing 777 Flight Simulator to Lauda Air Thai Airways International recently signed an agreement to lease Boeing 777 Flight Simulator time to Lauda Air of Austrian Airlines Group for pilot training, which will take effect from September 2002 onwards. According to Lauda Air Director for Aviation Training, Capt. Ing Hannes Windbrechtinger, Lauda Air decided to relocate its flight simulator training for B777 aircraft type from Europe to Thailand due to the excellent quality and technology of THAI simulators which are of high international standards. The expertise of THAI engineers was also an important part of the decision. " We (Lauda Air) were satisfied after testing THAI's flight simulator, which we view as another plus for Thailand's aviation industry, adding to its geographical advantages and open sky policy", said Capt. Ing Hannes Windbrechtinger. Currently, THAI offers flight simulator training for five types models of aircraft, namely B737-400, B777-400, B777-200/300, Airbus A330-200/300 and A300-600. These simulators are used for the training of THAI pilots as well as those of 37 customer airlines in Asia, Europe and the Middle East. Lauda Air is the second largest airline in Austria and part of the Austrian Airlines Group which is a member of Star Alliance. It began flight operations between Austria and Thailand on May 8, 1988. Currently, it operates five weekly flights from Vienna to Bangkok, utilizing Boeing B777-200 and Boeing 767 aircraft. Back to index...

THAI Announces Board Meeting Results 28 August 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. Early retirement of THAI’s Executive The Board acknowledged the early retirement of Mr. Veravat Chotiros, THAI’s Senior Vice President, Corporate Planning and Government Relations, which will take effect as of 1 October 2002. 2. Appointment of Advisor to THAI’s Board of Directors The Board has approved the appointment of Mr. Wichian Wiriyaprasit, Attorney General and Permanent Secretary, Ministry of Foreign Affairs, or representative, as advisor to THAI’s Board of Directors, with immediate effect. 3. Appointment of additional members for sub-committee to oversee the purchasing of aviation fuel The Board approved the appointment of additional members for sub-committee to oversee the purchasing of aviation fuel as follows: 1. Mr. Vichit Suraphongchai – member 2. Mrs. Suvakon Nawongse – member replacing Mr. Prasert Khlongwathanakith, who will retire from the company in September Back to index...

ROP Makes Special Offer for International Music & Dance Festival Royal Orchid Plus (ROP) loyalty award program of Thai Airways International celebrates its 9th anniversary by offering special mileage redemption for ROP Gold and Silver members residing in Thailand to attend the upcoming “Bangkok’ 4th International Festival of Dance and Music” in Bangkok between September 12-October 13, at the National Cultural Center of Thailand. Besides redeeming mileage for complimentary air tickets and accommodation, members can redeem their mileage points for tickets to the Bangkok’ 4th International Festival of Dance and Music. Programs available for this special offer are: Date of performance Program Mileage points needed per ticket Performance details September 14 AIDA 9,000 Performed by Romania Opera House September 17 GISELLE 8,000 Performed by the French Ballet National de Marseille September 18 Bucharest Symphony Orchestra 7,000 Conducted by Robert Luther September 20 Napoleon Bonaparte 8,000 Kremlin Ballet Theatre, Moscow September 21 Cinderella 8,000 Kremlin Ballet Theatre, Moscow September 24 Don Quixote/Carmen Suite 7,000 Performed by Western Australia Ballet October 13 Flamenco Dance 7,000 Performed by Compania Andaluza De Denza (from Spain) Each ROP member is entitled to exchange mileage points for up to four complimentary tickets to attend any one of the performances. For more details and reservations, please contact Tel. 02-545-1883-4 between August 22- September 6, from 0900-1700 Monday to Friday. Back to index...

