Former top brass at Swissair face mismanagement charges

Article Abstract:

Former board members and top executives of the bankrupt airline carrier, Swissair of Switzerland, are facing mismanagement and other charges. Included in the litigation are former chief executive officers Mario Corti and Philippe Bruggisser, as well as former board member Lukas Muhlemann. The airline faced losses in subsidiaries in France and Portugal as well as higher costs for jet fuel.

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Swissair CEO resigns to join Internet venture

Article Abstract:

The article discusses Swissair chief executive Jeffrey G. Katz's decision to resign and accept a job as chief executive of a U.S. e-commerce company. Katz leaves at a difficult time, when investors have started having concerns about the carrier's strategy of partnering up with the "Qualiflyer" alliance with smaller airlines instead of entering a cooperation deal with a strong partner.

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Air New Zealand must find a CEO as McCrea leaves

Article Abstract:

Air New Zealand is seeking a new chief executive officer as it completes its merger with Ansett Holdings Ltd. the carrier's CEO, James McCrea, suddenly left his posts as head of the airline and as its group managing director.

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