Boarding pass ready for new chairman
The powerful aviation body that decides which airlines get London's valuable landing slots is close to appointing a new chairman to pilot international expansion.
Airport Co-ordination Limited (ACL), a not-for-profit group owned by nine airlines including BA, easyJet and Virgin Atlantic, is understood to have identified a candidate with strong corporate governance skills. Headhunter Warren Partners began approaching prospective candidates to succeed Hugh Boulter late last year and an announcement could be made as early as this week.
ACL is growing internationally, dishing out slots at airports in Auckland, Dubai and Toronto, and co-ordinating around 2.8 million flights worldwide. In the UK, ACL works with 23 airports, which also include Edinburgh and Bournemouth.
ACL's managing director Chris Bosworth said: "Our independent chairman is retiring in July. He has been with us for coming up to 10 years."
It is understood ACL, which was set up 20 years ago, wants the new chairman to work closely with Mr Bosworth to win more work abroad.
The potential value of airport slots was illustrated last year by a BA financing package. It tried to raise £454m in bonds and equity loans secured against pairs of Heathrow take-off and arrival slots.
- 1 Russell Brand accuses FOX News anchor Sean Hannity of terrorism after aggressive Israel-Gaza debate
- 2 Disney heiress Abigail disowns her share of family profits in West Bank company
- 3 The secret report that helps Israel hide facts
- 4 Israel's propaganda machine is finally starting to misfire
- 5 'Hello mum, this is going to be hard for you to read ...'
Sally Farmiloe dead: Howards' Way actress, and former mistress of Jeffrey Archer, dies aged 60
Russell Brand accuses FOX News anchor Sean Hannity of terrorism after aggressive Israel-Gaza debate
Pope Francis issues top 10 tips for happiness – including don’t try to convert other people
Sabina Altynbekova, the girl branded 'too good looking' for volleyball, says social media obsession with her is a 'bit much'
Justin Bieber posts Instagram photo of Orlando Bloom crying after Ibiza fight 'over Miranda Kerr'
The secret report that helps Israel hide facts
Land for gas: Merkel and Putin discussed secret deal could end Ukraine crisis
Woman and two children killed by mob in riots over 'blasphemous' Facebook post in Pakistan
A day in the life of Vladimir Putin: The dictator in his labyrinth
Putin is 'thuggish, dishonest and reckless', says British ambassador to US
Richard Dawkins tweets: 'Date rape is bad, stranger rape is worse'
- < Previous
- Next >
iJobs Money & Business
£20000 - £24000 per annum: Harrington Starr: A leading provider of web based m...
£28000 - £32000 per annum: Ashdown Group: Secretary (Sales Team Support) - Mat...
Competitive (DOE): Guru Careers: We are looking for an Assistant Management Ac...
£600 - £700 per day + competitive: Orgtel: Senior Investment Accounting Change...