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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.


 

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To find out about obtaining additional data – including the most comprehensive details on organizations, fleets, personnel and programs – click here or call +1.561.279.4661.


 

As a subscriber to one of Aviation Week Network’s market briefings, your searches only provide you with access to articles from within that product.

To find out about obtaining additional data – including the most comprehensive details on organizations, fleets, personnel and programs – click here or call +1.561.279.4661.