CEO of Kuwait’s Jazeera Airways to move to Fiji Airways

Stefan Pichler is to leave the Kuwait carrier on August 29 after four years

Stefan Pichler

Stefan Pichler

Stefan Pichler, the CEO of Kuwaiti carrier Jazeera Airways who tendered his resignation at the weekend, is to move to Fiji Airways, it has been confirmed.

Pichler will leave the Kuwait carrier on August 29 and will start his position at Fiji on September 1. The German joined Jazeera Airways in 2009 and is credited with turning around the fortunes of the Kuwait carrier.

The airline more than tripled its net profit in the first quarter of 2013, reporting its best Q1 performance on record. Revenue of KD14.7m ($51.4m) represented a 15.7 percent increase, compared to Q1 last year, while net profit rose to KD3.6m, up 229.4 percent.

Pichler previously worked at Virgin Blue as chief commercial officer and launched its long haul carrier V Australia in 2008 as its chairman. He was also chairman and CEO of Thomas Cook and held a senior role at Lufthansa.

“Mr Pichler is a proven chief executive with a strong track record in turning businesses around and growing them to new levels,” Fiji Airways chairman Nalin Patel said.

Launched as Air Pacific in 1951 but rebranded Fiji Airways earlier this year, the carrier is 46 percent owned by Qantas, which recently signed a partnership with Dubai’s Emirates Airline.

Related:
Companies
Join the Discussion

Disclaimer:The view expressed here by our readers are not necessarily shared by Arabian Business, its employees, sponsors or its advertisers.

NOTE: Comments posted on arabianbusiness.com may be printed in the magazine Arabian Business

Please post responsibly. Commenter Rules

  • No comments yet, be the first!

All comments are subject to approval before appearing

Further reading

Features & Analysis
The cost of the US laptop ban

The cost of the US laptop ban

Aviation analysts and airline bosses are warning of significant...

Q&A: The laptop ban and what it means when flying from Dubai and Abu Dhabi

Q&A: The laptop ban and what it means when flying from Dubai and Abu Dhabi

Couldn't a laptop with a bomb inside still pose a danger within...

After all the hype, what's the future for Hyperloop One

After all the hype, what's the future for Hyperloop One

Los Angeles-based Hyperloop One may have struck a deal this month...

1
Most Discussed
sponsoredTracking