Air Canada has announced a significant leadership reshuffle set to take effect on 01 May 2025, with the appointment of three senior executives to newly defined roles as the airline prepares for its next strategic growth phase.
Adria Airways, the defunct Slovenian national carrier, is again in the spotlight as its former CEOs, Arno Schuster and Holger Kowarsch, are set to stand trial following the breakdown of mediation attempts related to the airline’s 2019 collapse. The case involves a damages claim of $89 million, brought forward by state-appointed administrators and creditors.
SpiceJet has encountered a regulatory setback as India’s capital market regulator declined a request by the Elara India Opportunities Fund (Mauritius) to convert warrants worth over US$46.8 million into equity shares. The Securities and Exchange Board of India (SEBI) cited non-compliance with beneficial ownership disclosure requirements as the basis for its decision.
Vietravel Airlines, the Vietnamese carrier backed by the Vietravel tourism group, has announced key executive leadership changes as part of its ongoing organizational development. Nguyen Duc Anh has been appointed as Deputy General Manager and Director of the Technical Department, while Nguyen Quang Dat has been named Director of Flight Operations and Flight Crew Leader.
Capital A, the parent company of AirAsia, has taken a major step forward in its corporate restructuring process by issuing a Circular to Shareholders that outlines its Proposed Regularisation Plan. The plan includes a capital reduction of up to $1.3 billion, which aims to facilitate the company’s exit from Practice Note 17 (PN17) status on the Bursa Malaysia stock exchange.
Altavair, a U.S.-based aviation investment and leasing firm, has announced the appointment of Beng Yip as Senior Vice President of Marketing and Head of Asia Pacific, marking a significant expansion in its executive leadership focused on the region. This move reflects Altavair’s intent to deepen its footprint in one of the fastest-growing aviation markets in the world.
AerCap Holdings, the world’s largest aircraft leasing company, has announced the appointment of Victoria Jarman as Non-Executive Director to its Board. This leadership update coincides with the reappointment of Chairman Paul Dacier, CEO Aengus Kelly, and Non-Executive Directors James Lawrence, Jennifer VanBelle, and Michael Walsh, reinforcing continuity at the top of the organization.
Volotea (Spain) has appointed Nathan Bailey as its new Fleet Director, strengthening the airline’s technical leadership team as it continues its fleet expansion and renewal strategy. Bailey joined the company in early 2025, and his promotion signals a strategic emphasis on experienced leadership to guide aircraft acquisition, leasing, and optimization processes.
Skymark Airlines (Japan) has announced a significant leadership transition, appointing Sato Yoshinobu as its new Chief Executive Officer (CEO). The announcement also includes the formal step-down of Hora Hayao, who had been serving as Chairman, and will now transition into a part-time advisory role.
Bonza (Australia) has received a key legal closure following the announcement that former directors of the airline will not face any action from the country’s securities regulators in relation to its recent collapse. The decision brings some finality to one of the most high-profile startup airline failures in recent Australian aviation history.
