Boeing has announced the immediate departure of Ziad Ojakli, its head of government affairs and top lobbyist. The company has appointed Bill McSherry as his interim replacement, ensuring continuity in its government relations and lobbying efforts.
Aero Contractors (Nigeria) CEO Ado Sanusi has urged the Federal Government to reverse the current high interest rates affecting businesses in the country. Sanusi emphasized that a reduction in interest rates is crucial for Nigerian airlines to fully benefit from the Cape Town Convention protocol, which aims to facilitate asset-based financing and leasing for aircraft.
Chorus Aviation (Canada) has finalized the sale of its Regional Aircraft Leasing segment, including Falko (UK), to HPS Investment Partners (US). The transaction represents a significant strategic shift for Chorus as it focuses on its core operations and streamlines its corporate structure.
Air India has announced a leadership transition as Klaus Goersch, the airline’s Chief Operating Officer (COO), will step down in January 2025. Klaus will assume the role of Executive Vice President (EVP) and COO at Atlas Air Worldwide Holdings (US). His successor will be Basil Kwak, a senior executive from Vistara, marking another significant personnel movement within the Tata Group’s aviation ventures.
Flyadeal, Saudi Arabia’s low-cost airline, is evaluating its options for introducing widebody aircraft into its fleet. CEO Steven Greenway has indicated that a decision will be made by the end of 2024. The airline is considering new Boeing 787 Dreamliners, new Airbus A330neos, or used B787-9s already available within the Saudia Group.
Tulpar Air, a Russian airline, has been ordered by the Arbitration Court of the Republic of Tatarstan to pay US$4.2 million to its former director, Azat Khakim. This legal ruling concludes a significant dispute between the airline and its former executive.
SAS (Sweden) is exploring the possibility of returning to a publicly listed company through an Initial Public Offering (IPO), according to CEO Anko Van der Werff. This move is being considered in light of Air France-KLM’s current decision to maintain its existing stake in the airline rather than increasing it.
LOT Polish Airlines (Poland) has announced the temporary appointment of Tomasz Ludwicki as interim president. This decision comes as part of a transitional phase following leadership changes within the airline.
Jet Airways (India) has entered a new phase in its liquidation process with the appointment of Satish Kumar Gupta as its liquidator. The decision was made by the National Company Law Tribunal (NCLT) following a Supreme Court order that permits the sale of the grounded airline.
Go First (India) has reached a significant milestone in its bankruptcy proceedings, with the committee of creditorsapproving Dinkar Venkatasubramanian as the liquidator. This decision is expected to guide the airline’s resolution process, ensuring compliance with legal and financial frameworks.
