16 Nov 2023
Aviado Partners responds to rumours of Tom Enders appointment as Lufthansa Group Board Chairman
Tom Enders is rumoured to be appointed as the next Board Chairman at Lufthansa Group. Aviado was interviewed to provide insights for an article published by German business magazine Wirtschaftswoche.
The airline has always had great leaders & regular change (sometimes uncomfortable change) is necessary to keep a company fresh & competitive. Although airlines seem to be printing money these days, this is not a sustainable situation and sometime within the tenure of the next Board Chair there will be turbulence.
Tom Enders is a proven corporate warrior. If the rumours are true, Lufthansa Group would have a battle-ready professional in the seat. With major turmoil ahead and plenty of challenges on different fronts - no less than ITA acquisition, fleet changes, 777X delays, challenges with introducing the new business class (deja Vu from the last C class seat intro by LH), Airbus A320neo engine problems, alliance shakeups, etc. - there are plenty of topics on the table for the group airlines. Tom Enders is an executive with the track record to succeed in the role. https://lnkd.in/eR6fytrD
Image credit: Wirtschaftswoche
Aviado Partners Advisory Services GmbH
Aviado Partners Advisory Services GmbH is a specialist management consulting firm providing objective, independent and evidence-based analysis, advice and implementation support to airlines, airports, rail operators, hotels and other transportation related companies around the world. The firm advises management, boards, investors, governments, leasing companies and other stakeholders across all the key commercial and strategy issues. Aviado Partners' team members and associates have worked with leading international full service and low cost airlines, global consulting firms, financial institutions and manufacturers both as members of senior management as well as an airline consultant. The Partners and Associates have led or had significant involvement in numerous merger, acquisition, restructuring, start-up, aircraft selection and performance improvement assignments in Asia, the United States, Canada, South America, Russia & the CIS, Africa and the Middle East.
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About the Client
Lufthansa Group is Europe's second largest airline by passengers carried, behind Ryanair and the largest, by Revenue.