Kenya Airways hires new CE from Lot after huge losses
Kenya Airways has appointed Sebastian Mikosz, who oversaw the turnaround of Lot Airlines, to be its new CE as it seeks to recover from 4 years of massive losses. Mikosz, who is currently CE of eSky.pl, an online travel agency, will replace Mbuvi Ngunze, who has held the post for 2 years, June 1. Ngunze announced his resignation last November after a staff rebellion triggered by the slow pace of reform at the lossmaking airline. Michael Joseph, Kenya Airways chairman, said Mikosz, who ran Lot on two occasions, was the unanimous choice of the board and offered him his “full support”. Under Mikosz’s leadership, Lot made its first profit for 7 years in 2014. It has since expanded significantly, carrying some 5.5m passengers last year, up from 4m in 2015. Kenya Airways has more than US$1b of debt following a botched expansion plan. <br/>
https://portal.staralliance.com/cms/news/hot-topics/2017-05-05/sky/kenya-airways-hires-new-ce-from-lot-after-huge-losses
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Kenya Airways hires new CE from Lot after huge losses
Kenya Airways has appointed Sebastian Mikosz, who oversaw the turnaround of Lot Airlines, to be its new CE as it seeks to recover from 4 years of massive losses. Mikosz, who is currently CE of eSky.pl, an online travel agency, will replace Mbuvi Ngunze, who has held the post for 2 years, June 1. Ngunze announced his resignation last November after a staff rebellion triggered by the slow pace of reform at the lossmaking airline. Michael Joseph, Kenya Airways chairman, said Mikosz, who ran Lot on two occasions, was the unanimous choice of the board and offered him his “full support”. Under Mikosz’s leadership, Lot made its first profit for 7 years in 2014. It has since expanded significantly, carrying some 5.5m passengers last year, up from 4m in 2015. Kenya Airways has more than US$1b of debt following a botched expansion plan. <br/>
