From Travel Mole:
Fastjet CFO resigns
Budget African airline Fastjet, which is backed by easyJet founder Sir Stelios Haji-Ioannou, is to lose its chief financial officer.
Angus Saunders has announced he is stepping down for personal reasons. He is also quitting his role as executive director of the Boad.
Last week, the airilne announced a full-year loss of $47.6 million.
Nick Caine, currently chief financial officer of Fiji Airways will take over both Saunders' roles on August 11.
The airline said Saunders and Caine will work together over the next two months "to ensure a smooth and orderly succession".
Interim chairman and chief executive Ed Winter said: While we are sad to see Angus leave, we thank him for his contributions during an important growth period in fastjet's history and wish him well for the future. We are pleased to welcome Nick, who has a strong track record in the aviation industry, in particular with airline start-ups, and we look forward to his involvement in fastjet's next stage of growth."
Tuesday, July 1, 2014