Eurowings (Germany) has announced the appointment of Irina Haselmann as managing director of its newly launched tour operator, Eurowings Holidays. This move aligns with the airline’s strategic expansion into the travel and tourism sector, offering customers comprehensive holiday packages.
CAE (US) has announced the appointment of four new directors to its Board of Directors, including Calin Rovinescu, who will serve as the Chair of the Board. The new board members include Peter Lee, Katherine Lehman, and Louis Tetu, bringing extensive leadership and industry expertise to CAE’s governance team.
Alliance Airlines (Australia) has announced a 9.5% increase in statutory profit before tax, reaching $26.2 million for 1H FY2024, while revenues rose by 11.3% to $211.6 million for the period ending 31 December 2024. The company also confirmed the appointment of James Jackson as chairman.
Norwegian has implemented Program X, a strategic profitability program aimed at enhancing cost efficiency and operational synergies. The initiative is led by Jeanette Bo-Alnes, the newly appointed Chief Performance Officer, and will run until at least the end of 2026.
Eviation (US), the developer of the all-electric Alice aircraft, has reportedly laid off most of its workforce as it seeks new funding sources to continue operations. The move highlights ongoing financial difficulties for the company as it attempts to navigate challenges in the electric aviation sector.
airBaltic (Latvia) has announced a temporary 40% wage reduction for its management board, a voluntary decision aimed at supporting the airline’s financial stability ahead of its planned initial public offering (IPO). The measure will remain in effect until the successful completion of the share listing process.
On February 11, 2025, airBaltic held a shareholders’ meeting where Andrejs Martinovs and Lars Mydland were elected to the Supervisory Board. Martinovs will serve as Chairman, while Mydland will take on the role of Vice Chairman.
Air France CEO Anne Rigail has raised concerns over the French government’s 2025 budget, which includes a sharp increase in the solidarity tax on airline tickets. She warns that this move could lead to a $100 million revenue decline, impacting the airline’s profitability and competitiveness.
Southwest Airlines has announced that board members Eduardo F. Conrado and Elaine Mendoza will step down in April 2025, finalizing a board restructuring that began in 2024.
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.
