Air New Zealand has announced that Nikhil Ravishankar, its current Chief Digital Officer, will become the airline’s new Chief Executive Officer, succeeding Greg Foran, who steps down on 20 October. Ravishankar’s promotion marks a significant leadership shift, bringing deep digital expertise and strategic insight to the helm of one of the region’s most recognized carriers.
Ryanair CEO Michael O’Leary is set to receive shares worth an impressive $111 million as part of a performance-based incentive program. The payout comes after the company met a significant performance target, signaling the airline’s robust operational and financial health despite industry challenges.
British Airways CEO Sean Doyle has sold 650,000 shares in the airline’s parent company, International Airlines Group (IAG), generating proceeds of approximately $2.8 million. The sale was disclosed through regulatory filings and reflects a significant personal divestment at a time when airline stock prices remain under scrutiny by investors.
