This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.
Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.
Already an AWIN subscriber? Login
Did you know? Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.
Air Canada replaces CEO Brewer
Reeling from a C$1.03 billion ($824.3 million) loss in 2008 and facing worker discontent over a growing pension shortfall and the pending dissolution of parent company ACE Aviation Holdings, Air Canada yesterday announced a front office restructuring and the resignation of President and CEO Montie Brewer effective today.
He will be succeeded by Calin Rovinescu, who was an AC executive from 2000 to 2004 before joining Genuity Capital Markets, a Canadian investment bank.