Spanair CEO’s resigns

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Lars Nygaard, CEO of the SAS Group subsidiary Spanair has resigned from his position with immediate effect to assume a new position outside the SAS Group.

Nygaard’s departure follows Grupo Marsans head and Spanair co-founder Gonazalo Pascual’s who stepped down as chairman of the carrier last month, as Grupo Marsans was rumoured to be preparing a bid for the full control of Spanair.

The carrier is 100% owned by SAS after Marsans-related investment vehicle Teinver sold its remaining 5% stake in the airline. However it is rumoured that Grupo Marsans will be looking at buying Spanair as a way of feeding its long haul network plans. Last month it signed a memorandum of understanding with Airbus for the purchase of 61 aircraft including 10 A350-900s, four A380-800s, five A330-200s and 42 A320 family aircraft.

Spanair’s chief financial officer Marcus Hedblom, will take over as CEO of Spanair.