Free Trial

Air Finance Journal
You are here: Skip Navigation LinksHomeAir Berlin appoints new CMO
RSS feeds
Air Finance Journal Copying and distributing are prohibited without permission of the publisher

Air Berlin appoints new CMO

12 February 2010

Former SR Technics senior executive vice president to take over as the head of marketing.

Read more: [Air Berlin] [Helmu Himmelreich] [Wolfgang Kurth] [Joachim Hunold]

Helmut Himmelreich has been promoted to chief maintenance officer of Air Berlin and takes effect on March 1. Himmelreich replaces Wolfgang Kurth, who left Air Berlin immediately on February 9 due to differences of opinion.

 

Himmelreich has been senior executive vice...

Related Articles

  1. 2009 Airfinance Journal Deal Awards

  2. Borrower beware

  3. Second aircraft for Greek charter Astra Airlines

  4. Deal Analysis: AerCap's ECA bond

  5. GA Telesis hires UK managing director

Poll

Does the 'Home Country Rule' give an unfair advantage to some airlines?

Yes
71%
No
29%

Quote

We see it as a win-win for everyone. The creditors of Allco Finance Group get a sizeable proportion of their money back, probably more than they expected. The economic interests of the senior and other subordinated aircraft lenders are fully aligned with us especially as we are investing in junior positions and aircraft residuals. We are particularly motivated to manage the aircraft well as we will not see a return on our investment until senior and junior lenders are repaid in full. We have also said that we are prepared to pay lenders down once the deal has closed. ”

Bharat Bhise, CEO of Bravia Capital, can not understand why some Allco Aviation lenders are not supportive of HNAs bid.


back to top
Change font size: Switch to default font size Switch to medium font size Switch to large font size

Home

Regions

Sectors

About us

My account

Events

Site links


All material subject to strictly enforced copyright laws. © 2010 Euromoney Institutional Investor PLC.