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DECEMBER 2015

Week 51

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December 18th 2015

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SIA’s Goh exits Virgin Australia board

Singapore Airlines (SIA) chief, Goh Choon Phong, will step down from Virgin Australia’s board. Goh will be replaced by his alternate director, Marvin Tan Meng Hung. Read More »

The SIA boss’ resignation will take effect from January 1. Goh will be the second executive to leave Virgin’s board within the past twelve months, following James Hogan’s departure in February. The Etihad Airways chief was succeeded by senior Etihad executive, Bruno Matheu.


Chinese lessor’s C-Suite re-shuffle

China Aircraft Leasing Group Holdings (CALC) has appointed Barry Mok and Winnie Liu as deputy CEOs at China’s largest independent aircraft lessor, a statement company announced today. Mok retains his responsibilities as chief financial officer while Liu has the job of chief commercial officer added to her portfolio. Pitney Tan has been promoted to chief operating officer at the lessor.

CALC chairman and chief executive, Chen Shuang, said: “the new management will further speed up the development of CALC into a top-tier aircraft service provider in the global market, offering innovative and value-added fleet management for airlines worldwide.” CALC was the first listed aircraft lessor in Asia.


Fiji Airways appoints new chairman and director

Fiji Airways Group has announced changes to the company’s board of directors, following its annual general meeting, with a new chairman and director appointed. Incumbent chairman Nalin Patel, and director Stefan Pichler, were both farewelled by the shareholders, and succeeded on the board by Rajesh Punja, director of the Punja Group of Companies and Shaheen Ali, Fiji’s permanent secretary for industry, trade and tourism, respectively.

Aslam Khan, Sharvada Sharma and Andre Viljoen will continue their Fiji board appointments.


Sweeping changes at Rolls-Royce

Rolls-Royce is removing a “senior management layer” as part of its restructuring, designed to make the manufacturer a more resilient business and generate incremental gross cost savings of £150-200 million ($224-299 million) a year, which will see the departure of aerospace president, Tony Wood.

Starting January 1, Rolls-Royce will consolidate its activities into five business units: civil aerospace, defence aerospace, marine, nuclear and power systems.

Under the revamp, Rolls-Royce will merge its civil large engines (CLE) and civil small and medium engines (CSME) businesses into said civil aerospace division. The new entity will be led by current CLE president, Eric Schulz, who will become president of the civil aerospace arm after Wood’s departure.

“As a consequence of these changes, Tony Wood (president aerospace) has decided to leave the company,” Rolls Royce said. Wood has been with Rolls-Royce for 15 years. He will remain with the company into 2016, during the transition.

Rolls-Royce also named group director of engineering and technology, Colin Smith, as group president, from January 1, with his former role transferring to CLE engineering director, Chris Barkey.

As a further part of the management reshuffle, a new Rolls-Royce COO will be named in 2016.

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