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

  • Share via facebook
  • Tweet this
  • Bookmark and Share
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

Market Performance

Jazeera Airways
420.0
10.0 2.44 (%)
Join the Discussion

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

Please post responsibly. Commenter Rules

  • No comments yet, be the first!

Enter the words above: Enter the numbers you hear:

All comments are subject to approval before appearing

Further reading

Features & Analysis
Is business aviation on the rise?

Is business aviation on the rise?

The Middle East's business aviation industry is forecast to be...

Dubai Tram essential guide

Dubai Tram essential guide

Prepare to explore the city in a whole new way from Wednesday...

Focus: Why is the aviation industry still struggling to attract female pilots?

Focus: Why is the aviation industry still struggling to attract female pilots?

We investigate why, amidst the looming shortage of commercial...

2
Most Discussed