Air Berlin chief executive Joachim Hunold is to resign from the carrier, following the unveiling of a major restructuring programme aimed at returning the German airline to profitability.
Hunold intends to end his tenure as chief executive on 1 September, but said he wishes to remain a non-executive director at the airline.
He has suggested that Air Berlin board member Hartmut Mehdorn assume the role of interim chief executive.
Source: Air Transport Intelligence news
The financial impact of grounding its 65 Boeing 737 Max 9s in January pushed Alaska Air Group to a $132 million loss in the first quarter of 2024.
UK low-cost carrier EasyJet expects to post a pre-tax headline loss of between £340-360 million ($423-448 million) for the six months ended March 2024.
A group of US consumers have filed a lawsuit in a federal district court to block on anticompetitive grounds Alaska Airlines’ proposed $1.9 billion acquisition of rival West Coast carrier Hawaiian Airlines.
