Flick becomes CEO of German charter airline

Former airBaltic chief to sit at helm of XL Airways Germany

Bertolt Flick, the former chief executive of the Latvian national airline airBaltic, which is now almost fully in state hands after running up substantial debts, has now been hired to sit at the helm of the Frankfurt-based charter carrier and leasing company XL Airways Germany. He succeeds Martin Greiffenhagen and will officially take over on March 1. Neither the airline nor Flick himself have provided further comments, such as what his aims and objectives in his new job will be.
The airline operates a fleet of five Boeing 737-800 aircraft, which BBN considers a step down from airBaltic’s sizeable fleet of 34 planes including 16 Boeings.
The airline has one recent accident on its record. In November 2008, an Airbus A320 leased by the airline crashed during a test flight in the Mediterranean before a scheduled delivery to Air New Zealand. All seven people onboard were killed.
[pictured: XL Airways Boeing 737-800 in Düsseldorf; photo by Arcturus]