IAG replaces BA CEO with Aer Lingus boss By Reuters

© Reuters. FILE PHOTO: British Airways logos are seen on tail fins at Heathrow Airport in west London

LONDON (Reuters) – Airlines group IAG (L:) named Aer Lingus boss Sean Doyle as the new chief executive of British Airways, replacing Alex Cruz in the top job, one of a number of management changes announced by IAG’s new chief executive after a month in the job.

Luis Gallego, who took over as IAG CEO in September as the company tries to survive the COVID-19 slump in travel, stamped his mark on IAG on Monday, by promoting former BA employee Doyle to head up the company’s biggest airline BA on Monday.

Cruz had been BA boss since 2016 and will stay on as its non-executive chairman for a transition period, IAG said in its statement. Cruz and Gallego had previously worked together at Spanish airline Vueling, now also owned by IAG.

The last few months of Cruz’s tenure have been tough, as he was tasked with driving through 12,000 job cuts at BA, making him a frequent target of trade union hostility.

IAG said that the CEO of another of its airlines, LEVEL, would take on the new role of group chief transformation officer, while it named Aer Lingus insider Donal Moriarty as interim CEO.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Be the first to comment

Leave a Reply

Your email address will not be published.


*