US-based Air Lease Corporation has appointed Grant Newman as its new Senior Vice President and Treasurer, effective March 17, 2025. Newman’s appointment is part of Air Lease’s strategic initiative to strengthen its financial management and executive leadership team.
Please SUBSCRIBE to view the full content.
First month of membership is free!
Air Lease Corporation (ALC) and several of its subsidiaries have successfully negotiated settlement agreements with a number of insurers, resulting in a substantial cash inflow of $328.5 million. These settlements are a significant part of ALC’s efforts to recuperate losses stemming from its $791.0 million write-off related to its aircraft interests that were detained in Russia.
Virgin Australia has confirmed that Paul Jones, the airline’s Chief Customer and Digital Officer, will not assume the role of Chief Executive Officer following the planned retirement of current CEO Jayne Hrdlicka. This decision comes amid external pressures and internal deliberations concerning the airline’s leadership succession.
US-based carrier Southwest Airlines has officially taken delivery of a new Boeing B737-8, serial number 68626, powered by advanced CFM International LEAP-1B28 engines. This aircraft addition further supports Southwest’s ongoing strategy for fleet modernization and operational efficiency.
The Nigerian government has called for a bench warrant against Hathiramani Ranesh, the Managing Director of Dana Air, following his failure to appear before the Federal High Court in Abuja. The case involves allegations of fraud totaling $786,000 (approximately ₦1.3 billion), with the Nigerian authorities pushing for legal action due to Ranesh’s absence at scheduled court proceedings. This development reflects Nigeria’s increasing focus on holding corporate…
Air Mauritius has announced the appointment of Kremchand Beegoo as its new chairman, leading the airline’s strategic direction. Alongside Beegoo, the company has introduced a new board comprising 13 members to support the airline’s governance and operational objectives. The reshuffling of the leadership comes during a pivotal time for Air Mauritius, as the carrier continues its recovery and…
SkyAlps, the Italian regional airline, has reinforced its management team in preparation for the summer 2025 season, appointing Alberto Casamatti as Accountable Manager and Valerio Dell’Angela as Postholder CAMO (Continuing Airworthiness Management Organisation). These strategic additions are intended to bolster operational integrity, regulatory compliance, and the airline’s growth trajectory.
