Edelweiss Air, Switzerland’s leading leisure airline, has announced the appointment of Jens Fehlinger as the new Chairman of the Board of Directors. Fehlinger steps into the role, succeeding Dieter Vranckx, who previously led the board with a focus on growth and strengthening Edelweiss’s market position. Fehlinger’s appointment signals Edelweiss Air’s commitment to continuity in leadership while bringing fresh perspectives…
Boeing has announced the upcoming retirement of Elizabeth Lund, the Head of Quality for Commercial Airplanes, set for December 2024. Lund, a longstanding leader in Boeing’s quality division, will be succeeded by Doug Ackerman, currently VP of Supply Chain and Fabrication Quality. Lund’s retirement marks the end of a distinguished career dedicated to maintaining Boeing’s quality standards, particularly in the commercial…
Alain Battisti, CEO of Chalair Aviation, has announced his decision to appeal to the Court of Cassation after the Limoges Court of Appeal upheld a ruling implicating him in complicity in concealed work. This legal battle has garnered attention in the aviation sector, as it addresses serious allegations of concealed work practices within Chalair. Battisti’s appeal to France’s highest court reflects…
Avianca, Colombia’s flagship airline, has announced the appointment of Nicolas Alvear Velastegui as the Group’s new Chief Financial Officer (CFO). Alvear Velastegui is set to take office on 1 January 2025, bringing his extensive financial expertise to Avianca as the airline pursues strategic initiatives aimed at enhancing financial stability and operational growth. His appointment highlights Avianca’s commitment to reinforcing…
Aerolineas Argentinas, Argentina’s national carrier, is at risk of closure as the government, led by Javier Milei, has proposed a privatization process to address the airline’s financial struggles. This privatization plan is seen as a critical measure to ensure the airline’s sustainability, but it has encountered resistance from employees and unions concerned about job security and potential changes…
IAG CEO Luis Gallego has not yet confirmed whether the group will take part in Globalia’s proposed capital increase for Air Europa, aimed at strengthening the Spanish airline’s financial stability. This potential investment would enhance Air Europa’s fiscal resilience, particularly valuable as the airline seeks to recover from recent economic challenges and compete effectively within Europe.
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…
Thai Airways International faces strong opposition from its labor union and creditors regarding a proposed amendment to its business rehabilitation plan. The amendment seeks to add two government officials as administrators of the airline’s rehabilitation process, a move that has stirred concerns among stakeholders. Both the labor union and creditors argue that appointing government officials as administrators could influence the airline’s management and…
Aergo Capital, a leading aircraft leasing and trading company based in Ireland, has announced the appointment of Aengus Whelan as its new Chief Trading Officer, effective November 4, 2024. Whelan succeeds Nathan Riggs, who recently resigned from the company.
Southwest Airlines has announced the appointment of Rakesh Gangwal as the new independent Chair of its Board of Directors. This significant leadership change comes as part of the airline’s broader governance efforts to enhance oversight and strategic guidance. The appointment of Gangwal, a respected figure in the aviation industry, underscores Southwest’s commitment to strengthening its…
