Magnetic Line (Netherlands) has announced the appointment of Steven Williams as its new Managing Director, effective November 2024. Williams will assume leadership responsibilities, guiding the company’s operations and strategic direction.
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Lufthansa, Germany’s flagship carrier, is making strides in its efforts to return to profitability, according to CEO Jens Ritter. While the initial success of the airline’s restructuring plan is promising, Ritter acknowledges that there is still work to be done to achieve sustained financial recovery.
ORIX Aviation, the Ireland-based aircraft leasing and asset management company, has announced the promotion of Cian Coakley to the role of Chief Revenue Officer (CRO). This leadership change reflects the company’s strategic emphasis on revenue growth, portfolio optimization, and commercial agility in a dynamic global leasing environment.
Polish Aviation Group (PGL), the state-owned holding company overseeing LOT Polish Airlines and other aviation-related subsidiaries, has appointed Radoslaw Stepien as its new chief executive officer, replacing Michal Fijol.
China Southern Airlines has announced the suspension of its proposed plan to spin off and publicly list its wholly-owned subsidiary, China Southern Air Logistics Company Limited, on the Shanghai Stock Exchange (SSE). This decision comes in response to the prevailing market environment, which the company deems unfavorable for such a move at this time.
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.
GOL, the Brazilian low-cost carrier, has received approval from a U.S. bankruptcy court for its comprehensive restructuring plan under Chapter 11 proceedings. The approval marks a key milestone in the airline’s financial recovery and long-term sustainability efforts.
