Air Berlin CEO to step down amid drastic cuts
Posted 20/08/2011
Air Berlin (AB) CEO Joachim Hunold announced he is stepping down Sept. 1 as the airline embarks on a steep cost-cutting program that will include cutting 7,500 flights this year. Hunold, who has been with AB since 1991, will remain as non-executive director. AB board member Hartmut Mehdorn was named interim CEO.
Originally published 20 Aug 2011 at: http://feeds.atwonline.com/~r/AtwDailyNews/~3/TPANVTyeQik/air-berlin-ceo-step-down-amid-drastic-cuts-0819
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