Thai Airways

Siamese Announces posting group meeting Results Today, 25 February 2011, Thai Airways worldwide Public Company Limited (siamese connection) held a Board of Directors Meeting chaired by Mr. Ampon Kittiampon, THAI Chairman, at THAI brainiac blank space with the following announcements. 1.Operating Results for 2010 The THAI Board of Directors adjudge the run results for 2010 year as follows: From the period beginning January to overthrow of celestial latitude 2010, THAI successfully implemented the strategic plan to prove a solid foundation for the agreements vexation even though during the year THAI was affected by several key events. The volcanic eruptions in Iceland in April 2010 caused the European airspace to be closed, affecting THAIs trading operations to Europe, after which, Thailand faced midland political protests from mid April to may 2010 that impacted travel-related personal cite linees in the country. Nonetheless, the companys operating good in 2010 increase from the previous year in 2009, as a result of THAIs intensive business dodge and adjustment to the work plan in proactively reacting to the perpetually ever-changing situations, as well as the key events having subsided by the one-third quarter. Hence, in 2010 THAIs total receipts was 184.3 meg baht, an increase by 20.

4 billion baht from 2009, or an increase of 12.4%. The Companys operating revenue change magnitude by 19 billion baht, or 11.7%. The expenses, which do non allow in gains/losses on foreign currency exchange, solely accept sharing of profits of investments by the equity syst em and finance costs, were 175.9 billion bah! t which was 16.9 billion baht high than expenses in 2009, or 10.6% higher, due to a higher norm bell of jet fuel by 26.4%. The increase in ware and traffic combined with the higher personnel costs, partially as a result of the Company having implemented the strategy for employee wariness through the Gold Handshake and Mutual interval design projects, came to a total of 2.3 billion baht,...If you want to spend a penny a full essay, order it on our website: OrderCustomPaper.com

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