The Monarch Group has unveiled senior management changes at Monarch Airlines and its tour operation.
Kevin George, currently managing director of the airline, will become the new chief executive of Red Funnel, the Isle of Wight specialist, from 2 January, and Monarch has begun the process of finding his successor.
Paul Winter has been acting CEO at Red Funnel since the departure of James Fulford who left to join Condor Ferries at the end of 2012. Winter will return to his role of group financial director in January 2014.
Hugh Morgan, currently MD of Monarch Travel Group, will become chairman on 1 November, and Phil Boggon – currently marketing and commercial director of tour operations – has been named as his successor.
Iain Rawlinson, executive chairman of The Monarch Group, will assume interim senior executive responsibility for the airline business in November 2013 following the departure of George.
Rawlinson said: ‘I would like to thank Kevin for his significant contribution to the transformation and turnaround of Monarch Airlines over the last two years.
‘Hugh has been a leading figure in the travel industry for many years and his continued involvement in the tour operating business as chairman to support the new management team will maintain continuity and add strength and experience to this business for the future.’
He added that Monarch Airlines has continued to strengthen its market position and in August 2013 achieved an ‘encouraging’ scheduled load factor of 92.8% on volumes up 21% year-on-year.
‘We expect all three of the group’s core divisions – Airlines, Tour Operations and Engineering – to be profitable, and to report group results for the year well ahead of last year and in line with expectations,’ he said.
‘These leadership developments allow us to prepare with confidence for the start of our winter season and the new financial year on 1 November 2013 as well as, in the longer term, for the next phase of growth for The Monarch Group.’
To see the announcement from Monarch, click here.
To see the announcement from Red Funnel, click here.