Virgin Blue Deputy CEO and COO Rob Sherrard resigned for what he called "long considered and purely personal reasons." He was co-founder of the airline and oversaw its operations from its inaugural flight on Aug. 31, 2000. CEO Brett Godfrey paid tribute to Sherrard as a "strong leader" and "a mentor to many," adding he "made an outstanding contribution." Andrew David, previously GM-Pacific Airline for Air New Zealand, will replace Sherrard as COO.

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