(Replaces reference to CEO with “accountable manager” in first paragraph)
By Stelios Orphanides
The board of directors of Cobalt Air appointed Guy MacLean as the airline’s accountable manager, replacing Andrew Madar.
In a telephone interview, Maclean confirmed the decision of the company which also notified the Civil Aviation Authority.
Madar took over as the company’s top executive after the resignation of his predecessor Andrew Pyne in August 2016, two months after the company received its commercial licence. The reasons for the divorce are unknown.
The company was not immediately available for comment.
The Cyprus Business Mail understands that the changes in the company’s management went beyond Madar.