Nordic Aviation Capital chief executive appointed

Søren M Overgaard has experience in transportation sector
Nordic Aviation Capital, the world’s biggest lessor of regional turboprop aircraft, has announced the appointment of Søren M Overgaard as its new chief executive officer, with immediate effect.
Overgaard is no stranger to the company, having played a key role in the senior management team for the last three years, joining in 2012 as chief financial officer.
He previously held senior positions at the transportation companies AP Moller Group, Maersk and Damco Europe. As chief of Nordic Aviation Capital, he succeeds Kim Graven-Nielsen.
“We have an especially exciting year ahead in 2016 with increasing opportunities opening up worldwide in the regional airline sector,” said Martin Moller, chairman of Nordic Aviation Capital. “Søren’s deep knowledge of the business is invaluable.”
Founded in Denmark in 1990, Nordic Aviation Capital has been profitable for the past two decades, achieving a 42% increase in operating profit to $239 million in its latest financial year ending June 30. Total assets increased by 45% to $3.2 billion.
TTG Nordic

x

Check Also

GDS, Capa summit, meeting, Dublin, airlines, Ryanair, technology, disrupt, future

Will new tech disrupt traditional GDSs?

Both sides of the argument could be heard at the recent CAPA Airline CEO Summit in Dublin, with Travelport expressing the views of the GDSs.

World Animal Protection, travel, Bali, Lombok, Indonesia, wild animals, captive, selfie, cruel, attractions, tourism, orangutans, elephants, tigers, dolphins, civet

Animal protection body exposes “Bali horror”

World Animal Protection says that wildlife tourist attractions in Bali and Lombok are “living hell for animals”.

Vietnam, tourism, overtourism, hotels, supply, oversupply, development, sustainable, Halong Bay, Danang, Phu Quoc

Hotel investors warn Vietnam about “crazy” growth

With a 43% rise in room keys, there are fears for the future in places like Halong Bay, Danang and Phu Quoc.

Russia, algorithm, World Cup, restaurants, reviews, Tripadvisor, fake, tourism

Fake TripAdvisor reviews ahead of World Cup

“What can you do if no Serbs and no Swedes have ever been to your venue and left a review?”

Oulu, airport, local, province, Finland, fly, Tui, tour operator, trend, tourism, secondary, summer, 2018, Tampere, Vaasa

TUI invests heavily in local airport flights

Extra flights have been added from provincial Finland for the autumn holiday weeks, as the operator has been overwhelmed with demand.

Cyprus, Cobalt Air, Blue box, bluebox, wifi, stream, movies, tv, flights, airline, IFE

Cobalt Air deploys “blue box” of entertainment

The new Cypriot airline obtains simple boxes, three per plane, that allow passengers to stream content.