THAI Expands International Network Winter Program 2002/03 During new winter program 2002/03, starting 27 October 2002, Thai Airways International plans to operate to four new destinations namely Xiamen in the People’s Republic of China, Geneva in Switzerland, Bahrain and Abu Dhabi in the United Arab Emirates, as well as to increase flight frequencies on international routes. According to Kanok Abhiradee, THAI’s President, THAI plans to operate to four new destinations on the routes Bangkok-Xiamen v.v., Bangkok-Athens-Geneva v.v., and Bangkok-Bahrain-Abu Dhabi-Bangkok as only a small number of airlines currently serve these destinations.  “These destinations offer a range of tourist attractions.  I am also proud to say that Thai Airways International managed to emerge from the aviation crisis relatively unscathed and is ready to expand its network to cover more destinations,” said Mr. Abhiradee. THAI also plans to add more flight frequencies on the routes between Bangkok and London, Frankfurt, Melbourne, Busan, Chengdu, Hanoi, Beijing and Tokyo in order to cater for the rising demand of passengers on these routes. New Destinations 1. Bangkok-Xiamen v.v.                             3 flights weekly on Tuesdays, Thursdays and Saturdays. 2. Bangkok-Athens-Geneva v.v.                  3 flights weekly on Mondays, Thursdays and Saturdays 3. Bangkok-Bahrain-Abu Dhabi-Bangkok        3 flights weekly on Mondays, Wednesdays and Saturdays   Increased Flight Frequencies (international routes) Bangkok-London v.v.                                   from 10 to 11 flights weekly Bangkok-Frankfurt v.v.                                from 10 to 11 flights weekly Bangkok-Melbourne v.v.                               from 4 to 5 flights weekly Bangkok-Busan v.v.                                     from 2 to 3 flights weekly Bangkok-Chengdu v.v.                                 from 3 to 4 flights weekly Bangkok-Hanoi v.v.                                     from 7 to 14 flights weekly Bangkok-Beijing v.v.                                    from 7 to 10 flights weekly Bangkok-Tokyo-Phuket-Bangkok                    from 6 to 7 flights weekly For more information, please contact the 24 hours reservations service tel. 0-2628-2000, or THAI offices worldwide. Back to index...

THAI’s President Announces THAI’s 3rd Quarter and Nine Month Results Thai Airways Public Company Limited announced its third quarter results (April to June 2002) and its nine month results for Fiscal Year 2001/ 2002 (October 2001 to June 2002), whereby the net profit from operating activities during the third quarter amount to THB 3,452 million baht and THB 9,225 million baht in nine month results. Mr. Kanok Abhiradee, THAI’s President, announced that THAI’s operating result for the third quarter of Fiscal Year 2001/ 2002 (April to June 2002) amount to a total revenue of THB 31,244 million baht and an operating profit of THB 4,116 million baht.  Compared to the same period last year, the net operating result increased THB 2,330 baht or 130.44 percent.  When other incomes and expenses were included, THAI holds a net profit of THB 3,452 which is higher than the same period last year by THB 2,711 million baht or 365.92 percent and earnings per share at THB 2.47 baht, compared to THB 0.53 baht per share in the same period last year. As for the nine month result for Fiscal Year 2001/ 2002 (October 2001 to June 2002), THAI announced a total operating revenue of THB 94,364 million baht, with an operating profit of THB 11,649 million baht, an increase of THB 2,811 million baht or 31.81 percent.  When other incomes and expenses were included, THAI achieved THB 9,225 million baht in net profit, an increase of THB 9,420 million baht compared to the same period last year.  Therefore, the net profit per share was THB 6.59 baht compared to a net loss per share of THB 0.14 baht for the same period last year, an increase of THB 6.73 baht per share. Back to index...

THAI Clarifies Incident Involving Flight TG251 August 10, 2002, Thai Airways International’s flight TG251  Bangkok-Trang, after landing came to a stop two meters past the end of the runway at Trang Airport.  It was raining at Trang Airport at the time.  All passengers were able to disembark the aircraft normally. There were no injuries and no damage to the aircraft.  THAI has made arrangements for all passengers booked on the return flight. Flight TG251 departed from Bangkok early this morning at 0715 hours, carrying a total of 145 passengers and seven flight crew. Flight TG251 was operated by B737-400, registration number HSTDD.  THAI currently has a total of 81 aircraft in its fleet, out of which 10 are B737-400. Back to index...