Black Friday is Now! Don’t miss out on up to 60% OFF InvestingProCLAIM SALE

Air France-KLM says CEO to leave airline for top IATA post

Published 05/04/2016, 17:02
Updated 05/04/2016, 17:10
© Reuters. File photo of Chairman and CEO of Air France-KLM Alexandre de Juniac outside the Air France headquarters at the Charles de Gaulle International Airport in Roissy on the third day of an Air France one-week strike

PARIS (Reuters) - Air France-KLM Chief Executive Officer Alexandre de Juniac will leave the company to join the International Air Transport Association (IATA), the Franco-Dutch airline group said on Tuesday.

De Juniac's appointment as director general of the global airline industry association is slated to occur by Aug. 1 at the latest, Air France-KLM said in a statement.

Air France's board has hired a headhunter to find a replacement for the former French treasury and defence company official.

IATA, which represents some 260 carriers or 80 percent of the world's airline industry, said de Juniac's appointment would be confirmed at its annual meeting in Dublin in June.

© Reuters. File photo of Chairman and CEO of Air France-KLM Alexandre de Juniac outside the Air France headquarters at the Charles de Gaulle International Airport in Roissy on the third day of an Air France one-week strike

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.