Thai Airways International Public Company Limited, or THAI, informed the Stock Exchange of Thailand that the company's board has resolved to suspend Mr. Chai Eamsiri from his duties as Chief Executive Officer during a fact-finding investigation and review of management processes in a crisis, following the floods in late September 2026 that affected the aviation business and the organization's image. The board appointed Mr. Samrit Saniang, a director, to serve as acting Chief Executive Officer, effective from October 2, 2016 onward. The resolution was made at the company's 9/2569 extraordinary board meeting on Friday, October 2, 2016. Mr. Chai posted a clarification on his personal social media that the allegations of corruption in the wine procurement involved careful procedures and regulations that can be examined at any time, and affirmed that throughout 41 years of work he had never been involved in corruption. He also stated that he was already the board member with the weakest financial standing among THAI's board members, and that he welcomed any agency in the country to investigate.
Thai Airways International Public Company LimitedTHAI's board suspended CEO Chai Eamsiri amid a corruption investigation into wine procurement, creating governance and legal uncertainty for the company.
