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Flybe CFO resigns, three board members step down

Europe's largest regional airline Flybe Group Plc , which appointed a new chief executive last month, said its chief financial officer had resigned.The group said that Andrew Knuckey, who has been CFO since 2007, would leave the company after his successor is appointed and a suitable handover period is completed.Flybe Group Plc had appointed former easyJet and Air Berlin executive Saad Hammad as its CEO last month. Hammad took charge on August 1.The airline on Monday also appointed Paul Simmons as Chief Commercial Officer, effective October 28. Simmons joins from easyJet where he was Director, UK market.Flybe added that three board members - the director of corporate strategy, the managing director of outsourcing solutions and the managing director of Flybe UK - would step down from the board immediately.Faced with soaring fuel costs, falling passenger numbers and higher airport charges, Flybe has undergone a major restructuring -- axing 590 jobs and pledging to quit its main London hu...

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  1. Airline Flybe names former easyJet executive as CEO

    Europe's largest regional airline Flybe Group Plc said it named Saad Hammad, a former executive at rival easyJet and Air Berlin , as chief executive, sending its sha...

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    Ryanair Holdings PLC (RYA.DB) on Monday raised its full-year forecasts after posting a 21% increase in third-quarter profit, more evidence of how Europe's discount a...

  4. Air Berlin to cut 900 jobs in savings drive

    German airline Air Berlin , part-owned by Abu Dhabi-based carrier Etihad, plans to cut almost 10 percent of its workforce of 9,300 as part of a cost-cutting campaign...

  5. Air Berlin Chief Steps Down

    The chief executive of Air Berlin PLC (AB1.XE) stepped down Monday amid turbulent times for Germany's number two airline, in the red since 2008 and in the middle of ...

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