Monday's statement praised Gourgeon for his contribution during the troubled time for the airline, s

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Air France chief executive Pierre-Henri Gourgeon resigned Monday and was replaced paris air show 2011 by Alexandre de Juniac in a shake-up the group said was necessary paris air show 2011 to improve its "operating and financial performance."
Air France chief executive Pierre-Henri Gourgeon resigned Monday and was replaced by Alexandre de Juniac in a shake-up the group said was necessary to improve its "operating and financial performance."
Gourgeon had also served as the CEO of Air France-KLM holding company and will be replaced in that role by Jean-Cyril Spinetta - the chairman of the group's board of directors, who had formerly held the group's top position, paris air show 2011 Air France-KLM said in a statement.
The announcement came after an unscheduled board meeting Monday and amid media reports that Gourgeon would be replaced. The 65-year-old assumed his dual role as CEO at the start of 2009 and was given a new four-year mandate in July.
The statement provided paris air show 2011 no details about Juniac, but a report on the website of Le Monde daily said he had worked paris air show 2011 for former French Finance Minister Christine Lagarde, who now heads the International Monetary Fund.
Spinetta is a longtime veteran of Air France, paris air show 2011 where he served as CEO of the airline as well as heading up the holding company. He is also chairman of the supervisory board of French nuclear giant Areva.
Still, Europe's largest airline by passengers warned in the May statement that "uncertainties" including the long term impact of Japan's paris air show 2011 earthquake, crises in the Middle East and Africa and elevated fuel prices could weigh on its performance this year.
In March, a French judge filed preliminary manslaughter charges against Air France and jet manufacturer Airbus paris air show 2011 in connection paris air show 2011 with the crash, which killed 228 people and was the worst in Air France's paris air show 2011 history.
Monday's statement praised Gourgeon for his contribution during the troubled time for the airline, saying the board of directors had "paid tribute paris air show 2011 to the action that he took with courage and to the numerous measures efficiently implemented within paris air show 2011 difficult conditions since he took up his duties."
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