The board of Finmeccanica has approved a major management reshuffle. Giovanni Castellaneta, currently diplomatic adviser to Italian prime minister Silvio Berlusconi, has been appointed group vice-president. Giorgio Zappa, president of Alenia Aeronautica, becomes chief executive of Finmeccanica. Marco Zanichelli, the former managing director of Alitalia, becomes assistant to Finmeccanica president Pierfrancesco Guarguaglini.
Source: Flight International
Airbus chief executive Guillaume Faury says the airframer has been “blindsided” by a sharp drop-off in CFM International Leap engine deliveries, and is waiting to see how soon the powerplant manufacturer can recover. Speaking at a half-year briefing on 30 July, Faury said the Leap delays were “not factored” into ...
Airbus is implementing a short-term cost-containment programme intended to support its production ramp-up efforts. Speaking during a first-half briefing, chief executive Guillaume Faury said the aim of the programme – which has been designated ‘Lead’ – is to prioritise serving the ramp-up and financial performance, and avoid being “distracted”. He ...
The US Department of Justice (DOJ) is taking another 10 days to review Alaska Air Group’s proposed acquisition of Hawaiian Holdings, with the airlines now agreeing not to close their planned deal before the period ends on 15 August.
