KIWI INTERNATIONAL Airlines has gone through its second management shake-up of the year, with Byron Hogue resigning as chief executive. Kiwi president Danny Wright assumes Hogue's post.
The troubled carrier has offered no explanation for the move, but there are reports of a power struggle between Wright and Hogue.
The change in airline leadership is a response to a court order calling for settlement of Kiwi's management structure.
Hogue had replaced Robert Iverson as Kiwi's chairman in February. The retired Federal Express executive later took on the additional duty of chief executive. The deposed Iverson has sued Kiwi for mismanagement.
Wright, an aviation consultant, also joined Kiwi early this year. With 1,000 workers and 14 Boeing 727-200s, Kiwi has offered low-cost air fares on six domestic routes from New York/Newark since 1992.
The airline reported a $14 million loss in 1994, but hopes to turn a profit this year. It generated more revenue in March than in any previous month of operation, and it expects a stronger April.
Source: Flight International