Tag: shareholders

International Airlines Group (IAG) Shareholders Approve Boeing 737 Order

International Airlines Group (IAG) has announced that its shareholders approved an agreement with Boeing to order a total of 50 737-8-200s and 737-10s, plus 100 options. Boeing and IAG announced the agreement that was subject to shareholder approval in May 2022. The firm order for 50 737s will be...

Heart Aerospace confirms Air Canada and Saab as new shareholders

Swedish electric airplane maker Heart Aerospace today unveiled significant design updates to its first electric aircraft and confirmed Air Canada, one of North America’s largest airlines and Saab, the Swedish aerospace and defense company, as new minority shareholders. The new airplane design, ...

KLM’s shareholders approve reappointment of Managing Director Swelheim

KLM’s shareholders approve reappointment of Managing Director Swelheim

KLM’s shareholders voted at their Annual General Meeting (AGM) to approve the reappointment of Erik Swelheim as Managing Director & Chief Financial Officer (CFO) of KLM. The shareholders further approved the reappointment of Fleur Pellerin and Cees ‘t Hart as members of KLM’s Supervisor...

Composition of Finnair’s Shareholders’ Nomination Board

The following persons have been appointed to Finnair's Shareholders' Nomination Board: Minna Pajumaa, Senior Financial Counsellor of the Ownership Steering Department in the Prime Minister’s Office of Finland; Timo Sallinen, Senior Vice President, Investments, Varma Mutual Pension Insurance Compan...

Jazeera Airways’ shareholders approve capital increase

Jazeera Airways’ shareholders approve capital increase

During its Extraordinary General Meeting (EGM) held today, Jazeera Airways shareholders approved a 10% increase to the company’s capital, from US$ 70 million to $72.5 million. The Capital Markets Authority (CMA) approved the capital increase earlier and the process is now subject to final ...

Transat A.T. elect new board members

At the company's Annual Meeting of Shareholders today, the eleven candidates for the Transat director positions were elected by a majority of votes cast by shareholders or their proxies attending the Meeting. (more…)...

Virgin Atlantic in discussions about £160m injection as travel ban forces fresh creditor talks

Virgin Atlantic in discussions about £160m injection as travel ban forces fresh creditor talks

By Mark Kleinman, sky.com Sir Richard Branson's Virgin Atlantic Airways is in talks with shareholders and creditors about a further £160m support package just six months after securing a £1.2bn rescue deal. Sky News has learnt that the billionaire tycoon's flagship company is this weekend cl...

Norwegian’s restructuring scheme filed to the court

Today, Norwegian’s financial reconstruction plan was sent to its creditors and shareholders. If the plan is approved by the Irish and Norwegian courts in the coming weeks, the company can continue the reconstruction processes and initiate a capital raise in April, targeting completion in May 2021....

Composition of Finnair’s Shareholders’ Nomination Board

The following persons have been appointed to Finnair's Shareholders' Nomination Board: Minna Pajumaa, Senior Financial Counsellor, Government Ownership Steering Department; Timo Sallinen, Senior Vice President, Investments, Varma Mutual Pension Insurance Company; and Esko Torsti, Head of Cross Asset...

IAG’s CHAIRMAN SUCCESSION PLAN

IAG’s CHAIRMAN SUCCESSION PLAN

The Board of Directors of International Airlines Group (IAG) has approved the succession plan for its Chairman, Antonio Vázquez. Having reached nine years in office last January (maximum recommended in the UK corporate governance code), Antonio Vázquez announced his intention to retire in early...

Air Canada Announces Election of Directors

Air Canada has announced that all of the nominees listed in the management proxy circular dated May 4, 2020 were elected as directors of Air Canada at its Annual Meeting of Shareholders which was held in a virtual only format on Thursday, June 25, 2020. All of the nominees have already been servi...

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