France's news in English

Editions:  Europe · Austria · Denmark · France · Germany · Italy · Norway · Spain · Sweden · Switzerland

Air France appoints new CEO

Share this article

Air France appoints new CEO
Air France
09:59 CET+01:00

Alexandre de Juniac was officially named chief executive officer of Air France on Wednesday during a board of directors meeting, the company said in a statement.

"The appointment takes effect immediately," the statement said.

The 49-year-old Juniac served as chief of staff of IMF chief Christiane Lagarde when she served as France's finance minister.

He replaces Jean-Cyril Spinetta, who became interim CEO on October 17th when Pierre-Henri Gourgeon resigned. The 65-year-old Gourgeon had been appointed CEO on January 1st 2009.

In July, company shareholders voted to reappoint Gourgeon for another four-year term, but later that month the group reported a first quarter net loss of €197 million ($283 million) and warned that the outlook was uncertain for the rest of the year.

Get notified about breaking news on The Local

Share this article


The Local is not responsible for content posted by users.
Become a Member or sign-in to leave a comment.