HomeAir LineIAG elects Marco Sansavini to preside over Iberia and entrusts Vueling to...

IAG elects Marco Sansavini to preside over Iberia and entrusts Vueling to Carolina Martinoli

The Italian executive has been leading the Catalan ‘low cost’, while the directive comes from IAG itself

The new presidents of Iberia and Vueling, Marco Sansavini and Carolina Martinoli, respectively.IAG

New stage for IAG airlines in Spain with Marco Sansavini at the head of Iberia and Carolina Martinoli as president of Vueling. They have opted for internal promotion and these are the names that sounded like they had the most options, as reported by Cinco Días. The appointments announced this morning, within the framework of the presentation of the 2023 results, will become effective at the beginning of April.

“With these changes to the management committee we will continue to implement our strategic priorities, transform our business, drive sustainable growth and industry-leading margins. The fact that we make these changes internally, with managers who are on the IAG management committee, is proof of the quality of our professionals,” explained IAG CEO, Luis Gallego. The two chosen ones have previously worked together in Iberia and are part of Gallego’s inner circle.

For now, Fernando Candela, who took on the role of Iberia’s chief executive in May 2023 due to the departure of Javier Sánchez Prieto, will remain as CEO of the company. low cost Level. For this last airline, an own operations certificate (AOC) is being processed and there is a development plan in Barcelona-El Prat. It is also being considered that it will once again carry out short and medium-haul operations, as it did in Austria before the pandemic, but IAG has not revealed the time or place in which this second AOC would be requested for Level.

Long experience

The new president of Iberia has highlighted the intensity of his three years at the helm of Vueling: “They have been the most intense and exciting of my professional life,” said Marco Sansavini. The return to the house it left in 2020 occurs with the company fully launched after the Covid 19 crisis. This morning Iberia has declared an operating result of 940 million at the end of 2023 (551 million more than in 2022) and its operating margin It is 13.5%, the highest in IAG after advancing 6.4 points in 12 months. Before the media, Sansavini has anticipated that one of his objectives will be to unleash the growth of the low-cost subsidiary Iberia Express. Its development is linked to that of the parent company, Iberia, by virtue of the agreements signed with the pilot group 11 years ago.

The still president of Vueling joined IAG in 2012 as Commercial Director of Iberia, forming part of Luis Gallego’s team in the midst of the company’s reconversion. In 2020 he was promoted within the holding company to CEO of Vueling. There he had a perfect fit due to his experience in the main Catalan markets: Spain, France and Italy.

The executive took his first steps in aviation in 1995, holding positions of responsibility at KLM, in which he participated in the integration with Air France. In 2004, he joined the Air France KLM group as Vice President of Global Business and continued in different positions both in the group and in its subsidiary, Alitalia, until 2012. Graduate in Economic Sciences from the University of Bologna and Master in Business Administration by the IMD of Lausanne, the person chosen for the presidency of Iberia has spent his career in Milan, Rome, Zurich, Amsterdam, Paris, Madrid and Barcelona. Sansavini was born in Bologna (Italy) and is the father of three children,

Carolina Martinoli, for her part, is currently Director of People, Corporate Affairs and Sustainability at IAG. In his first public assessment after his appointment, he referred to Vueling as “a dynamic and innovative airline.” She has also highlighted the talent of the management team. Her entry into the IAG perimeter occurred in 2011, working under Gallego in the relaunch of Iberia after a difficult crisis. At the Madrid airline she was Customer Director. Already in 2017, Martonoli made the leap to London to take the reins of the Brand and Customer department of British Airways. In April 2021 she moved to IAG as a member of the Management Committee.

This graduate in Business Administration from the Fundação Getúlio Vargas in São Paulo (Brazil) previously worked for Telefónica and at Imperial Chemical Industries. Born in Argentina and with Spanish nationality, Carolina Martinoli grew up in Brazil and is the mother of two daughters.

From his point of view, in the airline based in Barcelona-El Prat “we must build on what already exists, a brand loved by customers and good operations and punctuality.” Martinoli also focuses on a cost structure that allows for growth. Vueling, which has reaped an operating profit of 396 million in 2023 (201 million more than in 2022), does not have new aircraft assigned by IAG in view of the lack of agreement with the pilots to link future salary increases to results. of the company. The Catalan company’s operating margin is 12.4%, like that of Iberia, within the profitability requirements that IAG demands of its brands.

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Source: Cincodias



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