Thursday, November 28, 2024

Rodger Foster hands over Airlink flight controls

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Airlink will undergo a change of leadership following the decision by current CEO and MD, Rodger Foster, to step down at the end of March 2025 after almost 33 years at the company’s helm.

Airlink’s current Chief Financial Officer, de Villiers Engelbrecht, will take over from Foster as the company’s new CEO with effect from April 1, 2025.

Foster will remain an airline shareholder and continue serving as a non-executive director.

Foster has served as the CEO and MD since co-founding the business in June 1992 with Barrie Webb.

At that time, South Africa was undergoing a political transition with sanctions and boycotts gradually being lifted and the doors being opened for increased trade, commerce, arts and tourism.

Airlink’s establishment coincided with the deregulation of South Africa’s domestic airline industry, allowing privately-owned airlines to compete with the state-owned national carrier.

“It has been a privilege to have led Airlink through what has been an exciting, at times very challenging, but ultimately a rewarding and fulfilling journey. However, after more than three decades in the post, it is time to hand over the flight controls to my successor and our Chief Financial Officer, de Villiers Engelbrecht,” said Foster.

Engelbrecht has been involved in Airlink for over 20 years. He served as a non-executive director for a period and joined as an executive in February 2011.

“De Villiers is widely respected in the industry and has worked alongside me, helping to steady Airllink, repurpose it and put the airline on a course for sustainable growth in the face of two existential threats to the company. These included Airlink’s separation from SAA due to SAA’s business rescue, followed closely by the COVID-19 travel restrictions, which jolted air travel to a standstill.

“He has had hands-on exposure to all of the key elements that constitute the airline business and has the support of the entire executive team, the broader management as well as all our external stakeholders,” explained Foster.

“Airlink is a flourishing and resilient business. It has a strong balance sheet that has been bolstered by an equity injection from Qatar Airways Group’s acquisition of a 25% stake in the company. Since 2020 Airlink has built a constellation of commercial partnerships with many of the world’s leading airlines. None of this would have been possible without the tireless support of the entire dedicated, diligent and professional Airlink team, which it has been my privilege to lead,” he added.

Source – J de Reuck

 

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