Cebu Air says leadership change to support growth plans - BusinessWorld Online

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Cebu Air says leadership change to support growth plans - BusinessWorld Online
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CEBU AIR, Inc. (CEB) said recent leadership changes in the company form part of its succession planning as it seeks continued growth and to become more “globally competitive”.

“It’s really about succession planning and really preparing us for the next phase of growth of the airline,” CEB Vice-President for Marketing and Customer Experience Candice Jennifer A. Iyog said at a media briefing on Tuesday.

The amended Public Service Act was signed in March to allow up to 100% foreign ownership of public services in the country. Meanwhile, it elected its current chief executive adviser, Michael Szucs, as CEO, while its incumbent chief commercial officer, Alexander G. Lao, will also be the president of the company in addition to his existing position.Meanwhile, the company said it will be adding 11 brand new Airbus NEO aircraft to its fleet in 2023 to support its growing capacity and travel demand.

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