CityJet founder returns as chairman

Regional airline CityJet has announced that its founder, Pat Byrne, is to rejoin the Board as chairman.

Byrne founded the airline in 1993 and was chief executive for seven years until CityJet was sold to Air France.

He returns to the Board to replace Peter Oncken, who was chairman for nine months and will remain on the board.

Oncken said: “The restructuring after the separation is on track and the recent refinancing deal signed before Christmas put the airline in a unique position to take advantage of new opportunities in the regional market.”

Jeremy Barnes, CEO of Falko, which recently completed a sales and leaseback arrangement with the airline for seven AVRO RJ85 aircraft, has also been appointed to the Board.

Sourced by Travelmole


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