https://www.taxtmi.com/news?id=41706 A corporate governance reconfiguration reallocates chairmanship of a budget-carrier subsidiary: the group CEO will step down as chairman and leave the subsidiary board; the parent group Chief Commercial Officer will assume the chairmanship while retaining parent executive duties; an operations executive will join the subsidiary board subject to regulatory approval. The change is intended to align network, sales, distribution and loyalty assets and to secure operational synergy and coordinated commercial efforts across the consolidated airline group. en-us Tue, 22 Apr 2025 20:16:03 +0530 Tue, 22 Apr 2025 20:16:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=41706 A corporate governance reconfiguration reallocates chairmanship of a budget-carrier subsidiary: the group CEO will step down as chairman and leave the subsidiary board; the parent group Chief Commercial Officer will assume the chairmanship while retaining parent executive duties; an operations executive will join the subsidiary board subject to regulatory approval. The change is intended to align network, sales, distribution and loyalty assets and to secure operational synergy and coordinated commercial efforts across the consolidated airline group. News - Tue, 22 Apr 2025 20:16:03 +0530 https://www.taxtmi.com/news?id=41706