Embattled Hong Kong Express names new CEO from Africa-based airline
Airline plucks head of small-scale carrier backed by troubled Chinese conglomerate HNA Group
Budget carrier Hong Kong Express took its latest step to bolster its leadership amid a company shake-up by naming the head of a young Ghana-based airline backed by troubled Chinese conglomerate HNA Group to take the helm.
The CEO and co-chairman of small-scale Africa World Airlines, Michael Luo Cheng, overseeing a fleet of six planes, was appointed with immediate effect as chief executive officer, the company announced on Friday night.
Luo will be responsible for the airline’s overall direction and strategy, playing a key part in its investments and operational decisions.
HNA’s chief executive to skip 2018 Davos meeting amid staff memo urging for austerity
Luo would monitor day-to-day business, which would be led by company president Li Dianchun, who was poached from Hong Kong Airlines. Zhong Guosong would remain executive chairman and overlap with Cheng in a number of duties.