Alexis Von Hoensbroech Wikipedia, Net Worth, Westjet salary, Family, Wife

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Alexis Von Hoensbroech Wikipedia, Net Worth, Westjet Salary, Family, Wife

Alexis Von Hoensbroech Wikipedia, Net Worth, Westjet Salary, Family, Wife – Alexis von Hoensbroech fondly recalls his first experience with the cold Canadian. He came to Calgary for the first time after taking over as president of the nation’s second largest airline.

Alexis Von Hoensbroech Wikipedia, Net Worth, Westjet Salary, Family, WifeAlexis Von Hoensbroech Wikipedia, Net Worth, Westjet Salary, Family, Wife

The city that WestJet calls home is nestled in the foothills east of the Rocky Mountains. The savannas see cold winds for several months that can bring blizzards that can cause half a meter of snow to fall in just a few hours.

“The temperature was minus 30 degrees when we landed here in January,” he said. “My wife asked us to end my contract.” A summer heat wave six months later left the same impression. “That’s a really dramatic 60-degree temperature swing,” he scoffed. Von Hoensbroech is busy planning reforms he hopes will restore pride to the city’s pandemic-ravaged hometown airline as Calgary transitions from cold to sweltering.

How Alexis von Hoensbroech is resetting the foundation of WestJet

He’s determined to centralize WestJet’s operations locally and bring it back to its low-cost roots when Covid-19 has largely passed.

Naturally, the epidemic has left its mark on our balance sheet, he admitted. “And we need to think carefully about how to put it back.”

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In February, the German with a doctorate in astrophysics replaced Ed Sims as the airline’s chief executive. Sims has been in charge of the company for three years, seeing it weather the difficult and terrible Covid-19 crisis that left WestJet the shell it once was, as well as its transformation from a publicly traded company to a private company. , which promises more financial security. Sims quit in December.

Von Hoensbroech came with knowledge of the European industrial scene. He has been with the Lufthansa Group for 16 years and before taking the helm of Austrian Airlines as CEO and CFO in 2018, he served as commercial director at Lufthansa Cargo.

He found himself looking for a change after successfully guiding the medium-sized carrier through the tragedy caused by the coronavirus. I recently turned 50, and at that point you start to question whether you want to move on or want to continue something new.

In 1996, WestJet was founded as Western Canada’s low-cost airline to compete with the nation’s two largest airlines, Air Canada and Canadian Airlines. The WestJet logo is a stylish teal and blue leaf. WestJet spent years expanding after Canada’s failure in 2001, though not without making some mistakes along the way. WestJet started out as an imitation of Southwest Airlines before transforming into a fully diversified airline with a global presence. It had a fleet of only Boeing 737s when it went public in 1999.

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Calgary is located in Alberta, which has the third largest gross domestic product in Canada and is an oil and gas based economy. It is famous for hosting the Calgary Stampede, the largest horse race in the world, every July. From the outset, WestJet was determined to operate differently from rivals based in the east of the country’s financial and political center. To the delight of both customers and employees, the airline’s DNA has been blended with the wild atmosphere of Western Canada.

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86% of “WestJetters” owned shares of WestJet for more than 20 years after the airline was founded, taking part in the company’s ownership. After years of nervousness spent responding to short-term financial market needs, that ended in December 2019 when the airline was privatized by private equity group Onex Partners based in London. Toronto.

The parties kept the details of the deal private, although Onex invested a total of about C$345 million (US$263 million) in equity.

“I am pleased with this successful business story of WestJet – which started with three planes 26 years ago and is the home airline of Western Canada,” he said. “I appreciate that it is a privately held business in a vibrant entrepreneurial community. I believe, “This is the ideal airline to work for, to grow, to maintain the success it had before the pandemic and take it to the next level.”

WestJet’s transformation really began in 2014, when the airline entered the transatlantic market with four used Boeing 767s and little prior knowledge of the complexities. complexity of global networks, wide alliances and seamless connectivity. The airline quickly ran into problems and profits dropped.

However, under Sims’ direction, WestJet once again emerged as a major player in both local and international markets, with sizable operations between the United States and Canada.

WestJet took delivery of the first of ten Boeing 787 Dreamliners in 2019, launching a frontal assault on Air Canada, a much larger and older traditional rival.

WestJet carried 26 million passengers in the same year, a record for the airline. By early 2020, its network had grown to 98 locations across 22 countries in the Americas, the Caribbean and Europe.

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