Amazing isnt it, just bloody amazing, corruption is rife, and nobody has ever even tried to stop it.

Not so amazing really. This is the state flag carrier. Just look at SRT and other state entities where it’s a given that when one gets onto the board, the money simply flows your way and all you need is a pulse. Nobody’s ever been interested in making it more competitive or efficient when it has so many fat, dripping teats.

More and more employees are jumping onto the corruption band wagon, ohh if they can do it so can i.

They are on the corruption band wagon from when they are hired. Some are even born on that bandwagon and the employment and promotion is already a given and they get a better seat at the front.

Only way to stop it,, and stop the serious drain on public money, is to shut Thai airways down.

Totally agree. The whole thing needs eviscerated and something new and totally unrelated with the purple and gold pig trough. However, with Air France-KLM going cap in hand to their respective governments after burning through an extra $2.5 billion during Q4 last year (the $10 billion secured when Covid broke out wasn’t enough apparently), the notion of face saving will be very strong.

Alitalia was Europe’s perpetual basket case airline and last March, after airlines and investors declined to help out, the Italian government ‘saved’ them by taking control. Alitalia’s debts were (are still) huge but I recall doing the math last year and the financial black hole that THAI languishes is colossal in comparison… I ran out of zero’s on my calculator! Even if the Thai government didn’t buy submarines, they still wouldn’t scratch the surface of THAI’s debt. I doubt that CP, SCG, ThaiBev and SCB combined could ever cover those losses. But hey, maybe some Sino-Thai multi-trillionaire wants to pull a Richard Branson?