Emirates’ Chief Business Officer has resigned. It has been introduced as we speak that Emirates EVP and Chief Business Officer, Thierry Antinori, has resigned with instant impact. Excluding CEOs, I don’t usually see cowl modifications in government positions at airways until I discover them significantly fascinating… and that is a kind of instances.
For those of you not acquainted with Antinori, he has been with Emirates since 2011, the place he began because of the EVP for gross sales, earlier than being promoted to his present location in June 2013. He has been within the airline business for over 30 years and beforehand had senior positions at each Air France and Lufthansa.
It’s value noting that Antinori claimed that in 2016 he was supplied the opinion of CEO of Air France-KLM, however, selected to remain on at Emirates as a substitute. Some are suggesting that Antinori’s departure could need to do with Emirates’ current monetary outcomes, the place the airline noticed a 69% drop in earnings final yr. I doubt that’s the case, although, as a result of all issues thought-about, I’d say Emirates nonetheless did reasonably correctly. No cause has been given as to why Antinori all of a sudden resigned.
I’m undecided if that is associated with disagreements on the prime at Emirates, or if that is associated to him discovering one other alternative elsewhere. Tim Clark has been the president of Emirates since 2003, and there have long been rumors of him ultimately retiring, on condition that he’ll be turning 70 this 12 months. Antinori was thought-about a prime contender for taking on that place.
Then once more, so was Christoph Mueller, who additionally resigned from Emirates earlier this yr. Antinori allegedly turned down an enormous alternative in 2016, so one has to surprise what precisely has occurred before now a couple of years that’s inflicting him to go from turning down one of many most essential jobs within the airline trade to all of a sudden resigning at Emirates.