DALLAS – The board of ITA Airways (AZ) has confirmed its decision to strip Chairman Alfredo Altavilla of his powers. The airline’s running has now officially been handed to Chief Executive Fabio Maria Lazzerini.
The move followed a vote on October 12 to remove key responsibilities from Altavilla, including his ability to pursue alliance deals. Tensions have been mounting in the boardroom of the state-owned airline between Altavilla and the government-appointed directors. AZ is currently attempting to progress with a planned sale.
Some on the airline’s board read more ⇒
Source:: “Airways Magazine”