ECONOMY

Emirates chief commercial officer resigns after airline’s profit dives

The spokeswoman did not say why Antinori, who also served as an executive vice president, had resigned. (Shutterstock)

Emirates Chief Commercial Officer Thierry Antinori has resigned, a spokeswoman said on Sunday, days after the Gulf airline announced its weakest profit in a decade.

Antinori, also an executive vice president, was responsible for commercial operations, products, the frequent flyer program and cargo division, according to Emirates’ website.

The spokeswoman declined to comment when asked why Antinori resigned and when it was effective.

Antinori spoke to media in his capacity as an Emirates executive on April 24 in Dubai and was seen at the Emirates stand at a travel exhibition in Dubai on April 29.

Adnan Kazim, divisional senior vice president, strategic planning, revenue optimization & aeropolitical affairs, has been appointed acting CCO, the spokeswoman said.

Emirates reported a 69 percent fall in full-year profit last week, its lowest in 10 years as soaring fuel costs and a strong dollar took a toll on earnings, while passenger growth stalled.

Antinori joined Emirates as executive vice president for passenger sales worldwide in October 2011 and was promoted to CCO in June 2013, Emirates’ website shows.

Antinori said in 2016 he was contacted about becoming the Air France-KLM chief executive but that he was sticking with the Dubai-based carrier.

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Last Update: Sunday, 12 May 2019 KSA 20:16 - GMT 17:16
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