Morrison Express has appointed Asok Kumar as its new Global Chief Executive Officer, effective August 1, 2025, following the company’s acquisition by Sagawa Express, a subsidiary of Japan’s SG Holdings. The move marks a significant milestone as Morrison is integrated into SG Holdings’ global logistics network.
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Airbus has announced a significant executive reshuffle, appointing Benoit Schultz as Chief Procurement Officer, effective 01 October 2025. Schultz succeeds Jurgen Westermeier, who will assume dual leadership roles as President of Airbus in India and Head of South Asia beginning 01 September 2025. Meanwhile, Remi Maillard will become EVP Engineering of Commercial Aircraft and Head of Technology.
Skyward Aviation Insights proudly introduces its founder and CEO, Aaron Bricker, a seasoned aviation professional with over 25 years of experience across global aviation enterprises. Aaron’s remarkable journey from a senior executive to the cornerstone of Skyward is a testament to his dedication to driving transformative business scaling strategies and operational excellence.
Korean Air has announced its plan to complete the integration of Asiana Airlines within the next two years, following the successful acquisition of a 63.88% ownership stake in its subsidiary. This acquisition marks a significant milestone in Korean Air’s strategic expansion and consolidation in the South Korean aviation market.
Breeze Airways (US) CEO David Neeleman has forecasted significant changes in the airline industry, predicting further consolidation in 2025 and beyond. Neeleman noted the likelihood of bankruptcy filings and even potential mergersoccurring within the next year as airlines face mounting financial and operational pressures.
Boeing has commenced the process of issuing layoff notices to 17,000 of its employees, a move set to reduce its workforce by 10%. This reduction comes as part of Boeing’s strategic efforts to stabilize its finances amid significant challenges impacting the aviation industry, particularly due to the reduced demand for air travel and aircraft orders…
Avation announced the repurchase of US$1.94 million in face value of its Senior PIK Toggle Notes due 2026, part of its ongoing efforts to manage liabilities and optimize its capital structure under the company’s global Medium Term Note (MTN) program.
