Brookfield Dives Into Aero, Hires Former Air Canada CEO Rovinescu
Credit: Air Canada
Brookfield Asset Management, already a major asset manager in real estate, infrastructure, renewable power, private equity (PE) and credit markets, will dive into the aerospace sector after hiring recently retired Air Canada president and CEO Calin Rovinescu as an advisor.
Europe Restrictions, Travel Warnings Dampen Airlines’ Summer Hopes
Credit: Fraport AG
PARIS—Warnings from officials about international travel and tightening coronavirus restrictions in several countries are threatening European airlines’ hopes for a much-needed summer recovery in air travel demand.
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