Air New Zealand names Nikhil Ravishankar as new CEO
Mr. Foran, who joined the airline just as the COVID-19 pandemic loomed, announced his resignation earlier this year as the flag carrier continues to grapple with global supply chain disruptions and persistent engine maintenance issues.
Mr. Ravishankar, who has served as Air New Zealand's chief digital officer for nearly four years, will assume the top job on October 20. Prior to joining the airline, he held leadership roles at Vector and consulting firm Accenture, where he was managing director.
'Airlines will continue to face immense challenges, whether that's climate change, customer expectations, technology, cost pressures or geopolitics,' said Chair Dame Therese Walsh.
'Nikhil brings a fresh perspective that is grounded in New Zealand values and a deep knowledge of the airline and critical infrastructure across different sectors,' she said.
Air New Zealand's struggles have been compounded by a relatively small domestic market and fierce competition from Australian carriers Qantas Airways and Virgin Australia.
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