Ryanair director to become finance chief at Aer Lingus
27.06.08
Ryanair's director of scheduled revenue, Sean Coyle, has resigned to take up the position of chief financial officer with rival Irish airline Aer Lingus. Having been at Ryanair since 1998, he was in charge of route selection and profitability, network strategy and capacity allocation.
Mr Coyle, 35, qualified as a chartered accountant with KPMG in 1997 and previously served as Head of Investor Relations and Commercial Director at the budget airline. He will join Aer Lingus on August 11 and take up a position on the airline's board.
Aer Lingus chairman John Sharman said: ‘Challenging times bring unique opportunities and we are delighted that Sean is joining us. He has proven experience and will significantly strengthen our management team.’
Ryanair's chief executive Michael O'Leary wished Mr Coyle every success in his new role, saying: 'We are pleased to see Aer Lingus recruit some decent management and hope that Sean will introduce some of the changes we have been calling for in Aer Lingus.' Ryanair is a 29% shareholder in Aer Lingus.
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