Air Seychelles appoints Michael Berlouis as new CFO

Apr 29, 2017: Air Seychelles, the national airline of the Republic of Seychelles, has announced the appointment of Michael Berlouis as its new chief financial officer.

Berlouis joins Air Seychelles from Etihad Airways, where he held the position of manager financial planning, with responsibility for the design, implementation and management of financial planning systems and forecasts, including the collation of annual budgets, five-year plans, cabin profitability and traffic flow profitability.

Most recently the Seychellois finance professional completed an assignment in Belgrade as the head of financial planning and control at Air Serbia, an Etihad Aviation Group airline.

Roy Kinnear, chief executive officer, Air Seychelles, said, "Berlouis considerable experience in all aspects of corporate finance will be invaluable in continuing to drive profitability as we expand our network to Düsseldorf in Germany and Durban in South Africa. Over the last few years, we have placed a large focus on succession planning at Air Seychelles and it is heartening to see another Seychellois national join our senior management team."

Berlouis said, "I am delighted to join the Air Seychelles team as the airline embarks on the next significant chapter of its development."

Berlouis takes over the role from Abdul Mohsen Al Sayegh, who is returning to Abu Dhabi to take up the position of vice president finance of Etihad Airways Engineering, Hala Group and Etihad Airport Services, following a successful secondment at Air Seychelles.