09.12.2014 - Khazanah Picks CEO for Restructured Malaysia Airlines
The Malaysian government’s sovereign wealth fund, Khazanah Nasional Berhad, has picked Aer Lingus CEO Christoph Mueller to lead the restructured and privatized Malaysia Airlines. Mueller’s contract with Aer Lingus ends on May 1 next year, but Khazanah hopes to install the German national as CEO by as early as March 1. It expects to complete the privatization of the company by July 1. Named Aer Lingus CEO in 2009, Mueller orchestrated that airline’s recovery from heavy losses to profits over the course of one year, even while the Irish market in general languished and European market conditions remained “tepid.” Meanwhile, Aer Lingus led Dublin’s development into one of Europe’s leading hubs for North Atlantic long-haul traffic...............................................Full Article: Source
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