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Zivile Zalagenaite
Ryanair to fire 900 pilots and cabin crew, blames MAX and Brexit

Ryanair has confirmed plans to fire “approximately” 900 of its current employees. The news comes days after the company reported a 21% plunge in profit.  Ryanair is planning massive job cuts, the company has confirmed to AeroTime: “Ryanair expects approx. 900 current staff could be impacted”. The company’s spokesperson did not provide details on what roles, locations and airlines within the Ryanair Group will be...


AeroTime Team
Muilenburg addresses new risk found on 737 MAX

A week after the U.S. Federal Aviation Administration admitted finding additional flaws in the Boeing 737 MAX software update, the company’s CEO Denis Muilenburg took to social media to address the issue. ...


AeroTime Team
Embraer names President and CEO nominee

Embraer is to nominate Francisco Gomes Neto, current President of Marcopolo,  to the Board of Directors for the position of President and CEO, the Brazilian plane maker announced on April 9, 2019. Current CEO, Paulo Cesar de Souza e Silva, is leaving on April 22, when his two year elected term ends....


AeroTime Team
Embraer CEO is leaving as partnership with Boeing moves on

As Boeing and Embraer are moving closer to their joint venture, current Brazilian company’s CEO is to end tenure at the end on April 2019, with a successor to be “recruited externally”.  ...


Ruta Burbaite
Korean Air: from raging heiresses to chief’s embezzlement probe

Another scandal hits the largest airline and flag carrier of South Korea, and this time it involves the man at the top. Korean Air Lines Chairman and CEO is set to stand trial in an embezzlement case as prosecutors say he took millions-of-dollars in fees meant for the carrier by unfairly awarding contracts to family-owned businesses.  ...


Zivile Zalagenaite
New CEO to take control of scandal-ridden Air Asia India

After corruption scandals and several months without a CEO, Air Asia India has a new head. Sunil Bhaskaran, currently corporate affairs VP at Tata Steel, was appointed as the airline’s CEO and managing director effective November 15, 2018....


AeroTime Team
Official: Faury becomes Airbus Chief Executive Officer

Airbus has officially confirmed that Guillaume Faury is to replace current company Chief Executive Officer (CEO) Tom Enders after his tenure on April 10, 2019....


Ruta Burbaite
Airbus speeds up CEO search with a favorite in mind

Several sources familiar with the matter have indicated a company insider favored to succeed the outgoing boss Tom Enders is likely to be named much sooner than Airbus’ end-year target...


AeroTime Team
Finnair appoints new CEO, Vauramo leaves immediately

Finnair, Finland’s flag carrier and the biggest airline, is experiencing a leadership changes. The airline has just appointed Nordea banker Topi Manner as its Chief Executive. However, Manner is to take up the role only as of January 1, 2019, while the current CEO − Pekka Vauramo − is leaving immediately....


Clement Charpentreau
Ben Smith named CEO of Air France-KLM despite union objection

Benjamin Smith, currently second in command at Air Canada, was officially named CEO of Air France-KLM group by the board of directors on August 16, 2018....