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).

Subscribe to Access this Entire Article

"Austrian Airlines appoints new CEO" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions?

Already registered? here.