Royal Jordanian CEO Pichler said to have resigned last month
Stefan Pichler resigned as Royal Jordanian Airlines CEO at the end of September, the company said. Pichler, 63, joined the Amman-based company in 2017 and returned the airline to profitability by changing its pricing strategy and lowering operational costs. The airline’s load factor rose to 74.2% in 2019, a record high. The Middle-Eastern carrier has since been hammered by closures prompted by the coronavirus pandemic. It reported a loss of 67.4m dinars ($95m) in the first half of the year compared with a profit of 1.4m dinars a year earlier. Pichler resigned on Sept. 30 and plans to retire, the company said. Prior to joining Royal Jordanian, he led airlines including Air Berlin and Jazeera Airways, and held various senior roles at Virgin Australia. Royal Jordanian said it has started searching for a replacement. <br/>
https://portal.staralliance.com/cms/news/hot-topics/2020-10-09/oneworld/royal-jordanian-ceo-pichler-said-to-have-resigned-last-month
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Royal Jordanian CEO Pichler said to have resigned last month
Stefan Pichler resigned as Royal Jordanian Airlines CEO at the end of September, the company said. Pichler, 63, joined the Amman-based company in 2017 and returned the airline to profitability by changing its pricing strategy and lowering operational costs. The airline’s load factor rose to 74.2% in 2019, a record high. The Middle-Eastern carrier has since been hammered by closures prompted by the coronavirus pandemic. It reported a loss of 67.4m dinars ($95m) in the first half of the year compared with a profit of 1.4m dinars a year earlier. Pichler resigned on Sept. 30 and plans to retire, the company said. Prior to joining Royal Jordanian, he led airlines including Air Berlin and Jazeera Airways, and held various senior roles at Virgin Australia. Royal Jordanian said it has started searching for a replacement. <br/>
