The Supervisory Board of Austrian Airlines (OS) appointed Jaan Albrecht as the airline’s CEO, effective Nov. 1. In addition to Albrecht, the executive board team will include CCO Andreas Bierwirth and COO Peter Malanik. Lufthansa executive board member and Group airline chief officer Stefan Lauer confirmed that OS will not reach its 2011 full-year profit target and will post a loss (ATW Daily News, Aug. 25).
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