CFO Thomas Mary leaves the company.
The People’s Air Group – with the People’s airline and Altenrhein Airport – is reducing its management level: Thomas Mary, Chief Financial Officer (CFO) and member of the management team will leave the company by mutual agreement at the end of September. He had been Chief Financial Officer for the People’s Air Group since 1988 (with a five-year break), and in 2017 he also took on the role of press spokesman.
In the future, People’s boss Thomas Krutzler will, in addition to his previous duties, also act as press spokesman. Nina Balschun will remain in charge of Finance & Administration. She now reports directly to the CEO. The management of People’s Holding AG thus consists of Thomas Krutzler (CEO), Michael Felder (Head of Airport Development) and Janine Meier (COO / Airport Management).
The airline People’s was founded in 2010 and today it operates a single Embraer 170 primarily between Vienna and Altenrhein on scheduled services – currently up to twice a day. In addition, the airline has also been increasingly active in holiday travel in recent years, especially to Italy, Greece and France.