Reported about 7 hours ago
Air New Zealand announced that CEO Greg Foran will resign in October after five years, as the airline faces significant challenges including global supply chain disruptions and engine maintenance issues. Foran, who joined as the COVID-19 pandemic emerged, has managed crises such as shortages and aircraft groundings while overseeing a retrofit program for the airline's Dreamliners. The company is searching for a successor after reporting an 18% drop in first-half profit due to these ongoing struggles.
Source: YAHOO