One of the leading pioneers of package holiday tourism in the UK, David Crossland, yesterday put his retirement on hold following two recent profit warnings and a sharp slump in the MyTravel (Airtours) group's share price. Crossland, who just a few years ago told the Bulletin that one of the crowning moments of his career was watching his four cruise ships in the port of Palma, has now put his planned retirement this November on hold. Directors will now report to him until there is a replacement for chief executive Tim Byrne. The company said yesterday that Byrne's departure came “by mutual consent”, but “with regret”. Mr Byrne took over as chief executive of MyTravel, formerly called Airtours, two years ago.

Comments

The content of comment is the opinion of users and netizens and not of mallorcadailybulletin.com.

Comments contrary to laws, which are libellous, illegal or harmful to others are not permitted');

mallorcadailybulletin.com - reserves the right to remove any inappropriate comments.

Warning

Please remember that you are responsible for everything that you write and that data which are legally required can be made available to the relevant public authorities and courts; these data being name, email, IP of your computer as well as information accessible through the systems.

* Mandatory fields

Currently there are no comments.