Embattled Japan Air Lines is set to have a new CEO, the 77 year old founder of electronics company Kyocera, Kazuo Inamori. He will replace Haruka Nishimatsu, who had indicated he would resign as part of the airline’s restructuring. JAL is expected to soon file for bankruptcy as it deals with the burden of US$16
Jetstar Pacific’s woes have intensified following the reporting of details of a Civil Aviation Authority of Vietnam (CAAV) report that found that the part Qantas Group owned airline had violated maintenance regulations. The CAAV report was quoted as saying three Jetstar Pacific officials, former CEO Luong Hoai Nam and two foreigners in charge of the
British Airways has announced the appointment of Nicole Backo as its new Sydney based regional commercial manager in charge of South-West Pacific operations. Backo succeeds Sam Heine, who is taking on the role of manager of strategic supplier partnerships at HRG Australia, a BA industry partner. She is now responsible for British Airways’s operations in
Qantas’s sixth Airbus A380, VH-OQF Charles Kingsford Smith (MSN029) landed at Sydney Airport at approximately 8:45am today after its delivery flight from Toulouse via Singapore as QF6028. The first A380 to be delivered in 2010, VH-OQF was handed over to Qantas in Toulouse on January 8. Airbus says it plans to deliver at least 20
Japan Airlines will slash a third of its workforce, will reject billion dollar cash offers from American Airlines and Delta, and may file for bankruptcy as it seeks to turn itself around, according to Japanese media. The Kyodo News reports the airline will slash 15,600 jobs over the next three years and will take on
The Vietnamese government has prevented two Australian executives of Jetstar Pacific, COO Daniela Marsilli and CFO Tristan Freeman, from leaving the country and is holding former CEO Luong Hoai Nam in custody as it investigates fuel hedging losses at the airline. Marsilli (a former managing director of National Jet, now Cobham Aviation Services Australia) and
