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Air France CEO to Resign in July

In preparation for his new role as head of the International Air Transport Association, Alexandre de Juniac plans to resign from his role as CEO of Air France-KLM in July of this year. De Juniac has served as chairman and CEO of France’s national airline since 2011 after leaving his position as a staff member of former French Minister of Economy Christine Lagarde, and Air France-KLM Group’s Board of Directors is preparing to introduce his successor by August 2016 at the latest.

“I would like to thank all those at Air France-KLM who for almost 5 years now have been fully committed to achieving together our recovery and restoring the conditions for growth,” said de Juniac. “I will continue to fulfill my responsibilities until I hand over to my successor at the end of July, and I will continue to defend air transport and all airlines – including Air France-KLM – in my new role.”

To read more on this story, go to Business Insider.

[Photo: PRM/SIPA]

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