Euro Direct Airlines of Slough, Berkshire, UK, has appointed Rex Lezard managing director. Lezard, who has previously held senior management positions with British Airways, was most recently chief executive of Air Malawi.
Source: Flight International
Hong Kong’s Cathay Pacific group remained in the black its half-year earnings, though it saw its operating profit decrease on the back of shrinking yields and rising fuel costs.
Cathay Pacific has selected the Airbus A330-900 as its new mid-sized widebody replacement, after placing a firm order for 30 new aircraft with rights for another 30.
Chile’s LATAM Airlines Group has pledged to invest $2 billion in Brazil in the next two years, focusing on “products, technologies and services for passengers as well as aeronautical maintenance activities”.
