Bloomberg News

Air Mauritius Names Derek Shanks to Lead Restructuring Plan

April 16, 2012

Air Mauritius Ltd. (AML), sub-Saharan Africa’s fourth-biggest airline, has appointed Derek Shanks chief commercial officer.

As part of Shanks’s responsibilities, he will be team leader for the company’s restructuring, the Port Louis-based company said in an e-mailed statement today.

The airline is implementing a new business model, with cuts in long-haul flights and plans to sell a jetliner as it seeks to return to profitability by the 2013-2014 financial year.

It is “important to have one restructuring team leader to achieve effective implementation of all planned improvements,” Acting Chief Executive Officer Andre Viljoen said.

To contact the reporter on this story: Kamlesh Bhuckory in Port Louis at kbhuckory@bloomberg.net

To contact the editor responsible for this story: Antony Sguazzin at asguazzin@bloomberg.net


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