Sama announces management change
SAUDI ARABIA. Sama, the newest low fare airline in Saudi Arabia, announced today that Bruce Ashby would be joining Sama with effect 1 December 2008 to succeed Andrew Cowen, CEO and co-founder of Sama. After nearly four years leading the start-up and initial growth phase of Sama, Cowen decided that on expiry of his contract with Sama in December 2008 it was time to hand over the day to day management of Sama to a new CEO, to help take Sama through the next phase of its growth.
Sama Chairman, HRH Prince Bandar Bin Khalid AlFaisal, said: “I would like to thank Andrew for his relentless efforts and huge contribution that made Sama what it is today. Despite many obstacles, he has brought into being the common vision we both shared from our very first meeting, of a quality, low fares airline for Saudi Arabia and the Middle East. At the same time, I would like to welcome Bruce Ashby as a valuable addition to the Sama family.
We look forward to Bruce continuing to take Sama forward, as we seek to become the leading and best low fares airline throughout the Middle East.”
Bruce Ashby, former President and Chief Executive Officer of IndiGo Airlines, one of India’s most aggressive low fares carriers, has a strong airline background. Ashby led Indigo Airlines as President and CEO for three years through its launch and initial growth. Prior to IndiGo he served as the Executive Vice President-Marketing and Planning of US Airways. He also handled finance, operations, corporate development, planning and marketing at earlier stages in his career at US Airways.
Andrew Cowen, CEO of Sama said: “Leading Sama on behalf of Prince Bandar, the shareholders and the board, from inception through to its successful launch and expansion, has been an honour and a privilege.
"With Sama having achieved profitability in August and September of this year, with 1.5 million guests carried to date and with an international route network spanning the Middle East, now I believe is the right time to hand over the day to day leadership of Sama. I extend my best wishes to Bruce who takes on a great Sama team without which, none of Sama’s considerable accomplishments would have been possible."
Bruce Ashby said: “I am very honoured and excited to take on the opportunity of continuing the development and growth of Sama, which has quickly established itself as one of the leading, emerging new airlines in the Middle East. I look forward to working with the board and Sama team to take Sama through the next stage of its expansion.”