NokScoot appoints new CEO

Medium- to long-haul low-cost carrier NokScoot has appointed Yodchai Sudhidhanakul its new chief executive officer, effective from Wednesday.

The airline’s board of directors met on Oct 24 to decide on the new CEO, according to a company press statement.

Yodchai Sudhidhanakul

Prior to his appointment as NokScoot CEO, Mr Yodchai was chief commercial officer at Nok Air, which he had joined at its inception in 2004.

During his 13 years with Nok Air, Mr Yodchai filled several senior positions. His experience in the travel industry also included a stint in online booking as Asia CEO of Flights. 

Chokchai Panyayong, chairman of the board of directors of NokScoot Airlines, said Mr Yodchai had a proven track record in multiple areas of airline operation over 13 years and strong leadership credentials.

He was well suited to lead NokScoot into an exciting growth phase in the coming years.

“I’m excited to begin my new role at NokScoot,”  Mr Yodchai said. He was confident NokScoot will continue to grow and become one of the leading airlines in the industry.

NokScoot Airlines started scheduled flights in May 2015, and currently operates services to six destinations: Nanjing, Qingdao, Dalian, Tianjin and Shenyang in China, and Taipei in Taiwan.

The carrier narrowed its loss in the first half by 48.9% year-on-year while raising revenue by 43.5%.

It posted a net loss of 118 million baht over that period, down from the 230 million-baht-loss incurred in the first half of last year.

First-half revenue was 2.63 billion baht, up from 1.83 billion year-on-year, according to a statement from the low-cost carrier.

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