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Thai Airways acting CEO resigns after restructuring plan okayed

Thai Airways acting CEO resigns after restructuring plan okayed
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Thai Airways cuts 240 exec positions as part of bankruptcy restructuring

BANGKOK (Reuters) - Thai Airways International Pcl on Friday said it had cut around 240 executive positions at the airline as part of its bankruptcy restructuring process. The number of executive positions has been reduced from 740 to about 500, the airline said in a statement, adding that the move would increase efficiency by going from eight supervisory levels to five.   (Reporting by Chayut Setboonsarng; Editing by Ed Davies) (Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.) Dear Reader, Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during

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