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Air Berlin CEO resigns during conference call

18 August 2011

Joachim Hunold resigns as Air Berlin announces further losses and plans to terminate leases on eight aircraft.

Read more: Air Berlin Joachim Hunold 737-800

Joachim Hunold, CEO of Air Berlin, has resigned to the airline's board of directors during a conference call about the company's second quarter results this morning. His is resignation is effective September 1. Hunold has been CEO since 2006.

The Air Berlin chief says he wants to stay with the company as a non-executive director. Hartmut Mehdorn, a former CEO of Deutsche Bahn...

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