Following the Annual General Meeting held earlier this month, the newly elected Board of Directors met and appointed Mr Michael Hoeferer as the new Chairman of the Company.

Mr Hoeferer was born in 1959 and is a graduate in economics, history and public relations. He began his career with Austrian Airlines in the marketing & planning division, where later he was responsible for marketing strategy before being appointed vice president of operations in 1994.

In 1996 Mr Hoeferer was appointed chief executive officer of the Austrian National Tourist Organisation. He was also president of the Alpine Tourist Commission and served for several terms on the board of the European Travel Commission, the board of directors of Austrian Travel Agents and Tour Operators as well as the advisory board of Austrian Airlines.

In 2001, Mr Hoeferer joined Vienna International Airport where he was appointed senior executive vice president for airline and terminal services, as well as CEO of Vienna International Holdings.

Mr Hoeferer has already been Chairman of Malta International Airport plc, between 2003 and 2007.