Setna, a prominent player in the U.S. asset management sector, has announced the appointment of Andrew Storch as its new Vice President of Asset Management. This strategic hire is part of Setna’s ongoing efforts to enhance its operational capabilities and drive growth in its asset management division.
DHL‘s CEO, Tobias Meyer, has confirmed that the company does not foresee any changes to its fleet in the near future, despite the escalating trade wars that could potentially impact global demand. This statement comes amid concerns that international trade tensions might lead to reduced cargo volumes.
Heston Materials has announced the promotion of Vaidas Vinslovas to the position of Head of Airframe Projects, recognizing his dedication and versatile background in aviation. Vaidas’s career path reflects a blend of academic, operational, and leadership expertise that aligns with the company’s continued growth and project development goals.
SAESL (Singapore Aero Engine Services Limited) has announced that CEO Simon Middlebrough will step down from his position in July 2025. He will be succeeded by Chris Pattinson, who is set to assume the role and lead the company into its next phase of development.
The Russian government is reportedly considering a transfer of GTLK (State Transport Leasing Company) to VEB.RF, the national development corporation. Currently, GTLK is jointly owned by the country’s Ministry of Transport and Ministry of Finance.
Canadian cargo carrier Cargojet has announced that its Chief Financial Officer, Scott Calver, has chosen to depart the company to explore other professional opportunities. The transition marks a leadership change within the finance division of the company.
Brian West, Chief Financial Officer of Boeing, recently addressed concerns regarding the Trump administration’s tariffs on imported goods, particularly aluminum and steel, stating that the company does not foresee a “material near-term impact” from these tariffs.
Eric Koury, the former CEO of Guadeloupe-based airline Air Antilles, is facing a two-year prison sentence after being accused of embezzling aid funds.
Bryan Bedford, CEO of US-based Republic Airways, has been officially nominated to become the next Administrator of the Federal Aviation Administration (FAA), succeeding current acting administrator Chris Rocheleau.
Germany-based MTU Aero Engines has announced the extension of Chief Operating Officer (COO) Silke Maurer‘s contract for an additional five years, now valid through the end of January 2031.
