Brookfield hires ex-Air Canada CEO Calin Rovinescu to adviseWhat's the chance now ? Did it explain why it went up to 0.91 today?
Brookfield hires ex-Air Canada CEO Calin Rovinescu to advise on aerospace deals
Aviation and aerospace a new area of interest for the alternative asset manager:
https://financialpost.com/news/fp-street/brookfield-hires-ex-air-canada-ceo-to-advise-on-aerospace-deals
https://alkhaleejtoday.co/international/5118714/A-final-way-out-of-the-crisis-for-Calin-Rovinescu.html
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Calin Rovinescu leaves Air Canada while the company is still going through extremely difficult times, but he can leave with the feeling of duty accomplished, apart from the sad episode of the end of the maintenance work of the Air Canada fleet by Montreal-based Aveos, which closed the latter in 2012. In terms of successes, we must highlight the order for 45 C Series aircraft from Bombardier, which was announced in 2016 when Bombardier needed firm commitments. Calin Rovinescu has shown more sensitivity than his predecessor, Robert Milton, who placed an order for 45 regional jets from the Brazilian Embraer in 2004. It will now be the turn of his successor, Michael Rousseau, chief financial officer of ‘Air Canada, to assume from February 2021 and for a long time the crisis management."