Parachuted into Botany seat, next leader of Nat after J.C. 2024 PM. JMHO
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Pity we no longer have his biggest fan on the forum...
Oh well Rodger you may as well sell those shares... All down hill from here without your trusty can do no wrong Christopher at the control stick!
This is excellent timing, I will be contractually unrestrained from mid-August.
So not only could I takeover CEO-ing the airline during it's next difficult phase straight away but I could turn up early and make sure he does not steal too many lollies as he goes out the door.
Will send my CV in within the hour.
imagine the shares will have a tank on this news. another leader who did a great job
ADMIN: AIR: Air New Zealand CEO Christopher Luxon to resign
Air New Zealand Chief Executive Officer Christopher Luxon has resigned this
evening and will step down from day to day leadership of the airline on
September 25.
@franosullivan
Air NZ's Christopher Luxon holding forth over breakfast this am on the bold and provocative agenda the PM's Business Advisory Council (which he chairs) has been developing. Should we read anything into that former National PM Sir John Key was in the front row?
Luxon leaving is a bit of a loss. I'm not sure that I was particularly a fan of his but he was a good reliable safe pair of hands. I was hoping for more information about replacement and handover but I guess the process of finding a replacement starts now (if it hadn't already started).
I do feel that he let things slide to some degree. Constantly cutting until something gives, and that was Air NZ's reputation, culminating in the Luxon apology tour in Sept 2018: https://www.flyertalk.com/forum/air-...w-zealand.html. Some of those things were out of his control (fuel pipeline, RR engine) but some should've been foreseen and rectified sooner (growth in lounge demand, contact centre delays). Airlines are a fickle business and it's much harder to gain customers than it is to not lose them in the first place.
He did produce solid reliable financial results, grow the airline, and made some good growth decisions along the way (Buenos Aires, Houston, Chicago) as well as some less good (Vietnam and Phillipines). I see him as consolidating after the transformative Fyfe era rather than bringing much new. Useful work but not exciting.
People are touting him as a new John Key, but re-reading my description above I'd see him as more Bill English than John Key. Safe. Reliable. Cost-cutting. I may be totally off the mark here though as I haven't followed him that closely (despite feeling the need to write several paragraphs here about his AIR career).
Also, did someone mention about that Roger has gone? That is also a bit of a loss too. I'll probably miss him more than I will miss CL.