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Air New Zealand Limited (ASX:AIZ)

ALERT: Price-sensitive ASX Announcement for AIZ
Current share price for AIZ : $0.350 -0.18 (-33.96%)+
Announcement
Release
30 Jul 2025 7:30AM
Price at Release
$0.530
Full Release
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Summary
Air New Zealand has announced the appointment of Nikhil Ravishankar as the new Chief Executive Officer, effective 20 October 2025. He succeeds Greg Foran, who led the airline for almost six years. Nikhil, formerly the airline's Chief Digital Officer, has been with Air New Zealand for nearly five years and has significantly contributed to the airline's technology advancements and customer service improvements. The announcement marks a new leadership phase for Air New Zealand, emphasizing community connectivity, delivering excellence, and leading with innovation. The Board conducted an extensive international search, ultimately selecting Nikhil for his vision for the airline's future, leadership skills, and commitment to New Zealand values.
Key Points
  • Nikhil Ravishankar appointed as CEO of Air New Zealand.
  • Greg Foran steps down after nearly six years.
  • Nikhil has been the airline’s Chief Digital Officer.
  • He will officially become CEO on 20 October 2025.
  • Appointment reflects a new generation of leadership.
  • Nikhil brings a strong digital and global outlook.
  • The Board emphasizes the airline's resilience and innovation.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.