Suvarnabhumi » New Airports of Thailand chief promoted
Sunday, July 20th, 2008
The new Airports of Thailand (AOT) president is being offered lower pay than his predecessor and will have some tough goals to meet, including making Suvarnabhumi one of the world’s top 10 airports in six months. According to an Airports of Thailand source, Airports of Thailand’s remuneration committee discussed a package with Chana Yusathaporn for over an hour on Tuesday.
The panel offered a monthly salary of 550,000 baht to Air Marshal Chana, who was promoted on Oct 1, 2007 and is now deputy commander of the air combat command.
However, his salary after taxes would be 385,000 baht.
By comparison, the salary of previous Airports of Thailand president Chotisak Asapaviriya was 700,000 baht, or 490,000 baht after a 30% income tax deduction.
Apart from the salary, Airports of Thailand proposes AM Chana have a monthly entertainment allowance of 20,000 baht and a phone use allowance of 5,000 baht a month.
The Airports of Thailand will also prohibit him from hiring an adviser because Mr Chotisak hired many advisers during his term, giving them very generous pay.
AM Chana was selected the new Airports of Thailand president after beating other candidates in an open application contest last week. He was promoted to air marshal at the beginning of the month.
Seen as the toughest challenge for the new Airports of Thailand president is making Suvarnabhumi one of the world’s top ten airports within six months. How well he fulfils that condition will go towards his evaluation.
The source said it would be an uphill task pushing Suvarnabhumi up the world airport rankings in such a short time.
The Airports of Thailand board will meet and expected to iron out conditions to be set out in AM Chana’s contract. The board may have to decide if it still requires the new president to realise the airport’s top ranking ambition.
If talks with AM Chana over the contract fail, Airports of Thailand may have to invite the runner-up candidate, Paolo Hospital executive Chanin Yensudjai, for negotiations over the top post.
Airports of Thailand board member Chirmsak Pinthong, who is on the Airports of Thailand remuneration committee, said yesterday the package for AM Chana was still negotiable.
If AM Chana agreed to sign the contract, his committee would seek approval from the Airports of Thailand board of directors and the Finance Ministry, the major shareholder of Airports of Thailand, to sign a contract with him.
Today, the Airports of Thailand board will also be informed of the Airports of Thailand’s negotiations with the Loxley-ICTS consortium where Airports of Thailand wants to shorten the contractor’s airport security service contract at Suvarnabhumi from 10 to three years.
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