Air New Zealand CEO Greg Foran Resigns After Five Years at the Helm

Highlights:

• Greg Foran will step down as CEO of Air New Zealand on October 20.
• He led the airline through the challenges of the COVID-19 pandemic.
• The company is now focused on continued growth and leadership transition.

Leadership Change at Air New Zealand

Air New Zealand Limited (NZX: AIR) has announced that its Chief Executive Officer, Greg Foran, will step down from his role on October 20. At the time of writing, Chair Therese Walsh confirmed that Foran informed the board of his decision, stating that he believes the airline is in a strong position for future growth and innovation.

Navigating Through Challenging Times

Foran took on the leadership role five years ago, right as the COVID-19 pandemic disrupted global air travel. His tenure began the day after the airline suspended flights to Shanghai, marking the start of one of the toughest periods in aviation history. Under his leadership, Air New Zealand navigated border closures, financial hurdles, and operational challenges to emerge as a more resilient carrier.

Future Prospects for Air New Zealand

With Foran’s departure, the airline is expected to focus on maintaining its recovery momentum while searching for a successor to lead its next phase of growth. The company remains committed to innovation and expansion in the evolving aviation landscape.

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