Nishimatsu takes top spot

Japan Airlines (JAL) shareholders have confirmed the appointment of Haruka Nishimatsu as the carrier's new chief executive, enabling him to take over from embattled former top executive Toshiyuki Shinmachi.

Shinmachi is to become chairman. The changes were approved at the airline's annual general meeting.

Shinmachi announced in March that he would resign along with several other senior executives amid a staff revolt against their leadership of Asia's largest airline, which has been struggling financially. Shinmachi had only become chief executive a year earlier after long-serving chief executive Isao Kaneko stepped down.

Company veteran Nishimatsu, 58, was formerly senior vice-president finance and purchasing. He takes over an airline group that has been battling fuel costs and also safety issues. Nicholas Ionides Singapore

Source: Airline Business