Australia's Sydney Airport Corp board unanimously appointed (09-Jun-2011) Ms Kerrie Mather as Managing Director and CEO of Sydney Airport, effective 01-Jul-2011. Ms Mather will continue as CEO of MAp which holds a 74% interest in the airport. The terms and conditions of Ms Mather’s employment, including her total remuneration, remain unchanged. An appropriate cost sharing arrangement between MAp and Sydney Airport has been put in place. [more]
Sydney Airport Board appoints new MD and CEO
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The Indonesia-Australia market is a logical market for SIA as it seeks to diversify its business. Indonesia and Australia are already SIA’s two largest international markets and Garuda and Qantas are already among its biggest competitors.
Competition within Asia Pacific, including the Southeast Asia-Australia market, has been intensifying. In the current highly competitive and challenging environment airlines are constantly jockeying and exploring new options to improve their position.