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JUNE 2017

Week 22

People

Royal Jordanian appoints ex-airberlin Pichler as CEO

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June 2nd 2017

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Royal Jordanian has appointed former airberlin CEO, Stefan Pichler, as its new chief executive, effective June 1. Read More » Pichler will be replacing Suleiman Obeidat, who has been leading the Amman-based carrier since October 2015.

Pichler is not without controversy. He stood down as airberlin CEO in January amid record losses and a failed restructuring.

Nevertheless, Royal Jordanian chairman, Said Darwazah, said Pichler had been selected for his “professional capabilities and rich experience directly related to the management and the operation of international airlines.”

Darwazah further noted that the flag carrier would be “investing in human capital, adopting advanced technical applications and deploying creative marketing techniques to increase the airline’s revenue and enhance its competitiveness.”

Royal Jordanian continues struggling. The airline has not got a strong market proposition in the face of its much larger and state-funded neighbours Emirates Airline, Etihad Airways and Qatar Airways.


SIA appoints independent director to board

Singapore Airlines (SIA) has announced the appointment of Simon Cheong to its board as an independent non-executive director.

Cheong, 60, is chairman and CEO of SC Global Developments Pte Ltd, a leading luxury high-end residential developer in Singapore. He has more than 30 years of experience in real estate, banking and international finance, having established SC Global in 1996 and growing it to today’s market capitalisation of more than US$1 billion.

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