Island Air has announced that Paul Casey, the CEO for the airlines for the past 16 months, will be stepping down on October 1, and David Pflieger, the president and CEO of Silver Airways, will take over his position. Casey will be given an advisory role on Island Air's board of Directors. This news has come as a surprise to members of the airline community. Peter Forman, a local aviation historian, stated, "That's a big surprise. The work that Mr. Casey has begun is not completed yet. He has had a very difficult culture change to bring about at Island Air and it's been successful so far. But the work is not done yet and someone needs to continue his work. I sincerely hope that Paul Casey remains actively involved with the airline because the airline needs his involvement."
Casey mad the following official statement, "It has been an enjoyable experience to work with the ownership and employees of Island Air as we rebuilt the company from the ground up. It would not have been possible without their support and commitment, and I look forward continuing this progress in my new role as a senior adviser to the board." Regarding the hiring of Pflieger, Mike Boyd an airline consultant stated, "He's a good choice. There aren't many regional independent airlines left in America, and he comes from one of the survivors. (Larry) Ellison is a success-focused businessman, and after buying Island Air, it makes sense to bring in high-powered people to run it."
Source: Honolulu Star Advertiser, 9-3-2014, www.staradvertiser.com
Posted by Jeff Uyemura-Reyes, Principal Broker, REALTOR®
Global Executive Realty, LLC
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